The Keystone device, previously referred to in the past as Cobo Wallet, is a hardware wallet that is gaining popularity among individuals and institutions seeking safe ways to store their cryptocurrency. The company was established on the 17th of January 2017 in 2017 by Discus Fish and Changhao Jiang, Keystone offers a range of products that are focused on security along with reliability and comfort for its customers.
One of the main advantages in the Keystone device is its air-gapped option which means it doesn’t have for an online device. This additional layer of security guarantees that the money is protected from online threats, such as hacking or phishing. It is also open source which means that the code is made accessible for inspection and review which further enhances its security. Furthermore, the device can support several cryptocurrencies, such as Bitcoin, Bitcoin Cash, Dash, Ethereum, EOS, Litecoin, Polkadot, Tether, and Tron along with 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 screen that allows users to easily view every asset. The hardware of the device is more durable than some of its competitors, ensuring that it will last an extended period of time. Furthermore, it has an unattachable battery this means that the battery can be quickly replaced when it runs out. It also features an attractive and simple-to-use interface, which makes it suitable for users of all levels of experience.
The procedure for setting up the Keystone device is easy. The device first needs to be switched on and it scans a QR code using the camera of the device through the Keystone website to authenticate the device. Then, a password is created and the conditions of service are negotiated to. Following this, the 24-word seed phrase is written down on the booklet of seed phrases or an undigital medium. The seed phrase is vital for the security of the device so it is important to keep it safe and never taken a picture or typed onto smartphone or computer.
The device is connected to the Keystone application that is available through the Apple App store or Google Play store. The app serves as an interface that allows users to approve and verify transactions, however it is vital to keep in mind that the device itself is not connected to the internet. This added layer of security makes sure that your funds are secure even if your smartphone is compromised.
In conclusion, Keystone’s Keystone device is a safe and solid hardware wallet that provides an air-gapped solution that is easy to use. With support for a range of cryptocurrency, an open-source firmware, and a user-friendly interface, it’s an excellent choice for individuals and institutions looking 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 giving the ability to access an inbuilt DApp store, makes it a top-notch option for anyone who is who is looking to purchase an electronic wallet.