The Keystone device, formerly 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 in 2017 by Discus Fish and Changhao Jiang, Keystone offers a range of products that concentrate on security, reliability, and convenience for its clients.
One of the main features of Keystone is that the Keystone device is its air-gapped capability meaning that it doesn’t have to connect to an internet-connected device. This additional layer of security ensures that your money is safe from online threats, such as hacking or fraud. It is also open source which means that the source code is accessible for scrutiny and review, further increasing the security of the device. Additionally, 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 device is also easy to use, thanks to its large screen that lets you easily browse all assets. Its hardware is more durable than some of its competitors, ensuring that it will last an extended period of time. In addition, the device comes with a battery pack that can be removed and this means it can be removed when it’s full. The device is also equipped with an elegant and user-friendly interface that is usable to any level of experience.
The process of setting up the Keystone device is easy. First, the device is turned on, and then a QR code is scanned using the camera of the device via the Keystone website to authenticate the device. After that, a password will be created and the terms of service are negotiated to. After this, the 24-word seed phrase is written down on the seed phrase book or another non-digital media. This seed phrase is essential for the security of the device therefore it is essential to keep it secure and not taken as in a photo or written on smartphones or computers.
Additionally, the device is also connected to the Keystone application that is available through 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 does not have internet connectivity. This additional layer of security ensures that your funds are secure even if the smartphone is compromised.
In the end it is clear that Keystone is a great choice for storing Bitcoin. Keystone device is a secure and reliable hardware wallet that offers an air-gapped solution that is easy to use. It supports a variety of 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 the Bitcoin offline. The focus of the device is security safety, reliability, and comfort and its single-stop shop for everything crypto by supporting 9 different coins with 700 tokens, as well as offering access to an integrated DApp store, makes it an outstanding option for anyone who is in the market for a hardware wallet.