The Keystone device, previously known as Cobo Wallet, is a hardware wallet that is gaining popularity with institutions and individuals seeking safe ways to store their cryptocurrencies. The company was established in 2017 in 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 that is unique to the Keystone device is its air-gapped option meaning that it does not need for an internet-connected device. This extra layer of security guarantees that the money is protected from online threats like hacking or phishing. The device is also open-source, which means that the code is made accessible for scrutiny 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 along with several ETH, TRON, and EOS digital tokens.
The Keystone product is simple to use, thanks to its large display screen that lets you easily browse all assets. The device’s hardware is also more durable than its rivals, meaning that it will last for many years. Furthermore, it has a battery pack that can be removed, which means that it can be replaced when it runs out. The device also has an elegant and user-friendly interface that is suitable for users of all experience levels.
The procedure for setting up keystone Keystone device is simple. The device must be powered on and then it scans a QR code with the device’s camera via the Keystone website to authenticate the device. After that, a password will be set and the conditions of service are agreed to. Following this, the 24-word seed phrase is copied onto the booklet of seed phrases or an undigital medium. This seed phrase is essential to the device’s security, so it is important to keep it safe and never taken by taking a picture or copied onto a computer or smartphone.
Additionally, the device is paired with the Keystone application that is available through the Apple App store or Google Play store. The app serves as an interface for approving and sign transactions. However, it is crucial to remember that the device itself is not connected to the internet. This additional layer of security guarantees that the funds are safe even in the event that the phone is compromised.
In conclusion we can say that the Keystone device is a secure and reliable hardware wallet that offers an easy-to-use , air-gapped feature. With support for multiple cryptocurrencies as well as an open-source firmware and a user-friendly interface it is a great option for individuals and institutions looking to keep their Bitcoin offline. The focus of the device is security as well as reliability and ease of use, along with its one-stop shop for everything crypto with support for 9 different currencies with 700 tokens, as well as offering accessibility to the integrated DApp store makes it an excellent choice for anyone in the market for a hardware wallet.