Exploring Hardware Wallets
Published in
1 min readOct 30, 2018
Year 3 Students from the world famous, Wooranna Spaceship, have begun learning about hardware wallets. They have been using Ledger Nano S devices purchased with BTC from Coinstop to learn financial literacy and the difference between authenticated (concurrency) and unauthenticated (fiat)money.
A hardware wallet or “cold storage” is a physical electronic device, built for the purpose of securing cryptocurrencies.
The core innovation is that the hardware wallet must be connected to your computer, phone, or tablet before cryptocurrencies can be spent.
The three most popular and best hardware wallets are:
“So, if you don’t own your private keys, you don’t own your money?!?” -Hassan
