The Keystone device, formerly known in the past as Cobo Wallet, is a hardware wallet that is gaining popularity among individuals and institutions seeking secure methods to store their cryptocurrency. It was founded in the year 2017 by Discus Fish and Changhao Jiang, Keystone offers a range of products that focus on security along with reliability and comfort for its customers.
One of the most important advantages in this Keystone device is its air-gapped option meaning that it doesn’t have to connect to an internet-connected device. This extra layer of security makes sure that the funds are safe from online threats such as hacking or fraud. It is also open source, which means that the code is publicly available for review and scrutiny, further increasing its security. Additionally, the device supports multiple cryptocurrencies, including Bitcoin, Bitcoin Cash, Dash, Ethereum, EOS, Litecoin, Polkadot, Tether, and Tron along with several ETH, TRON, and EOS digital tokens.
The Keystone gadget is very easy to use, and has a large display screen that allows users to easily view every asset. The hardware of the device is more durable than its competitors, which means that it lasts for an extended period of time. Additionally, the device has a battery pack that can be removed and this means it can be replaced if it is exhausted. The device also has an elegant and user-friendly interface, making it suitable for users of all levels of experience.
The process of setting up keystone Keystone device is easy. The device first needs to be switched on and a QR code is scanned with the device’s camera through the Keystone website to authenticate the device. After that, a password will be set and the conditions of service are agreed to. After this, the 24 words seed phrase is then copied onto the seed phrase book or a non-digital material. This seed phrase is essential to the security of the device, therefore it is crucial that it is kept secure and not taken as in a photo or written on a computer or smartphone.
The device is connected to the Keystone application that is available through the Apple App store or Google Play store. The app serves as an interface that allows users to approve and sign transactions. However, it is important to note that the device itself does not have internet connectivity. This additional layer of security ensures that your funds are secure even if your smartphone is compromised.
In the end, 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 an easy-to-use interface, it’s a fantastic choice for both institutions and individuals who want to keep the Bitcoin offline. The device’s emphasis on security, reliability, and convenience as well as its one-stop store for all things crypto by supporting 9 different coins with 700 tokens, as well as providing the ability to access an inbuilt DApp store, makes it an outstanding option for anyone who is who is looking to purchase a hardware wallet.