All tagged hot storage
COINiD is a bundle of apps; the COINiD Wallet and the COINiD Vault. For many mobile wallets, there is one application you need to download, so why do we have two? What is the purpose of the COINiD Vault, and how does it work together with the wallet? If you have read our previous articles on hot and cold storage, you might have learnt when the different apps are used and when they integrate. Nevertheless, following is a more specific description of the purpose of the two applications.
Security aspects of cryptocurrency is a debate that can be heard every day, and we believe that even for hot storage, users must be comfortable with and trust the wallet they are using. The cold storage solution is indeed what foremost makes us different from many other mobile wallets. However, if you want to spend and receive coins, then you deserve a hot wallet done right as well. Easy, secure and fun! That is what we believe that cryptocurrency should be all about, and that is what we try to reflect in our wallet. Hot or cold.
