The Keystone device, formerly known in the past as Cobo Wallet, is a hardware wallet that is gaining popularity among individuals and institutions seeking secure methods to store their cryptocurrency. It was founded on the 17th of January 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 characteristics in this Keystone device is its air-gapped option meaning that it doesn’t have be connected to any online device. This extra layer of security guarantees that the funds are safe from online threats like hacking or the phishing attack. The device is also open-source, which means that the code is publicly accessible for scrutiny and review and further enhancing the security of the device. Additionally, the device supports various cryptocurrencies, including Bitcoin, Bitcoin Cash, Dash, Ethereum, EOS, Litecoin, Polkadot, Tether, and Tron along with various ETH, TRON, and EOS digital tokens.
The Keystone product is easy to use, with a large screen that makes it simple to view the entire inventory. The hardware of the device is more durable than some of its rivals, meaning that it will last for an extended period of time. 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, which makes it usable to any level of experience.
The procedure for setting up Keystone is simple. The setup process for Keystone device is straightforward. The device must be switched on and a QR code is scanned using the camera of the device on the Keystone website to authenticate the device. Next, a password is established and the conditions of service are agreed to. After this, the 24 words seed phrase is then copied down onto the provided seed phrase booklet or on another non-digital media. The seed phrase is vital 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 a computer or smartphone.
Finally, the device is paired with the Keystone app that is available through the Apple App store or Google Play store. The app serves as an interface that allows users to approve and sign transactions. However, it is important to note that the device itself does not have internet connectivity. This extra layer of security ensures that the funds are safe even if the smartphone is compromised.
In the end it is clear that Keystone is a great choice for storing Bitcoin. Keystone device is a secure and reliable hardware wallet that offers an easy-to-use air-gapped option. It supports a variety of cryptocurrencies and an open-source firmware and a user-friendly interface it is a great option for both institutions and individuals who want to keep your Bitcoin offline. The device’s emphasis on security safety, reliability, and comfort, along with its one-stop store for all things crypto by supporting 9 different coins as well as 700 tokens and offering access to an integrated DApp store, makes it an outstanding choice for anyone looking for hardware wallets.