Keystone is a device that Keystone device, previously referred to in the past as Cobo Wallet, is a hardware wallet that is gaining recognition among institutions and individuals who are looking for safe ways to store their cryptocurrencies. The company was established on the 17th of January 2017 by Discus Fish and Changhao Jiang, Keystone offers a range of products that are focused on security as well as reliability and ease of use for its clients.
One of the main advantages that is unique to Keystone is that the Keystone device is the air-gapped feature which means it doesn’t have to connect to an internet-connected device. This extra layer of security ensures that the money is protected from online threats, such as hacking or fraud. The device is also open-source this means that the source code is accessible for scrutiny and review, further increasing its security. Additionally, the device supports several cryptocurrencies, such as Bitcoin, Bitcoin Cash, Dash, Ethereum, EOS, Litecoin, Polkadot, Tether, and Tron, as well as various ETH, TRON, and EOS digital tokens.
The Keystone product is easy to use, thanks to its large screen that makes it simple to view the entire inventory. Its hardware is more durable than its competitors, ensuring that it lasts for a long time. Furthermore, it has a battery pack that can be removed, which means that the battery can be quickly removed when it’s full. The device also has an attractive and simple-to-use interface, which makes it suitable for users of any level of experience.
The procedure for setting up Keystone is simple. The setup process for Keystone device is simple. The device first needs to be powered on and then it scans a QR code by the camera through the Keystone website to authenticate the device. Next, a password is established and the conditions of service are agreed upon. After this, the 24-word seed phrase is copied down onto the provided seed phrase booklet or on another non-digital media. This seed phrase is essential to the device’s security, therefore it is crucial to ensure it’s secure and not taken as a picture or typed onto a computer or smartphone.
The device is also connected to the Keystone application that is available through the Apple App store or Google Play store. The app serves as an interface to approve and sign transactions, but it is vital to keep in mind that the device itself does not have internet connectivity. This added layer of security makes sure that the money is safe even if your smartphone is compromised.
In the end we can say that Keystone’s Keystone device is a secure and solid hardware wallet that provides an air-gapped solution that is easy to use. With support for multiple cryptocurrencies, an open-source firmware, and a user-friendly interface it is a great option for institutions and individuals looking to store the Bitcoin offline. The device’s emphasis on security as well as reliability and ease of use and its single-stop shop for all things crypto, that supports 9 different coins as well as 700 tokens and offering access to an integrated DApp store makes it an excellent choice for anyone looking for an electronic wallet.