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The cabinet is on the way in and out of his house, so it made for a natural place to hang his keys. Instead of mounting pegs, he used a magnet as a way to keep the keys in place, hanging from ...
Cold storage reduces the chances of private key theft by removing them from an online environment. In most cases, transferring private keys to cold storage is not as complicated as it might seem.
Ledger has introduced Ledger Recovery Key, a physical offline recovery tool allowing Ledger Flex or Ledger Stax users to store their private key on a smart card using an NFC connection.