The Keystone device, previously known in the past as Cobo Wallet, is a hardware wallet that is gaining popularity with institutions and individuals who are looking for secure methods to store their cryptocurrencies. It was founded in the year 2017 by Discus Fish and Changhao Jiang, Keystone offers a range of products that concentrate on security as well as reliability and ease of use for its clients.
One of the major features of this Keystone device is the air-gapped feature which means it does not need to connect to an internet-connected device. This extra layer of security makes sure that the money is protected from online threats, such as hacking or fraud. It is also open source, which means that the source code is available for review and scrutiny which further enhances the security of the device. In addition, the device supports several cryptocurrencies, such as Bitcoin, Bitcoin Cash, Dash, Ethereum, EOS, Litecoin, Polkadot, Tether, and Tron, as well as a number of ETH, TRON, and EOS digital tokens.
The Keystone device is also easy to use, with a large screen that allows users to easily view every asset. Its hardware is more durable than its competitors, which means that it will last for many years. In addition, the device comes with a detachable battery pack this means that the battery can be easily replaced if it is exhausted. It also features a sleek and easy-to-navigate interface, making it accessible to users of all levels of experience.
The setup process for the Keystone device is easy. The device first needs to be turned on, and then it scans a QR code with the device’s camera via the Keystone website to authenticate the device. Next, a password is established and the conditions of service are agreed to. Following this, the 24 words seed phrase is then copied down onto the provided seed phrase booklet or on another non-digital media. This seed phrase is essential for the security of the device therefore it is essential to ensure it’s protected and never used to take in a photo or written on smartphones or computers.
Additionally, the device is also 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 doesn’t have an internet connection. This extra layer of security guarantees that your funds are secure even if your smartphone is compromised.
In conclusion, Keystone is a great choice for storing Bitcoin. Keystone product is safe and robust hardware wallet that gives an easy-to-use , air-gapped feature. With support for multiple cryptocurrencies, an open-source firmware, and an easy-to-use interface, it is a great option for both institutions and individuals who want to store the Bitcoin offline. The device’s emphasis on security, reliability, and convenience, along with its one-stop store for all things crypto that supports 9 different coins with 700 tokens, as well as providing access to an integrated DApp store makes it a top-notch option for anyone who is in the market for a hardware wallet.