glossary
Hardware Wallet
Definition
A hardware wallet is a secure physical device for storing cryptocurrency private keys offline, safeguarding them from online threats such as hacking.
Description
Hardware wallets are purpose-built for secure offline management of cryptocurrency private keys, protecting them from potential cyber threats. They are designed to sign transactions securely but do not handle transaction security details directly.
Instead, they rely on signing interfaces—applications on users' devices that interact with decentralized applications (dApps) and manage transaction information. This separation ensures that private keys remain protected, even if transaction details are processed through an external interface.