I am a newbie here I have read it from above about hotwallet and coldwallet so, actually cold or hot is just a way to store seedphrase offline and online. And also it is not about how much btc is stored but how long we store it in the wallet.
I am a newbie here I have read it from above about hotwallet and coldwallet so, actually cold or hot is just a way to store seedphrase offline and online. And also it is not about how much btc is stored but how long we store it in the wallet.
I would focus on the means of transaction sighing rather than on SEED storage.
The core difference between the two lies in how transactions are signed i.e. either online or offline. Hot wallets sign transactions online which means the private keys are stored on device connected to Internet. Cold wallets sign transactions offline. The relevant device that keeps wallet with private keys never touch internet. Thus transactions are signed in isolation.