The Keystone device, previously referred to in the past as Cobo Wallet, is a hardware wallet that is gaining popularity among individuals and institutions who seek safe ways to store their cryptocurrencies. The company was established in 2017 with the help of Discus Fish and Changhao Jiang, Keystone offers a range of products that are focused on security, reliability, and convenience for its customers.
One of the main characteristics of this Keystone device is the air-gapped feature meaning that it does not need be connected to any internet-connected device. This extra layer of security ensures that the funds are safe from online threats like hacking or fraud. It is also open source this means that the code is made accessible for scrutiny 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 along with a number of ETH, TRON, and EOS digital tokens.
The Keystone gadget is very easy to use, thanks to its large display screen , which allows users to easily view all assets. Its hardware is more durable than its competitors, which means that it will last many years. Additionally, the device has a detachable battery pack, which means that the battery can be quickly removed when it’s full. The device is also equipped with a sleek and easy-to-navigate interface that is accessible to users of all levels of experience.
The process of setting up keystone Keystone device is simple. First, the device is turned on, and then a QR code is scanned by the camera on the Keystone website to authenticate the device. After that, a password will be set and the conditions of service are negotiated to. After this, the 24 words seed phrase is then written down on the seed phrase book or another non-digital media. This seed phrase is crucial to the device’s security, therefore it is crucial to keep it secure and not taken as in a photo or written on a computer or smartphone.
The device is connected to the Keystone app available in the Apple App store or Google Play store. This app acts as an interface that allows users to approve and sign transactions. However, it is crucial to remember that the device does not have internet connectivity. This added layer of security guarantees that the funds are safe even if the smartphone is compromised.
In conclusion it is clear that Keystone’s Keystone device is a secure and reliable hardware wallet that offers an easy-to-use air-gapped option. With support for multiple cryptocurrencies, an open-source firmware, and an easy-to-use interface, it is a great option for institutions and individuals looking to keep the Bitcoin offline. Its focus on security as well as reliability and ease of use and its single-stop store for all things crypto with support for 9 different currencies as well as 700 tokens and giving accessibility to the integrated DApp store makes it a top-notch option for anyone who is who is looking to purchase a hardware wallet.