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, 2019 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:
answered May 2, 2019 by MultiChain