Ethereum is a decentralized, open-source blockchain with smart contract functionality. It is the second-largest cryptocurrency by market capitalization, after Bitcoin.

 

 Ethereum is not just a digital currency, but also a platform for developing decentralized applications (dApps) and executing smart contracts.

Cryptocurrency wallets are the technologies by which people and institutions interface with, secure and store their digital assets. In this paper we consider the two primary technologies in this regard: hot and cold wallets. We assess the features of each wallet and discuss which is most suitable for various kinds of actors in the space, be they retail or institutional investors. We furthermore provide direction on the most salient features to consider when choosing your cryptocurrency wallet.