The Keystone device, previously known by the name of Cobo Wallet, is a hardware wallet that is rapidly gaining recognition among institutions and individuals seeking secure methods to store their cryptocurrency. Founded on the 17th of January 2017 with the help of Discus Fish and Changhao Jiang, Keystone offers a range of products that are focused on security along with reliability and comfort for its customers.
One of the main advantages that is unique to the Keystone device is its air-gapped capability meaning that it doesn’t have to connect to an online device. This extra layer of security guarantees that your money is safe from online threats such as hacking or the phishing attack. The device is also open-source, which means that the code is made accessible for scrutiny and review and further enhancing its security. Furthermore, the device can support multiple cryptocurrencies, including Bitcoin, Bitcoin Cash, Dash, Ethereum, EOS, Litecoin, Polkadot, Tether and Tron along with various ETH, TRON, and EOS digital tokens.
Keystone is a great device for business and leisure. Keystone device is also very easy to use, and has a large display screen that allows users to easily view all assets. Its hardware is more durable than some of its rivals, meaning that it lasts for a long time. In addition, the device comes with an unattachable battery this means that the battery can be quickly replaced if it is exhausted. It also features a sleek and easy-to-navigate interface, making it accessible to users of all levels of experience.
The process of setting up the Keystone device is straightforward. First, the device is switched on and the QR code is scan using the camera of the device via the Keystone website to authenticate the device. Next, a password is created and the conditions of service are agreed to. After this, the 24-word seed phrase is copied onto the seed phrase book or a non-digital material. This seed phrase is crucial to the device’s security, so it is important that it is kept secure and not taken as by taking a picture or copied onto smartphone or computer.
Finally, the device is connected to the Keystone app that is available through the Apple App store or Google Play store. The app serves as an interface for approving and sign transactions. However, it is crucial to remember that the device doesn’t have an internet connection. This extra layer of security makes sure 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 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 as well as an open-source firmware and a user-friendly interface, it’s a fantastic choice for institutions and individuals looking to keep their Bitcoin offline. The device’s emphasis on security, reliability, and convenience and its single-stop shop for all things crypto, by supporting 9 different coins, 700 tokens, and offering accessibility to the integrated DApp store, makes it a top-notch choice for anyone in the market for hardware wallets.