The Keystone device, formerly known as Cobo Wallet, is a hardware wallet that is gaining popularity with institutions and individuals who seek safe ways to store their cryptocurrency. It was founded in the year 2017 with the help of Discus Fish and Changhao Jiang, Keystone offers a range of products that are focused on security as well as reliability and ease of use for its clients.
One of the most important characteristics in Keystone is that the Keystone device is its air-gapped capability meaning that it does not need for an internet-connected device. This additional layer of security makes sure that the funds are safe from online threats, such as hacking or the phishing attack. The device is also open-source which means that the code is publicly accessible for inspection and review and further enhancing its security. In addition, the device supports multiple cryptocurrencies, including Bitcoin, Bitcoin Cash, Dash, Ethereum, EOS, Litecoin, Polkadot, Tether and Tron, as well as a number of ETH, TRON, and EOS digital tokens.
The Keystone product is easy to use, thanks to its large screen that makes it simple to view all assets. The device’s hardware is also more durable than its rivals, meaning that it will last for many years. Furthermore, it has a detachable battery pack this means that the battery can be easily replaced if it is exhausted. The device is also equipped with an elegant and user-friendly interface, making it usable to all levels of experience.
The procedure for setting up the Keystone device is straightforward. First, the device is switched on and a QR code is scanned using the camera of the device through the Keystone website to authenticate the device. Next, a password is set and the terms of service are agreed to. Following this, the 24-word seed phrase is copied onto the seed phrase book or a non-digital material. This seed phrase is crucial for the security of the device so it is important that it is kept protected and never used to take by taking a picture or copied onto smartphones or computers.
Additionally, the device is connected to the Keystone application, which is available on the Apple App store or Google Play store. It acts as an interface for approving and verify transactions, however it is important to note that the device itself doesn’t have an internet connection. This additional layer of security ensures that the money is safe even if your smartphone is compromised.
In conclusion, Keystone is a great choice for storing Bitcoin. Keystone device is a secure and robust hardware wallet that gives 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 individuals and institutions looking to store the Bitcoin offline. The focus of the device is 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 access to an integrated DApp store makes it a top-notch option for anyone who is looking for a hardware wallet.