The Keystone device, previously referred to as Cobo Wallet, is a hardware wallet that is rapidly gaining popularity among individuals and institutions seeking secure ways to store their cryptocurrencies. Founded 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 customers.
One of the main features in the Keystone device is its air-gapped capability which means it doesn’t have to connect to an online device. This additional layer of security makes sure that the money is protected from online threats, such as hacking or the phishing attack. It is also open source this means that the source code is accessible for scrutiny and review, further increasing its security. Furthermore, the device can support multiple cryptocurrencies, including Bitcoin, Bitcoin Cash, Dash, Ethereum, EOS, Litecoin, Polkadot, Tether, and Tron and various ETH, TRON, and EOS digital tokens.
Keystone is a great device for business and leisure. Keystone device is also easy to use, with a large display screen that lets you easily browse the entire inventory. Its hardware is more durable than some of its competitors, which means that it lasts for a long time. Furthermore, it has an unattachable battery and this means it can be removed when it’s full. The device also has an elegant and user-friendly interface, which makes it usable to any level 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 a QR code is scanned using the camera of the device via the Keystone website to authenticate the device. Then, a password is established and the conditions of service are agreed to. After this, the 24 words seed phrase is then copied down onto the provided seed phrase booklet or on an undigital medium. The seed phrase is vital to the security of the device, so it is important to keep it secure and not taken as a picture or typed onto a computer or smartphone.
Finally, the device is also connected to the Keystone app that is available through the Apple App store or Google Play store. This app acts as an interface that allows users to approve and verify transactions, however it is important to note that the device doesn’t have an internet connection. This extra layer of security makes sure that the funds are safe even in the event that the phone is compromised.
In conclusion, the Keystone device is a secure and robust hardware wallet that gives an air-gapped solution that is easy to use. It supports a variety of cryptocurrencies and an open-source firmware and a user-friendly interface, it’s an excellent choice for individuals and institutions looking to keep the Bitcoin offline. Its focus on security safety, reliability, and comfort as well as its one-stop shop for everything crypto with support for 9 different currencies as well as 700 tokens and providing accessibility to the integrated DApp store, makes it an excellent choice for anyone who is looking to purchase a hardware wallet.