{"id":94417,"date":"2019-02-22T00:30:02","date_gmt":"2019-02-22T00:30:02","guid":{"rendered":"https:\/\/www.ccn.com\/?p=163393"},"modified":"2019-02-22T00:30:02","modified_gmt":"2019-02-22T00:30:02","slug":"coinbases-brian-armstrong-says-its-okay-to-use-hot-wallets-to-store-bitcoin","status":"publish","type":"post","link":"http:\/\/webdomino.net\/index.php\/cryptocoinsnews\/coinbases-brian-armstrong-says-its-okay-to-use-hot-wallets-to-store-bitcoin\/","title":{"rendered":"Coinbase\u2019s Brian Armstrong Says it\u2019s Okay to Use Hot Wallets to Store Bitcoin"},"content":{"rendered":"

Brian Armstrong, CEO of $8 billion crypto exchange Coinbase, wants to set some misconceptions straight about the security of various types of Bitcoin wallets. Writing in Fortune, Armstrong clarifies \u2013 for a mainstream audience \u2013 the difference between hot and cold wallets. If the reader is unfamiliar with the concept, it\u2019s pretty simple. A \u201chot\u201d wallet is connected to the internet and capable of making immediate transactions. A \u201ccold\u201d wallet is secured offline, by definition, although there are degrees of coldness. A private key stored on an internet-connected device but not loaded into any active wallets is still technically \u201ccold\u201d <\/p>\n

The post Coinbase’s Brian Armstrong Says it’s Okay to Use Hot Wallets to Store Bitcoin<\/a> appeared first on CCN<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Brian Armstrong, CEO of $8 billion crypto exchange Coinbase, wants to set some misconceptions straight about the security of various types of Bitcoin wallets. Writing in Fortune, Armstrong clarifies \u2013 for a mainstream audience \u2013 the difference between …<\/p>\n","protected":false},"author":143,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mi_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2200],"tags":[2215,4307,2553,5701,1766],"yoast_head":"\nCoinbase\u2019s Brian Armstrong Says it\u2019s Okay to Use Hot Wallets to Store Bitcoin - WebDomino.NET<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/webdomino.net\/index.php\/cryptocoinsnews\/coinbases-brian-armstrong-says-its-okay-to-use-hot-wallets-to-store-bitcoin\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Coinbase\u2019s Brian Armstrong Says it\u2019s Okay to Use Hot Wallets to Store Bitcoin - WebDomino.NET\" \/>\n<meta property=\"og:description\" content=\"Brian Armstrong, CEO of $8 billion crypto exchange Coinbase, wants to set some misconceptions straight about the security of various types of Bitcoin wallets. 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