The Keystone device, previously known as Cobo Wallet, is a hardware wallet that is rapidly gaining popularity with institutions and individuals seeking safe ways to store their cryptocurrency. It was founded on the 17th of January 2017 by 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 most important features in the Keystone device is its air-gapped capability meaning that it doesn’t need to connect to an online device. This additional layer of security makes sure that the funds are safe from online threats such as hacking or fraud. It is also open source this means that the code is made available for review and scrutiny, 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, as well as various ETH, TRON, and EOS digital tokens.
Keystone is a great device for business and leisure. Keystone product is very easy to use, and has a large screen that lets you easily browse the entire inventory. The hardware of the device is more durable than some of its rivals, meaning that it will last an extended period of time. Furthermore, it has a battery pack that can be removed and this means the battery can be easily replaced when it runs out. It also features an attractive and simple-to-use interface, making it suitable for users of all levels of experience.
The procedure for setting up Keystone is simple. The setup process for Keystone device is straightforward. The device first needs to be turned on, and then the QR code is scan using the camera of the device through the Keystone website to authenticate the device. After that, a password will be set and the conditions of service are agreed to. The 24-word seed phrase is copied onto the seed phrase book or another non-digital media. The seed phrase is vital for the security of the device so it is important that it is kept secure and not taken as by taking a picture or copied onto smartphones or computers.
The device is paired with the Keystone app, which is available on 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 itself is not connected to the internet. This extra layer of security guarantees that the funds are safe even if your smartphone is compromised.
In the end, Keystone’s Keystone product is secure and reliable hardware wallet that offers an easy-to-use air-gapped option. With support for multiple cryptocurrencies as well as an open-source firmware and a user-friendly interface it’s an excellent choice for both institutions and individuals who want to store their Bitcoin offline. The focus of the device is security, reliability, and convenience as well as its one-stop shop for all things crypto, by supporting 9 different coins, 700 tokens, and providing accessibility to the integrated DApp store, makes it a top-notch choice for anyone who is looking to purchase an electronic wallet.