The Keystone device, previously known in the past as Cobo Wallet, is a hardware wallet that is growing in popularity with institutions and individuals seeking secure methods to keep their crypto. The company was established in the year 2017 by Discus Fish and Changhao Jiang, Keystone offers a range of products that focus on security along with reliability and comfort for its customers.
One of the major characteristics in the Keystone device is the air-gapped feature meaning that it doesn’t have to connect to an online device. This additional layer of security makes sure that the funds are safe from online threats such as hacking or phishing. The device is also open-source this means that the source code is accessible for inspection and review and further enhancing its security. Furthermore, the device can support various cryptocurrencies, including Bitcoin, Bitcoin Cash, Dash, Ethereum, EOS, Litecoin, Polkadot, Tether and Tron and several ETH, TRON, and EOS digital tokens.
The Keystone device is also easy to use, thanks to its large screen that lets you easily browse all assets. The hardware of the device is more durable than some of its competitors, ensuring that it lasts for many years. Additionally, the device has a battery pack that can be removed and this means it can be replaced if it is exhausted. The device also has an attractive and simple-to-use interface, which makes it accessible to users of all levels of experience.
The procedure for setting up keystone Keystone device is straightforward. The device first needs to be switched on and the QR code is scan with the device’s camera through the Keystone website to authenticate the device. Next, a password is set and the terms of service are negotiated to. After this, the 24 words seed phrase is then copied onto the booklet of seed phrases or another non-digital media. This seed phrase is essential to the device’s security, so it is important that it is kept safe and never taken a picture or typed onto a computer or smartphone.
Additionally, the device is also connected to the Keystone application that is available through the Apple App store or Google Play store. This app acts as an interface that allows users to approve and sign transactions. However, it is vital to keep in mind that the device itself does not have internet connectivity. This additional layer of security makes sure that the money is safe even if the smartphone is compromised.
In conclusion, Keystone is a great choice for storing Bitcoin. Keystone gadget is safe and reliable hardware wallet that offers an air-gapped solution that is easy to use. With support for a range of cryptocurrency and an open-source firmware and a user-friendly interface it is a great option for institutions and individuals looking to store the Bitcoin offline. Its focus on security as well as reliability and ease of use, along with its one-stop store for all things crypto that supports 9 different coins with 700 tokens, as well as providing the ability to access an inbuilt DApp store, makes it a top-notch choice for anyone looking for a hardware wallet.