The Keystone device, previously known by the name of Cobo Wallet, is a hardware wallet that is rapidly gaining recognition among institutions and individuals who are looking for safe ways to keep their crypto. It was founded on the 17th of January 2017 in 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 clients.
One of the main characteristics that is unique to Keystone is that the Keystone device is its air-gapped option meaning that it doesn’t have be connected to any online device. This additional layer of security guarantees that the funds are safe from online threats, such as hacking or phishing. It is also open source which means that the code is made available for review and scrutiny and further enhancing its security. Additionally, the device supports various cryptocurrencies, including Bitcoin, Bitcoin Cash, Dash, Ethereum, EOS, Litecoin, Polkadot, Tether, and Tron along with several ETH, TRON, and EOS digital tokens.
The Keystone gadget is simple to use, and has a large display screen that lets you easily browse the entire inventory. Its hardware is more durable than its rivals, meaning that it lasts for many years. Furthermore, it has a detachable battery pack this means that the battery can be easily removed when it’s full. The device also has an attractive and simple-to-use interface, making it usable to all levels of experience.
The procedure for setting up the Keystone device is simple. The device first needs to be turned on, and then it scans a QR code by the camera on the Keystone website to authenticate the device. After that, a password will be established and the conditions of service are negotiated 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 crucial to the security of the device, therefore it is essential to ensure it’s protected and never used to take in a photo or written on smartphones or computers.
The device is also connected to the Keystone application available in the Apple App store or Google Play store. The app serves as an interface to approve and verify transactions, however it is crucial to remember that the device itself doesn’t have an internet connection. This extra layer of security makes sure that the funds are safe even if the smartphone is compromised.
In the end we can say that Keystone is a great choice for storing Bitcoin. Keystone device is a safe and robust hardware wallet that gives an easy-to-use air-gapped option. It supports a variety of cryptocurrencies and an open-source firmware and an easy-to-use interface, it’s a fantastic choice for both institutions and individuals who want to store the Bitcoin offline. Its focus on security as well as reliability and ease of use, along with its one-stop shop for all things crypto, that supports 9 different coins with 700 tokens, as well as offering the ability to access an inbuilt DApp store, makes it an outstanding option for anyone who is in the market for a hardware wallet.