Keystone is a device that Keystone device, formerly known by the name of Cobo Wallet, is a hardware wallet that is growing in popularity among individuals and institutions who are looking for 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 concentrate on security as well as reliability and ease of use for its customers.
One of the main advantages that is unique to the Keystone device is the air-gapped feature meaning that it doesn’t need for an internet-connected device. This extra layer of security ensures that the money is protected from online threats, such as hacking or phishing. It is also open source which means that the source code is available for review and scrutiny and further enhancing its security. In addition, the device supports multiple cryptocurrencies, including Bitcoin, Bitcoin Cash, Dash, Ethereum, EOS, Litecoin, Polkadot, Tether, and Tron and various ETH, TRON, and EOS digital tokens.
The Keystone device is also simple to use, thanks to its large display screen , which allows users to easily view every asset. Its hardware is more durable than its competitors, which means that it will last for an extended period of time. Furthermore, it has a battery pack that can be removed, which means that the battery can be quickly removed when it’s full. It also features an elegant and user-friendly interface, which makes it accessible to users of all experience levels.
The process of setting up the Keystone device is straightforward. First, the device is switched on and a QR code is scanned using the camera of the device via the Keystone website to authenticate the device. Next, a password is created and the conditions of service are negotiated to. The 24 words seed phrase is then copied onto the seed phrase booklet or on an undigital medium. This seed phrase is crucial to the security of the device, therefore it is essential that it is kept protected and never used to take in a photo or written on a computer or smartphone.
The device is also connected to the Keystone application, which is available on the Apple App store or Google Play store. It acts as an interface to approve and sign transactions, but it is important to note that the device itself is not connected to the internet. This added layer of security makes sure that your funds are secure even if the smartphone is compromised.
In the end, 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 feature. It supports a variety of cryptocurrencies and an open-source firmware and a user-friendly interface, it’s an excellent choice for individuals and institutions looking to store the Bitcoin offline. The device’s emphasis on security safety, reliability, and comfort and its single-stop shop for all things crypto, by supporting 9 different coins with 700 tokens, as well as giving the ability to access an inbuilt DApp store, makes it an excellent option for anyone who is in the market for hardware wallets.