Bitcoin Cold Storage Part 1: Introduction / The Basics



In part 1 we discuss exactly what Bitcoin cold storage is, how it works and get a basic understanding of the crypto and transaction structure behind it all.

8 Comments

  1. So I was a C student in school.Are you saying that a private keys(hot wallet) is mostly secure? Is the exchange secure for some coins more than others? Someone help me understand please.

  2. Interesting, people should know that Bitcoin is just the tip of the iceberg in the crypto-currency world. You should do a video on an alternative coin, like Zetacoin. They are about to become one of the major mobile payment solutions around Africa, lead developers are in meetings right now to make it happen.
     You can get Zetacoin on most major coin exchanges Bter/Cryptsy/Mintpal. As of today Zetacoin are 1,000 times cheaper than Bitcoin. They will be all over the news in the next few months! Do a research piece on Zetacoin for people who don't know what alternative coins are, or want to get on the bandwagon before they get to $100 per coin.
     Right now Zetacoin are only about $0.01 each. Repost this message to get attention, this coin could very well be the new currency for a 3rd world country.

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