Keystone is a device that Keystone device, previously referred to as Cobo Wallet, is a hardware wallet that is growing in popularity with institutions and individuals who seek secure ways to store their cryptocurrencies. The company was established in 2017 by Discus Fish and Changhao Jiang, Keystone offers a range of products that focus on security along with reliability and comfort for its clients.
One of the most important characteristics of the Keystone device is its air-gapped capability meaning that it doesn’t need for an internet-connected device. This additional layer of security makes sure that the funds are safe from online threats, such as hacking or phishing. It is also open source this means that the source code is accessible for scrutiny and review, further increasing the security of the device. In addition, the device supports various 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, and has a large display screen , which allows users to easily view all assets. The hardware of the device is more durable than some of its competitors, ensuring that it will last 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 that is usable to all experience levels.
The procedure for setting up Keystone is simple. The setup process for Keystone device is straightforward. The device must be turned on, and then a QR code is scanned by the camera on the Keystone website to authenticate the device. Then, a password is created and the terms of service are agreed to. Following this, the 24 words seed phrase is then copied down onto the provided seed phrase booklet or on another non-digital media. This seed phrase is essential for the security of the device therefore it is essential to keep it 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. This app acts as an interface that allows users to approve and verify transactions, however it is crucial to remember that the device itself doesn’t have an internet connection. This added layer of security ensures that the money is safe even if the smartphone is compromised.
In the end, the Keystone product is secure and reliable hardware wallet that offers an easy-to-use air-gapped option. With support for multiple cryptocurrencies, an open-source firmware, and a user-friendly interface, it’s an excellent choice for both institutions and individuals who want to keep their Bitcoin offline. Its focus on security safety, reliability, and comfort and its single-stop shop for all things crypto, with support for 9 different currencies as well as 700 tokens and providing accessibility to the integrated DApp store, makes it a top-notch option for anyone who is looking for a hardware wallet.