The Keystone device, formerly known in the past as Cobo Wallet, is a hardware wallet that is rapidly gaining recognition among institutions and individuals who are looking for secure ways to store their cryptocurrencies. It was founded in the year 2017 with the help of 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 in the Keystone device is the air-gapped feature, which means that it doesn’t have for an online device. This extra layer of security guarantees that the funds are safe from online threats like hacking or fraud. It is also open source this means that the source code is available for review and scrutiny, further increasing its security. In addition, the device supports multiple cryptocurrencies, including Bitcoin, Bitcoin Cash, Dash, Ethereum, EOS, Litecoin, Polkadot, Tether, and Tron and various ETH, TRON, and EOS digital tokens.
The Keystone device is also very easy to use, thanks to its large screen that lets you easily browse every asset. The device’s hardware is also more durable than its competitors, which means that it lasts for many years. Additionally, the device has a battery pack that can be removed and this means it can be replaced if it is exhausted. The device also has a sleek and easy-to-navigate interface that is usable to any level of experience.
The setup process for the Keystone device is simple. First, the device is powered on and then a QR code is scanned 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. After this, the 24-word seed phrase is copied onto the seed phrase booklet or on a non-digital material. This seed phrase is essential to the security of the device, therefore it is crucial to ensure it’s protected and never used to take by taking a picture or copied onto smartphones or computers.
The device is paired with the Keystone application that is available through the Apple App store or Google Play store. It acts as an interface that allows users to approve and sign transactions, but it is vital to keep in mind that the device itself does not have internet connectivity. This extra layer of security guarantees that the funds are safe even if the smartphone is compromised.
In the end we can say that the Keystone product is safe and reliable hardware wallet that offers an easy-to-use air-gapped option. It supports a variety of cryptocurrencies as well as an open-source firmware and an easy-to-use interface, it is a great option for both institutions and individuals who want to store the Bitcoin offline. Its focus on security safety, reliability, and comfort and its single-stop shop for everything crypto by supporting 9 different coins, 700 tokens, and giving the ability to access an inbuilt DApp store, makes it an excellent choice for anyone in the market for an electronic wallet.