Keystone is a device that Keystone device, formerly known by the name of Cobo Wallet, is a hardware wallet that is growing in recognition among institutions and individuals who are looking for safe ways to store their cryptocurrencies. Founded on the 17th of January 2017 by Discus Fish and Changhao Jiang, Keystone offers a range of products that concentrate on security along with reliability and comfort for its clients.
One of the major characteristics in the Keystone device is its air-gapped capability meaning that it doesn’t need for an online device. This added layer of security ensures that the funds are safe from online threats like hacking or the phishing attack. The device is also open-source which means that the code is publicly accessible for inspection and review 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 very easy to use, with a large screen that makes it simple to view all assets. The device’s hardware is also more durable than some of its competitors, ensuring that it lasts for an extended period of time. In addition, the device comes with a battery pack that can be removed and this means the battery can be quickly replaced when it runs out. It also features an attractive and simple-to-use interface, which makes it suitable for users of all experience levels.
The procedure for setting up Keystone is simple. The setup process for Keystone device is simple. First, the device is turned on, and then a QR code is scanned using the camera of the device on the Keystone website to authenticate the device. After that, a password will be set and the conditions of service are agreed to. The 24-word seed phrase is copied onto the seed phrase book or another non-digital media. The seed phrase is vital to the device’s security, therefore it is essential to ensure it’s safe and never taken in a photo or written on smartphones or computers.
Additionally, the device is paired with the Keystone app, which is available on the Apple App store or Google Play store. This app acts as an interface for approving and verify transactions, however it is important to note that the device is not connected to the internet. This extra layer of security guarantees that the money is safe even if the smartphone is compromised.
In conclusion we can say that Keystone’s Keystone device is a safe and reliable hardware wallet that offers an air-gapped solution that is easy to use. It supports a variety of cryptocurrencies, an open-source firmware, and a user-friendly interface it’s a fantastic choice for individuals and institutions looking to keep their Bitcoin offline. The device’s emphasis on security, reliability, and convenience and its single-stop shop for everything crypto with support for 9 different currencies, 700 tokens, and providing the ability to access an inbuilt DApp store, makes it a top-notch option for anyone who is who is looking to purchase a hardware wallet.