Keystone is a device that Keystone device, previously known in the past as Cobo Wallet, is a hardware wallet that is growing in popularity with institutions and individuals who seek secure methods to store their cryptocurrency. The company was established on the 17th of January 2017 in 2017 by Discus Fish and Changhao Jiang, Keystone offers a range of products that concentrate on security, reliability, and convenience for its clients.
One of the major characteristics of the Keystone device is its air-gapped option meaning that it does not need be connected to any online device. This added layer of security makes sure that your money is safe from online threats, such as hacking or phishing. It is also open source this means that the code is made available for review and scrutiny and further enhancing its security. Additionally, the device supports several cryptocurrencies, such as Bitcoin, Bitcoin Cash, Dash, Ethereum, EOS, Litecoin, Polkadot, Tether, and Tron, as well as several ETH, TRON, and EOS digital tokens.
The Keystone device is also very easy to use, with a large screen that makes it simple to view every asset. Its hardware is more durable than some of its competitors, which means that it lasts for many years. In addition, the device comes with a detachable battery pack and this means the battery can be easily removed when it’s full. The device also has a sleek and easy-to-navigate interface, which makes it suitable for users of all experience levels.
The procedure for setting up keystone Keystone device is straightforward. First, the device is powered on and then the QR code is scan with the device’s camera via the Keystone website to authenticate the device. After that, a password will be set and the terms of service are agreed to. The 24 words seed phrase is then copied onto the booklet of seed phrases or a non-digital material. This seed phrase is essential to the device’s security, therefore it is essential to ensure it’s protected and never used to take in a photo or written on a computer or smartphone.
The device is paired with the Keystone application, which is available on the Apple App store or Google Play store. It acts as an interface for approving and sign transactions. However, it is important to note that the device itself is not connected to the internet. This additional layer of security ensures that the money is safe even if the 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 a range of cryptocurrency as well as an open-source firmware and an easy-to-use interface, it’s a fantastic choice for individuals and institutions looking to store their Bitcoin offline. The focus of the device is security, reliability, and convenience and its single-stop shop for all things crypto, that supports 9 different coins, 700 tokens, and offering the ability to access an inbuilt DApp store, makes it an excellent choice for anyone who is looking to purchase an electronic wallet.