The Keystone device, formerly known by the name of Cobo Wallet, is a hardware wallet that is growing in popularity among individuals and institutions seeking secure methods to store their cryptocurrency. Founded in 2017 by Discus Fish and Changhao Jiang, Keystone offers a range of products that are focused on security as well as reliability and ease of use for its clients.
One of the major characteristics that is unique to the Keystone device is its air-gapped option which means it doesn’t have for an internet-connected device. This extra layer of security ensures that the money is protected from online threats like hacking or phishing. It is also open source which means that the code is made accessible for scrutiny and review and further enhancing its security. Additionally, the device supports various cryptocurrencies, including Bitcoin, Bitcoin Cash, Dash, Ethereum, EOS, Litecoin, Polkadot, Tether, and Tron along with several ETH, TRON, and EOS digital tokens.
The Keystone product is very easy to use, and has a large screen that lets you easily browse all assets. The device’s hardware is also more durable than some of its competitors, ensuring that it lasts for a long time. In addition, the device comes with a battery pack that can be removed, which means that the battery can be quickly removed when it’s full. The device also has a sleek and easy-to-navigate interface, making it suitable for users of all levels of experience.
The process of setting up Keystone is simple. The setup process for Keystone device is easy. First, the device is turned on, and then the QR code is scan with the device’s camera via the Keystone website to authenticate the device. Then, a password is created and the terms of service are agreed upon. The 24 words seed phrase is then copied down onto the provided booklet of seed phrases or an undigital medium. This seed phrase is essential for the security of the device therefore it is crucial that it is kept safe and never taken a picture or typed onto smartphone or computer.
Additionally, the device is connected to the Keystone application, which is available on the Apple App store or Google Play store. The app serves as an interface 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 ensures that the money is safe even if your smartphone is compromised.
In the end, Keystone’s Keystone product is safe and robust hardware wallet that gives an easy-to-use air-gapped option. With support for a range of cryptocurrency 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 safety, reliability, and comfort and its single-stop store for all things crypto with support for 9 different currencies as well as 700 tokens and providing the ability to access an inbuilt DApp store, makes it an outstanding choice for anyone in the market for an electronic wallet.