The Keystone device, previously known by the name of Cobo Wallet, is a hardware wallet that is rapidly gaining popularity among individuals and institutions seeking secure methods to store their cryptocurrencies. Founded on the 17th of January 2017 by Discus Fish and Changhao Jiang, Keystone offers a range of products that focus on security along with reliability and comfort for its clients.
One of the major advantages in the Keystone device is its air-gapped option meaning that it does not need for an online device. This added layer of security guarantees that your money is safe from online threats such as hacking or the phishing attack. The device is also open-source this means that the code is made available for review and scrutiny which further enhances the security of the device. Additionally, the device supports several cryptocurrencies, such as 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, thanks to its large display screen , which lets you easily browse 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. Furthermore, it has 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 any level of experience.
The process of setting up the Keystone device is straightforward. The device must be switched on and it scans a QR code by the camera through the Keystone website to authenticate the device. Then, a password is established and the terms of service are agreed upon. The 24-word seed phrase is written down on the seed phrase book or a non-digital material. This seed phrase is essential for the security of the device so it is important that it is kept protected and never used to take a picture or typed onto smartphones or computers.
The device is connected to the Keystone app, which is available on the Apple App store or Google Play store. The app serves as an interface that allows users to approve and verify transactions, however it is vital to keep in mind that the device itself does not have internet connectivity. This extra layer of security makes sure that the funds are safe even if your smartphone is compromised.
In the end it is clear that Keystone is a great choice for storing Bitcoin. Keystone gadget is safe and solid hardware wallet that provides an air-gapped solution that is easy to use. With support for a range of cryptocurrency as well as an open-source firmware and a user-friendly interface it is a great option for institutions and individuals looking to keep your Bitcoin offline. The device’s emphasis on security as well as reliability and ease of use and its single-stop shop for everything crypto that supports 9 different coins as well as 700 tokens and giving the ability to access an inbuilt DApp store makes it a top-notch option for anyone who is looking for hardware wallets.