Strategies to secure your bitcoin in digital wallets For all the newbie’s who are just getting into bitcoin landscape, you need to know that bitcoins are not a just a buck. You are responsible to keep your bitcoin or another cryptocurrency safe and secure in your digital wallets. Digital wallet as the name indicates resides in mobile and computer device while securing them with the private keys or paper wallets. Wondering how secure these wallets? Following are some prescribed way that can help you secure your wallets from, device malfunction and hacking issues. Offline mode: offline mode is also known as a cold storage wallet. These wallets as the name suggest are not connected to the internet and thus are less prone to the cyber threat. These cold storage wallets are suitable for those who wanted to store a large sum of bitcoin while, ensuring security from hacks. The most popular offline methods to hold bitcoin are paper wallet, sound wallet, hardware wallet and storage wallet.
The blockchain is an emerging technology. Many startups and IT firms are searching for application of Blockchain that can cut the cost of the transaction by optimizing them to low cost