Please can you tell me the benefit of a cold node

+2 votes
I understand that the multichain cold node is for offline purpose in a blockchain but how does it contribute to the blockchain in any way if its offline by not participating in consensus or mining etc. What is its benefit?
asked May 2 by cyril

1 Answer

0 votes
The point of a cold node is to act as a repository for private keys that can sign transactions, on a computer which is not connected to the Internet and therefore cannot possibly be compromised by any kind of hack or software vulnerability. This keeps the private keys safe to a level that is not possible on a computer which is connected to the Internet. More information about the MultiChain cold node is here:

https://www.multichain.com/developers/cold-nodes-wallets/
answered May 2 by MultiChain
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