General
Beginner
What is
Cold Wallet?
A cryptocurrency wallet that is not connected to the internet, providing enhanced security for storing funds offline.
A cryptocurrency wallet that is not connected to the internet, providing enhanced security for storing funds offline. Cold wallets include hardware wallets, paper wallets, and other offline storage methods. They are less vulnerable to hacks compared to hot wallets.
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Frequently Asked Questions
Questions about Cold Wallet
Common questions about this topic
How to get started with Ergo?
Start by getting a wallet (Nautilus for browser, Terminus for mobile). Back up your seed phrase securely offline. Get some ERG from an exchange (Gate.io, KuCoin) or DEX (Spectrum). Make a test transaction. Then explore: try DeFi on Spectrum, check out NFTs, or dive into the technology if you're a builder.
How-to
Getting Started
What is the best wallet for Ergo?
Nautilus is the most popular Ergo wallet - a browser extension supporting all Ergo features including tokens, NFTs, and dApp connections. For mobile, use Terminus. For maximum security, pair Nautilus with a Ledger hardware wallet. Always backup your seed phrase offline.
Explainer
Getting Started
What is ErgoScript and how does it work?
ErgoScript is Ergo's smart contract language - a Scala-based, functional language that compiles to ErgoTree for on-chain execution. Unlike Solidity, ErgoScript is not Turing-complete by design, ensuring predictable execution costs and easier formal verification. It's powerful enough for complex DeFi yet safe enough to audit.
Explainer
Technology
What happens when all ERG is mined?
When emission ends (~2045), miners will continue earning from transaction fees and storage rent. Unlike Bitcoin which relies solely on fees, Ergo's storage rent provides a sustainable income stream by recycling coins from inactive boxes. The network remains secure without depending on ever-increasing transaction volume.
Explainer
Technology