Keystone is a device that Keystone device, formerly known in the past as Cobo Wallet, is a hardware wallet that is gaining popularity among individuals and institutions who are looking for secure methods to store their cryptocurrencies. Founded in the year 2017 with the help of 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 customers.
One of the main advantages in this Keystone device is its air-gapped capability which means it doesn’t need for an internet-connected device. This extra layer of security guarantees that the money is protected from online threats such as hacking or the phishing attack. The device is also open-source which means that the source code is accessible for scrutiny and review, further increasing the security of the device. Furthermore, the device can support various cryptocurrencies, including Bitcoin, Bitcoin Cash, Dash, Ethereum, EOS, Litecoin, Polkadot, Tether, and Tron, as well as several ETH, TRON, and EOS digital tokens.
The Keystone device is also very easy to use, with a large screen that lets you easily browse every asset. Its hardware is more durable than some of its competitors, which means that it lasts for a long time. In addition, the device comes with a detachable battery pack and this means the battery can be quickly removed when it’s full. The device also has an attractive and simple-to-use interface, making it accessible to users of all experience levels.
The procedure for setting up Keystone is simple. The setup process for Keystone device is straightforward. The device must be switched on and it scans a QR code with the device’s camera through the Keystone website to authenticate the device. After that, a password will be established and the terms of service are agreed to. The 24 words seed phrase is then copied onto the seed phrase book or another non-digital media. The seed phrase is vital for the security of the device therefore it is essential to ensure it’s safe and never taken a picture or typed onto a computer or smartphone.
Additionally, the device is paired with the Keystone application available in the Apple App store or Google Play store. The app serves as an interface to approve and sign transactions. However, it is vital to keep in mind that the device doesn’t have an internet connection. This additional layer of security makes sure that the money is safe even in the event that the phone is compromised.
In conclusion it is clear that Keystone’s Keystone product is safe and robust hardware wallet that gives 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 an excellent choice for both institutions and individuals who want to store the Bitcoin offline. The device’s emphasis on security, reliability, and convenience, along with its one-stop shop for everything crypto by supporting 9 different coins with 700 tokens, as well as offering the ability to access an inbuilt DApp store makes it a top-notch choice for anyone who is looking to purchase a hardware wallet.