The Keystone device, formerly known by the name of Cobo Wallet, is a hardware wallet that is growing in recognition among institutions and individuals who are looking for secure methods to keep their crypto. It was founded on the 17th of January 2017 with the help of Discus Fish and Changhao Jiang, Keystone offers a range of products that focus on security as well as reliability and ease of use for its clients.
One of the major advantages of Keystone is that the Keystone device is its air-gapped capability which means it doesn’t have for an online device. This extra 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 made accessible for inspection and review and further enhancing the security of the device. Furthermore, the device can support 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.
Keystone is a great device for business and leisure. Keystone product is very easy to use, and has a large display screen , which makes it simple to view the entire inventory. The device’s hardware is also more durable than its competitors, which means that it will last for a long time. Furthermore, it has a battery pack that can be removed and this means it can be removed when it’s full. The device also has a sleek and easy-to-navigate interface, making it usable to any level of experience.
The process of setting up the Keystone device is straightforward. The device must be turned on, and then the QR code is scan using the camera of the device on the Keystone website to authenticate the device. Next, a password is set and the terms of service are negotiated to. Following this, the 24-word seed phrase is copied down onto the provided seed phrase book or a non-digital material. The seed phrase is vital to the security of the device, therefore it is crucial to ensure it’s secure and not taken as by taking a picture or copied onto smartphones or computers.
Finally, the device is also connected to the Keystone application that is available through the Apple App store or Google Play store. This app acts as an interface to approve and sign transactions, but it is crucial to remember that the device does not have internet connectivity. This additional layer of security ensures that the money is safe even if the smartphone is compromised.
In the end it is clear that Keystone’s Keystone product is safe and robust hardware wallet that gives an air-gapped solution that is easy to use. 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 institutions and individuals looking to store their Bitcoin offline. The focus of the device is security as well as reliability and ease of use and its single-stop store for all things crypto with support for 9 different currencies, 700 tokens, and giving the ability to access an inbuilt DApp store makes it a top-notch choice for anyone looking for hardware wallets.