The Keystone device, previously known as Cobo Wallet, is a hardware wallet that is rapidly gaining popularity with institutions and individuals seeking secure 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 clients.
One of the major advantages that is unique to Keystone is that the Keystone device is its air-gapped option meaning that it does not need to connect to an internet-connected device. This extra layer of security guarantees that your money is safe from online threats like hacking or the phishing attack. The device is also open-source, which means that the code is made available for review and scrutiny, further increasing 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, with a large screen that lets you easily browse all assets. The device’s hardware is also more durable than some of its competitors, ensuring that it will last for many years. Furthermore, it has an unattachable battery, which means that the battery can be easily replaced when it runs out. The device is also equipped with a sleek and easy-to-navigate interface that is usable to all experience levels.
The procedure for setting up keystone Keystone device is straightforward. First, the device is switched on and the QR code is scan using the camera of the device on the Keystone website to authenticate the device. After that, a password will be established and the terms of service are agreed upon. The 24 words seed phrase is then copied onto the seed phrase booklet or on another non-digital media. This seed phrase is essential to the security of the device, therefore it is crucial to ensure it’s safe and never taken in a photo or written on smartphones or computers.
Finally, the device is paired with the Keystone application, which is available on 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 important to note that the device itself doesn’t have an internet connection. This additional layer of security ensures that the funds are safe even if the smartphone is compromised.
In conclusion we can say that Keystone’s Keystone product is secure and solid hardware wallet that provides an easy-to-use , air-gapped feature. 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 store their Bitcoin offline. Its focus on security safety, reliability, and comfort and its single-stop store for all things crypto by supporting 9 different coins, 700 tokens, and offering access to an integrated DApp store makes it an outstanding option for anyone who is who is looking to purchase a hardware wallet.