The Keystone device, previously known by the name of Cobo Wallet, is a hardware wallet that is rapidly gaining popularity with institutions and individuals who seek secure methods to store their cryptocurrency. Founded in the year 2017 by Discus Fish and Changhao Jiang, Keystone offers a range of products that focus on security along with reliability and comfort for its customers.
One of the main characteristics that is unique to Keystone is that the Keystone device is its air-gapped capability which means it doesn’t have for an online device. This extra layer of security makes sure that your money is safe from online threats, such as hacking or the phishing attack. It is also open source this means that the source code is available for review and scrutiny and further enhancing the security of the device. Additionally, the device supports multiple cryptocurrencies, including Bitcoin, Bitcoin Cash, Dash, Ethereum, EOS, Litecoin, Polkadot, Tether and Tron along with various ETH, TRON, and EOS digital tokens.
The Keystone product is easy to use, and has a large display screen that lets you easily browse every asset. Its hardware is more durable than its competitors, ensuring that it will last for many years. Furthermore, it has a battery pack that can be removed, which means that the battery can be quickly replaced when it runs out. The device also has an attractive and simple-to-use interface that is suitable for users of all levels of experience.
The process of setting up Keystone is simple. The setup process for Keystone device is straightforward. First, the device is turned on, and then a QR code is scanned using the camera of the device through the Keystone website to authenticate the device. Then, a password is created and the conditions of service are negotiated to. Following this, the 24 words seed phrase is then copied down onto the provided booklet of seed phrases or another non-digital media. This seed phrase is crucial for the security of the device so it is important to ensure it’s secure and not taken as a picture or typed onto a computer or smartphone.
Finally, the device is connected to the Keystone application that is available through the Apple App store or Google Play store. It acts as an interface that allows users to approve and sign transactions, but it is important to note that the device does not have internet connectivity. This extra layer of security makes sure that your funds are secure even if the smartphone is compromised.
In the end it is clear that Keystone is a great choice for storing Bitcoin. Keystone device is a safe and robust hardware wallet that gives an air-gapped solution that is easy to use. 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 the Bitcoin offline. The device’s emphasis on security as well as reliability and ease of use as well as its one-stop store for all things crypto that supports 9 different coins as well as 700 tokens and offering accessibility to the integrated DApp store makes it an outstanding choice for anyone in the market for an electronic wallet.