The Keystone device, previously known by the name of Cobo Wallet, is a hardware wallet that is rapidly gaining popularity among individuals and institutions who are looking for safe ways to store their cryptocurrencies. The company was established in the year 2017 in 2017 by Discus Fish and Changhao Jiang, Keystone offers a range of products that focus on security, reliability, and convenience for its clients.
One of the main advantages in this Keystone device is the air-gapped feature which means it doesn’t need be connected to any internet-connected device. This added layer of security guarantees that the funds are safe from online threats such as hacking or fraud. It is also open source this means that the code is publicly accessible for inspection and review and further enhancing its security. Additionally, the device supports several cryptocurrencies, such as Bitcoin, Bitcoin Cash, Dash, Ethereum, EOS, Litecoin, Polkadot, Tether, and Tron, as well as various ETH, TRON, and EOS digital tokens.
The Keystone device is also simple to use, and has a large display screen that allows users to easily view the entire inventory. The hardware of the device is more durable than its competitors, which means that it will last an extended period of time. In addition, the device comes with a detachable battery pack and this means the battery can be quickly replaced when it runs out. The device also has an elegant and user-friendly interface, making it accessible to users of all experience levels.
The setup process for the Keystone device is easy. First, the device is turned on, and then the QR code is scan using the camera of the device through the Keystone website to authenticate the device. Next, a password is established and the conditions of service are negotiated to. Following this, the 24 words seed phrase is then copied onto the booklet of seed phrases or another non-digital media. This seed phrase is crucial for the security of the device so it is important to keep it secure and not taken as by taking a picture or copied onto smartphones or computers.
Additionally, the device is also connected to the Keystone app, which is available on the Apple App store or Google Play store. This app acts as an interface that allows users to approve and sign transactions, but it is important to note that the device itself is not connected to the internet. This extra layer of security guarantees that your funds are secure even in the event that the phone is compromised.
In the end, Keystone is a great choice for storing Bitcoin. Keystone product is secure and solid hardware wallet that provides 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 an excellent choice for institutions and individuals looking to store their Bitcoin offline. The focus of the device is security, reliability, and convenience, along with its one-stop shop for all things crypto, with support for 9 different currencies with 700 tokens, as well as providing access to an integrated DApp store makes it a top-notch option for anyone who is looking for an electronic wallet.