H

Hot Storage

Hot storage refers to the storage of digital assets on devices that are connected to the internet. While hot storage is more convenient for frequent transactions, it can also be more vulnerable to cyber attacks. Vaultody offers both hot and cold storage options to its clients.

Hierarchical Deterministic Wallet

A type of cryptocurrency wallet that uses a tree-like structure to generate a large number of public and private keys.

Hash Function

A mathematical function that converts an input of arbitrary length into a fixed-size output.

Hardware Wallet

A type of cryptocurrency wallet that stores private keys on a physical device.

Hierarchical Deterministic (HD) Wallet

A type of cryptocurrency wallet that generates a hierarchical tree of public and private keys from a single seed value.

Hot Wallet

A type of cryptocurrency wallet that is connected to the internet for easy access.

Hardware security module (HSM)

An HSM is a dedicated cryptographic device that provides secure key storage and management.