mirror of
https://github.com/monero-project/monero-site.git
synced 2024-11-06 08:27:35 +00:00
19 lines
1.4 KiB
Markdown
19 lines
1.4 KiB
Markdown
---
|
|
layout: moneropedia
|
|
entry: "Wallet"
|
|
terms: ["wallet", "wallets"]
|
|
summary: "A wallet stores the information necessary to send and receive Monero"
|
|
---
|
|
|
|
### The Basics
|
|
|
|
A Monero account, or wallet, stores the information necessary to send and receive Moneroj. In addition to sending and receiving, the Monero Wallet software keeps a private history of your transactions and allows you to cryptographically sign messages. It also includes Monero mining software and an address book.
|
|
|
|
The term "hot wallet" describes a Monero @account which is connected to the Internet. You can send funds easily but security is much lower than a cold wallet. Never store large amounts of cryptocurrency in a hot wallet!
|
|
|
|
A cold wallet is generated on a trusted device or computer via an @airgap. If the device is to be reused, the data storage should be securely overwritten. As soon as a cold wallet is connected to the internet or its mnemonic phrase or @spend-key is entered on an internet-connected device, it's no longer "cold" and should be considered "hot".
|
|
|
|
A Monero @paper-wallet can be generated by downloading the source code of https://moneroaddress.org/. Verify the signature of the code on a trusted airgapped device. Create the wallet and print or store it on the media of your choice.
|
|
|
|
Monero accounts and paper-wallets can be stored on any media - paper, USB drive, CD/DVD, or a hardware wallet device (none available for Monero as of June 2017).
|
|
|