Wallets

What is a hot wallet?

A hot wallet is a crypto wallet whose private key is stored on a device connected to the internet: a browser extension, a mobile app, a desktop app or an exchange account. It is convenient because it can sign instantly.

Why it matters

Convenience is also the weakness. The key, even encrypted, sits on a machine that runs other software and visits websites. A malicious extension, a clipboard hijacker or a fake update can steal it, and a stolen key can be emptied in seconds, with no way to reverse it.

How Locker Protocol Wallet handles it

Locker Protocol Wallet looks and works like a browser wallet, but it is not a hot wallet: the extension stores no private key. Signing happens on Locker Vault, an offline device, so what an attacker can reach in the browser cannot move your funds.

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Questions

Is MetaMask a hot wallet?

Used on its own, yes: MetaMask keeps an encrypted copy of your key in the browser. Paired with a hardware wallet, the key stays on the device and MetaMask only prepares transactions.

Should I stop using hot wallets?

A hot wallet holding a small balance for daily use is a reasonable trade-off. Savings belong on a key that never touches an online device.