The Keystone device, formerly known by the name of Cobo Wallet, is a hardware wallet that is gaining popularity with institutions and individuals who seek 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, reliability, and convenience for its clients.
One of the major characteristics in Keystone is that the Keystone device is its air-gapped option meaning that it doesn’t need for an online device. This extra 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, which means that the source code is available for review and scrutiny, further increasing 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 device is also easy to use, with a large screen that lets you easily browse every asset. The hardware of the device is more durable than some of its rivals, meaning that it lasts for an extended period of time. Furthermore, it has an unattachable battery this means that it can be replaced when it runs out. The device also has an elegant and user-friendly interface, which makes it usable to any level of experience.
The procedure for setting up keystone Keystone device is easy. 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 set and the terms of service are agreed to. The 24 words seed phrase is then copied down onto the provided booklet of seed phrases or an undigital medium. The seed phrase is vital to the device’s security, so it is important that it is kept secure and not taken as a picture or typed onto smartphones or computers.
Finally, the device is connected to the Keystone app that is available through 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 important to note that the device itself doesn’t have an internet connection. This extra layer of security ensures that your funds are secure even if your smartphone is compromised.
In conclusion we can say that the Keystone gadget is safe and reliable hardware wallet that offers an easy-to-use air-gapped option. With support for multiple cryptocurrencies as well as an open-source firmware and a user-friendly interface it’s an excellent choice for institutions and individuals looking to keep your Bitcoin offline. The device’s emphasis on security, reliability, and convenience, along with its one-stop store for all things crypto with support for 9 different currencies, 700 tokens, and providing the ability to access an inbuilt DApp store, makes it an outstanding choice for anyone in the market for hardware wallets.