The Keystone device, formerly known by the name of Cobo Wallet, is a hardware wallet that is rapidly gaining recognition among institutions and individuals seeking safe ways to keep their crypto. The company was established in the year 2017 in 2017 by Discus Fish and Changhao Jiang, Keystone offers a range of products that concentrate on security, reliability, and convenience for its customers.
One of the most important advantages that is unique to this Keystone device is the air-gapped feature which means it does not need be connected to any internet-connected device. This additional layer of security makes sure that your money is safe from online threats like hacking or phishing. It is also open source which means that the code is made accessible for inspection and review and further enhancing its security. Furthermore, the device can support several cryptocurrencies, such as Bitcoin, Bitcoin Cash, Dash, Ethereum, EOS, Litecoin, Polkadot, Tether and Tron and various ETH, TRON, and EOS digital tokens.
The Keystone product is easy to use, thanks to its large screen that lets you easily browse all assets. The hardware of the device is more durable than its competitors, which means that it will last an extended period of time. In addition, the device comes with a battery pack that can be removed this means that the battery can be easily removed when it’s full. It also features an attractive and simple-to-use interface, making it usable to all experience levels.
The procedure for setting up the Keystone device is easy. First, the device is turned on, and then it scans a QR code using the camera of the device via the Keystone website to authenticate the device. Next, a password is created and the conditions of service are agreed upon. The 24 words seed phrase is then copied down onto the provided seed phrase book or an undigital medium. This seed phrase is crucial to the device’s security, therefore it is crucial that it is kept safe and never taken by taking a picture or copied onto smartphone or computer.
The device is connected to the Keystone app available in the Apple App store or Google Play store. It acts as an interface to approve and verify transactions, however it is vital to keep in mind that the device doesn’t have an internet connection. This extra layer of security ensures that the money is safe even if the smartphone is compromised.
In conclusion, the Keystone device is a safe and robust hardware wallet that gives an easy-to-use air-gapped option. With support for multiple cryptocurrencies and an open-source firmware and a user-friendly interface, it’s an excellent choice for individuals and institutions looking to keep your Bitcoin offline. The device’s emphasis on security, reliability, and convenience, along with its one-stop shop for everything crypto that supports 9 different coins as well as 700 tokens and giving access to an integrated DApp store makes it an excellent option for anyone who is in the market for an electronic wallet.