The Keystone device, previously known as Cobo Wallet, is a hardware wallet that is rapidly gaining recognition among institutions and individuals seeking safe ways to keep their crypto. It was founded in the year 2017 with the help of Discus Fish and Changhao Jiang, Keystone offers a range of products that concentrate on security, reliability, and convenience for its customers.
One of the most important characteristics that is unique to this Keystone device is its air-gapped option, which means that it doesn’t have for an online device. This additional layer of security ensures that the funds are safe from online threats such as hacking or phishing. The device is also open-source which means that the code is publicly available for review and scrutiny, further increasing 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 product is simple to use, thanks to its large display screen that allows users to easily view every asset. Its hardware is more durable than some of its rivals, meaning that it will last an extended period of time. Furthermore, it has a detachable battery pack this means that the battery can be easily replaced if it is exhausted. The device also has an attractive and simple-to-use interface, which makes it usable to all levels of experience.
The procedure for setting up Keystone is simple. The setup process for Keystone device is straightforward. The device must be turned on, and then it scans a QR code with the device’s camera on the Keystone website to authenticate the device. After that, a password will be set and the conditions of service are agreed upon. After this, the 24 words seed phrase is then copied onto the seed phrase book or an undigital medium. This seed phrase is crucial for the security of the device so it is important to keep it safe and never taken in a photo or written on smartphones or computers.
The device is connected to the Keystone app that is available through the Apple App store or Google Play store. This app acts as an interface for approving and sign transactions, but it is crucial to remember that the device itself is not connected to the internet. This extra layer of security makes sure that the money is safe even if the smartphone is compromised.
In conclusion it is clear that Keystone’s Keystone device is a secure and robust hardware wallet that gives an easy-to-use , air-gapped feature. With support for a range of cryptocurrency and an open-source firmware and an easy-to-use interface, it is a great option for both institutions and individuals who want to store their Bitcoin offline. The device’s emphasis on security safety, reliability, and comfort and its single-stop store for all things crypto that supports 9 different coins as well as 700 tokens and offering the ability to access an inbuilt DApp store, makes it a top-notch choice for anyone in the market for hardware wallets.