The Keystone device, previously known as Cobo Wallet, is a hardware wallet that is rapidly gaining recognition among institutions and individuals who are looking for secure ways to keep their crypto. Founded on the 17th of January 2017 in 2017 by Discus Fish and Changhao Jiang, Keystone offers a range of products that focus on security, reliability, and convenience for its customers.
One of the most important characteristics of the Keystone device is its air-gapped option meaning that it does not need for an online device. This additional layer of security ensures that the money is protected from online threats, such as hacking or phishing. It is also open source this means that the source code is available for review and scrutiny which further enhances its security. Additionally, the device supports various 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 very easy to use, with a large display screen that makes it simple to view every asset. The device’s hardware is also more durable than its rivals, meaning that it lasts for a long time. Furthermore, it has an unattachable battery this means that the battery can be easily removed when it’s full. The device also has an attractive and simple-to-use interface, which makes it accessible to 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 switched on and it scans a QR code using the camera of the device through the Keystone website to authenticate the device. After that, a password will be set and the conditions of service are agreed upon. After this, the 24-word seed phrase is copied down onto the provided seed phrase booklet or on a non-digital material. This seed phrase is essential for the security of the device therefore it is crucial to keep it safe and never taken in a photo or written on a computer or smartphone.
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 for approving and sign transactions. However, it is vital to keep in mind that the device is not connected to the internet. This added layer of security guarantees that the money is safe even in the event that the phone is compromised.
In conclusion we can say that Keystone is a great choice for storing Bitcoin. Keystone product is safe and solid hardware wallet that provides an air-gapped solution that is easy to use. With support for multiple cryptocurrencies and an open-source firmware and a user-friendly interface it’s a fantastic choice for both institutions and individuals who want 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 an excellent option for anyone who is in the market for hardware wallets.