Keystone is a device that Keystone device, previously referred to as Cobo Wallet, is a hardware wallet that is growing in recognition among institutions and individuals seeking secure methods to store their cryptocurrencies. It was founded in 2017 with the help of Discus Fish and Changhao Jiang, Keystone offers a range of products that focus on security along with reliability and comfort for its customers.
One of the main features that is unique to the Keystone device is the air-gapped feature which means it doesn’t have for an internet-connected device. This additional layer of security makes sure that the money is protected from online threats, such as hacking or phishing. The device is also open-source which means that the code is made available for review and scrutiny which further enhances the security of the device. Additionally, the device supports several cryptocurrencies, such as Bitcoin, Bitcoin Cash, Dash, Ethereum, EOS, Litecoin, Polkadot, Tether and Tron along with various ETH, TRON, and EOS digital tokens.
The Keystone product is simple to use, with a large screen that allows users to easily view the entire inventory. Its hardware is more durable than some of its rivals, meaning that it will last for an extended period of time. Additionally, the device has a detachable battery pack, which means that it can be replaced when it runs out. The device is also equipped with an elegant and user-friendly interface, which makes it suitable for users of all experience levels.
The procedure for setting up Keystone is simple. The setup process for Keystone device is straightforward. First, the device is turned on, and then a QR code is scanned by the camera on the Keystone website to authenticate the device. Next, a password is set and the conditions of service are agreed to. After this, the 24 words seed phrase is then copied onto the seed phrase booklet or on an undigital medium. The seed phrase is vital to the security of the device, therefore it is essential to keep it secure and not taken as in a photo or written on smartphone or computer.
Additionally, the device is connected to the Keystone application that is available through the Apple App store or Google Play store. It acts as an interface to approve and sign transactions, but it is crucial to remember that the device doesn’t have an internet connection. This additional layer of security guarantees that the money is safe even in the event that the phone is compromised.
In the end we can say that Keystone’s Keystone product is safe and reliable hardware wallet that offers an air-gapped solution that is easy to use. With support for a range of cryptocurrency and an open-source firmware and a user-friendly interface it’s a fantastic choice for institutions and individuals looking to store their Bitcoin offline. The device’s emphasis on security, reliability, and convenience and its single-stop store for all things crypto that supports 9 different coins as well as 700 tokens and giving the ability to access an inbuilt DApp store makes it a top-notch choice for anyone looking for a hardware wallet.