The Keystone device, formerly known by the name of Cobo Wallet, is a hardware wallet that is rapidly gaining popularity among individuals and institutions seeking safe ways to store their cryptocurrencies. It was founded on the 17th of January 2017 in 2017 by Discus Fish and Changhao Jiang, Keystone offers a range of products that are focused on security, reliability, and convenience for its customers.
One of the main features that is unique to this Keystone device is its air-gapped capability which means it doesn’t have be connected to any online device. This extra layer of security guarantees that the money is protected from online threats like hacking or fraud. The device is also open-source this means that the code is publicly accessible for inspection and review and further enhancing 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 along with various ETH, TRON, and EOS digital tokens.
The Keystone gadget is very easy to use, with a large screen that allows users to easily view all assets. The device’s hardware is also more durable than its competitors, which means that it will last for a long time. Additionally, the device has a detachable battery pack this means that it can be replaced if it is exhausted. The device is also equipped with a sleek and easy-to-navigate interface, which makes it usable to all experience levels.
The procedure for setting up the Keystone device is simple. The device must be switched on and a QR code is scanned with the device’s camera on the Keystone website to authenticate the device. Next, a password is established and the terms of service are agreed upon. The 24 words seed phrase is then copied onto the booklet of seed phrases or an undigital medium. This seed phrase is crucial to the device’s security, so it is important to ensure it’s secure and not taken as a picture or typed onto smartphone or computer.
Finally, the device is connected to the Keystone application available in the Apple App store or Google Play store. This app acts as an interface that allows users to approve and verify transactions, however it is vital to keep in mind that the device does not have internet connectivity. This additional layer of security ensures that the funds are safe even if the smartphone is compromised.
In conclusion we can say that Keystone’s Keystone product is secure and robust hardware wallet that gives an easy-to-use , air-gapped feature. It supports a variety of 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 their Bitcoin offline. The focus of the device is security as well as reliability and ease of use, along with its one-stop store for all things crypto by supporting 9 different coins with 700 tokens, as well as providing accessibility to the integrated DApp store, makes it a top-notch option for anyone who is looking for an electronic wallet.