Keystone is a device that Keystone device, formerly known in the past as Cobo Wallet, is a hardware wallet that is rapidly gaining popularity with institutions and individuals who are looking for secure ways to store their cryptocurrencies. Founded on the 17th of January 2017 with the help of Discus Fish and Changhao Jiang, Keystone offers a range of products that concentrate on security along with reliability and comfort for its clients.
One of the main characteristics in Keystone is that the Keystone device is its air-gapped option meaning that it doesn’t have be connected to any online device. This additional layer of security makes sure that the money is protected from online threats like hacking or fraud. The device is also open-source which means that the code is made accessible for scrutiny and review, further increasing its security. Additionally, the device supports multiple cryptocurrencies, including Bitcoin, Bitcoin Cash, Dash, Ethereum, EOS, Litecoin, Polkadot, Tether, and Tron along with various ETH, TRON, and EOS digital tokens.
The Keystone product is simple to use, and has a large screen that allows users to easily view all assets. The hardware of the device is more durable than its competitors, which means that it lasts for a long time. Additionally, the device has an unattachable battery and this means the battery can be easily replaced if it is exhausted. The device also has an elegant and user-friendly interface, which makes it usable to any level of experience.
The process of setting up Keystone is simple. The setup process for 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. Next, a password is established and the terms of service are negotiated to. After this, the 24-word seed phrase is copied down onto the provided booklet of seed phrases or a non-digital material. This seed phrase is crucial for the security of the device therefore it is crucial to ensure it’s secure and not taken as in a photo or written on a computer or smartphone.
The device is connected to the Keystone application, which is available on the Apple App store or Google Play store. It acts as an interface for approving and sign transactions. However, it is vital to keep in mind that the device itself doesn’t have an internet connection. This additional layer of security makes sure 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 safe and robust hardware wallet that gives an easy-to-use air-gapped option. With support for a range of cryptocurrency as well as an open-source firmware and an easy-to-use interface, it is a great option for both institutions and individuals who want to keep the Bitcoin offline. The focus of the device is security as well as reliability and ease of use, along with its one-stop store for all things crypto that supports 9 different coins with 700 tokens, as well as giving the ability to access an inbuilt DApp store makes it a top-notch option for anyone who is looking for a hardware wallet.