Keystone is a device that Keystone device, formerly known as Cobo Wallet, is a hardware wallet that is growing in popularity among individuals and institutions seeking secure methods to store their cryptocurrency. The company was established on the 17th of January 2017 by 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 customers.
One of the most important characteristics in Keystone is that the Keystone device is its air-gapped capability which means it does not need to connect to an internet-connected device. This added layer of security ensures that your money is 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 scrutiny and review, further increasing the security of the device. Additionally, the device supports several cryptocurrencies, such as Bitcoin, Bitcoin Cash, Dash, Ethereum, EOS, Litecoin, Polkadot, Tether, and Tron and a number of ETH, TRON, and EOS digital tokens.
The Keystone product is simple to use, thanks to its large display screen , which makes it simple to view every asset. Its hardware is more durable than its rivals, meaning that it lasts for many years. Additionally, the device has a detachable battery pack, which means that it can be replaced if it is exhausted. The device is also equipped with an attractive and simple-to-use interface that is suitable for users of all experience levels.
The process of setting up Keystone is simple. The setup process for Keystone device is easy. The device first needs to be switched on and it scans a QR code by the camera through the Keystone website to authenticate the device. After that, a password will be set and the conditions of service are agreed to. After this, the 24-word seed phrase is copied down onto the provided seed phrase book or a non-digital material. This seed phrase is essential to the security of the device, therefore it is essential to keep it secure and not taken as a picture or typed onto smartphones or computers.
The device is also connected to the Keystone app available in the Apple App store or Google Play store. The app serves as an interface for approving 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 device is a safe and reliable hardware wallet that offers an easy-to-use air-gapped option. With support for a range of cryptocurrency as well as an open-source firmware and an easy-to-use interface, it is a great option for individuals and institutions looking to store their Bitcoin offline. Its focus on security as well as reliability and ease of use as well as its one-stop shop 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 an excellent option for anyone who is in the market for hardware wallets.