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RE: Gridcoin PSA - Check your wallet security!

in #gridcoin5 years ago

It is also worth noting that with the new side staking features, users can create a "hot and cold" wallet setup for themselves. In this kind of situation the user can keep a majority of their coins offline ("cold") on a wallet that is rarely used, and have a smaller wallet that is kept online 24/7 ("hot") that side stakes a portion or all of its proceeds to the cold wallet. This allows you to stake at a reasonable rate without the risk of keeping all your coins in one online wallet.

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