The Keystone device, formerly known in the past as Cobo Wallet, is a hardware wallet that is rapidly gaining recognition among institutions and individuals who are looking for secure methods to keep their crypto. The company was established on the 17th of January 2017 by Discus Fish and Changhao Jiang, Keystone offers a range of products that concentrate on security, reliability, and convenience for its clients.
One of the major advantages of Keystone is that the Keystone device is its air-gapped capability which means it doesn’t need be connected to any internet-connected device. This additional layer of security ensures that the funds are safe from online threats, such as hacking or the phishing attack. The device is also open-source this means that the source code is accessible for inspection and review, further increasing the security of the device. In addition, the device supports multiple cryptocurrencies, including Bitcoin, Bitcoin Cash, Dash, Ethereum, EOS, Litecoin, Polkadot, Tether and Tron along with a number of ETH, TRON, and EOS digital tokens.
The Keystone device is also easy to use, and has a large display screen that allows users to easily view the entire inventory. The device’s hardware is also more durable than some of its competitors, which means that it will last for many years. In addition, the device comes with an unattachable battery, which means that it can be replaced if it is exhausted. The device also has an elegant and user-friendly interface that is usable to all levels of experience.
The process of setting up the Keystone device is easy. First, the device is switched on and a QR code is scanned by the camera through the Keystone website to authenticate the device. Next, a password is created and the terms of service are agreed to. After this, the 24 words seed phrase is then written down on the booklet of seed phrases or a non-digital material. The seed phrase is vital to the device’s security, so it is important that it is kept secure and not taken as a picture or typed onto smartphones or computers.
Additionally, the device is connected to the Keystone app available in the Apple App store or Google Play store. This app acts as an interface for approving and verify transactions, however it is crucial to remember that the device doesn’t have an internet connection. This added layer of security makes sure that the funds are safe even if the smartphone is compromised.
In the end it is clear that the Keystone device is a secure and robust hardware wallet that gives an air-gapped solution that is easy to use. With support for multiple cryptocurrencies and an open-source firmware and a user-friendly interface, it’s an excellent choice for both institutions and individuals who want to keep their Bitcoin offline. The device’s emphasis on security safety, reliability, and comfort, along with its one-stop store for all things crypto by supporting 9 different coins as well as 700 tokens and providing the ability to access an inbuilt DApp store, makes it a top-notch option for anyone who is in the market for an electronic wallet.