Keystone is a device that Keystone device, previously referred to as Cobo Wallet, is a hardware wallet that is gaining popularity among individuals and institutions seeking safe ways to store their cryptocurrencies. Founded 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 main characteristics that is unique to the Keystone device is its air-gapped capability which means it doesn’t need be connected to any internet-connected device. This added layer of security guarantees that your money is safe from online threats, such as hacking or fraud. It is also open source, which means that the code is made accessible for scrutiny and review and further enhancing its security. Furthermore, the device can support multiple cryptocurrencies, including Bitcoin, Bitcoin Cash, Dash, Ethereum, EOS, Litecoin, Polkadot, Tether, and Tron along with various ETH, TRON, and EOS digital tokens.
The Keystone device is also very easy to use, thanks to its large display screen that lets you easily browse the entire inventory. The hardware of the device is more durable than its competitors, ensuring that it lasts for an extended period of time. In addition, the device comes with an unattachable battery this 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 usable to all levels of experience.
The procedure for setting up Keystone is simple. The setup process for Keystone device is straightforward. The device must be 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 set and the conditions 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. This seed phrase is essential to the security of the device, so it is important that it is kept secure and not taken as in a photo or written on smartphone or computer.
Additionally, the device is paired with the Keystone application available in the Apple App store or Google Play store. It acts as an interface to approve and sign transactions, but it is important to note that the device does not have internet connectivity. This additional layer of security guarantees that the funds are safe even if the smartphone is compromised.
In conclusion, the Keystone device is a safe and reliable hardware wallet that offers an easy-to-use air-gapped option. With support for a range of cryptocurrency as well as an open-source firmware and a user-friendly interface, it’s an excellent choice for both institutions and individuals who want to keep the Bitcoin offline. Its focus on security safety, reliability, and comfort, along with its one-stop store for all things crypto with support for 9 different currencies as well as 700 tokens and offering the ability to access an inbuilt DApp store, makes it a top-notch choice for anyone who is looking to purchase an electronic wallet.