Keystone is a device that Keystone device, previously known as Cobo Wallet, is a hardware wallet that is rapidly gaining popularity among individuals and institutions who are looking for safe ways to store their cryptocurrency. It was founded on the 17th of January 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 main features in the Keystone device is the air-gapped feature meaning that it does not need to connect to an internet-connected device. This additional layer of security makes sure that the money is protected from online threats, such as hacking or fraud. The device is also open-source which means that the code is made accessible for scrutiny and review, further increasing the security of the device. Furthermore, the device can support multiple cryptocurrencies, including Bitcoin, Bitcoin Cash, Dash, Ethereum, EOS, Litecoin, Polkadot, Tether and Tron along with a number of ETH, TRON, and EOS digital tokens.
The Keystone product is simple to use, with a large screen that allows users to easily view every asset. Its hardware is more durable than some of its competitors, ensuring that it will last an extended period of time. Additionally, the device has a battery pack that can be removed this means that it can be replaced when it runs out. It also features an attractive and simple-to-use interface, making it suitable for users of all levels of experience.
The setup process for Keystone is simple. The setup process for Keystone device is easy. First, the device is powered on and then a QR code is scanned by the camera via the Keystone website to authenticate the device. After that, a password will be set and the terms of service are agreed to. The 24 words seed phrase is then copied down onto the provided seed phrase booklet or on an undigital medium. The seed phrase is vital to the device’s security, therefore it is essential that it is kept protected and never used to take in a photo or written on a computer or smartphone.
The device is connected to the Keystone app that is available through the Apple App store or Google Play store. It acts as an interface that allows users to approve and sign transactions, but it is crucial to remember that the device doesn’t have an internet connection. This additional layer of security guarantees that the money is safe even in the event that the phone is compromised.
In the end it is clear that the Keystone device is a 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 a fantastic choice for both institutions and individuals who want to store the Bitcoin offline. Its focus on security, reliability, and convenience and its single-stop shop for everything crypto with support for 9 different currencies, 700 tokens, and offering accessibility to the integrated DApp store makes it a top-notch option for anyone who is looking for a hardware wallet.