The Keystone device, formerly known as Cobo Wallet, is a hardware wallet that is gaining recognition among institutions and individuals seeking secure ways to keep their crypto. Founded in the year 2017 with the help of 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 advantages in Keystone is that the Keystone device is its air-gapped capability, which means that it doesn’t need to connect to an 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 source code is accessible for inspection and review which further enhances the security of the device. Furthermore, the device can support several cryptocurrencies, such as Bitcoin, Bitcoin Cash, Dash, Ethereum, EOS, Litecoin, Polkadot, Tether, and Tron along with several ETH, TRON, and EOS digital tokens.
The Keystone device is also very easy to use, and has a large screen that allows users to easily view all assets. The device’s hardware is also more durable than its competitors, ensuring that it will last for an extended period of time. Furthermore, it has a detachable battery pack, which means that the battery can be easily replaced when it runs out. It also features an elegant and user-friendly interface, which makes it usable to any level of experience.
The setup process for Keystone is simple. The setup process for Keystone device is simple. The device must be turned on, and then a QR code is scanned with the device’s camera on the Keystone website to authenticate the device. After that, a password will be created and the conditions of service are agreed to. After this, the 24-word seed phrase is copied onto the seed phrase book or another non-digital media. This seed phrase is crucial to the security of the device, therefore it is essential that it is kept safe and never taken in a photo or written on smartphone or computer.
Finally, 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 that allows users to approve and sign transactions, but it is important to note that the device itself doesn’t have an internet connection. This added layer of security ensures that the funds are safe even if the smartphone is compromised.
In the end we can say that the Keystone device is a secure and solid hardware wallet that provides an air-gapped solution that is easy to use. It supports a variety of cryptocurrencies as well as an open-source firmware and an easy-to-use interface, it’s a fantastic choice for individuals and institutions looking to keep your Bitcoin offline. Its focus on security as well as reliability and ease of use, along with its one-stop shop for all things crypto, with support for 9 different currencies with 700 tokens, as well as providing accessibility to the integrated DApp store makes it an outstanding option for anyone who is looking for an electronic wallet.