The Keystone device, previously known in the past as Cobo Wallet, is a hardware wallet that is rapidly gaining popularity among individuals and institutions who seek secure ways to store their cryptocurrency. Founded in the year 2017 with the help of Discus Fish and Changhao Jiang, Keystone offers a range of products that are focused on security, reliability, and convenience for its customers.
One of the major characteristics in this Keystone device is its air-gapped capability meaning that it doesn’t have to connect to an online device. This added layer of security ensures that the funds are safe from online threats like hacking or phishing. It is also open source, which means that the code is made available for review and scrutiny which further enhances its security. Furthermore, the device can support multiple cryptocurrencies, including Bitcoin, Bitcoin Cash, Dash, Ethereum, EOS, Litecoin, Polkadot, Tether, and Tron, as well as a number of ETH, TRON, and EOS digital tokens.
The Keystone device is also easy to use, and has a large display screen , which lets you easily browse all assets. The hardware of the device is more durable than some of its competitors, ensuring that it will last an extended period of time. Additionally, the device has a detachable battery pack this means that it can be replaced if it is exhausted. The device also has an elegant and user-friendly interface that is accessible to users of any level of experience.
The process of setting up keystone Keystone device is simple. First, the device is turned on, and then a QR code is scanned by the camera via the Keystone website to authenticate the device. After that, a password will be created and the terms of service are agreed to. The 24 words seed phrase is then copied down onto the provided seed phrase book or another non-digital media. The seed phrase is vital to the security of the device, therefore it is crucial that it is kept protected and never used to take a picture or typed onto smartphones or computers.
Additionally, the device is connected to the Keystone application available in the Apple App store or Google Play store. It acts as an interface that allows users to approve and sign 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 the end we can say that Keystone is a great choice for storing Bitcoin. Keystone device is a secure and reliable hardware wallet that offers an easy-to-use air-gapped option. It supports a variety of cryptocurrencies, an open-source firmware, and a user-friendly interface, it’s an excellent choice for individuals and institutions looking to store the Bitcoin offline. Its focus on security safety, reliability, and comfort as well as its one-stop shop for everything crypto by supporting 9 different coins with 700 tokens, as well as providing access to an integrated DApp store, makes it an excellent choice for anyone in the market for an electronic wallet.