The Keystone device, formerly known by the name of Cobo Wallet, is a hardware wallet that is growing in popularity with institutions and individuals seeking secure ways to store their cryptocurrencies. Founded in 2017 by Discus Fish and Changhao Jiang, Keystone offers a range of products that focus on security, reliability, and convenience for its customers.
One of the major advantages in this Keystone device is its air-gapped capability meaning that it doesn’t need be connected to any internet-connected device. This added layer of security guarantees that your money is safe from online threats, such as hacking or fraud. The device is also open-source this means that the code is publicly accessible for scrutiny and review and further enhancing its security. In addition, the device supports several cryptocurrencies, such as Bitcoin, Bitcoin Cash, Dash, Ethereum, EOS, Litecoin, Polkadot, Tether and Tron and a number of ETH, TRON, and EOS digital tokens.
Keystone is a great device for business and leisure. Keystone product is simple to use, and has a large screen that lets you easily browse every asset. Its hardware is more durable than some of its competitors, ensuring that it will last for many years. Furthermore, it has an unattachable battery and this means the battery can be easily replaced if it is exhausted. The device is also equipped with an elegant and user-friendly interface that is suitable for users of any level of experience.
The procedure for setting up keystone Keystone device is simple. The device must be turned on, and then a QR code is scanned by the camera via the Keystone website to authenticate the device. Next, a password is set and the conditions of service are agreed to. Following this, the 24-word seed phrase is copied down onto the provided seed phrase booklet or on a non-digital material. The seed phrase is vital to the device’s security, therefore it is essential to keep it secure and not taken as by taking a picture or copied onto smartphone or computer.
The device is connected to 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 sign transactions, but it is vital to keep in mind that the device itself does not have internet connectivity. This additional layer of security ensures that the money is safe even in the event that the phone is compromised.
In conclusion we can say that Keystone’s Keystone device is a safe and reliable hardware wallet that offers an air-gapped solution that is easy to use. With support for multiple cryptocurrencies, an open-source firmware, and a user-friendly interface, it’s an excellent choice for institutions and individuals looking to keep your Bitcoin offline. The device’s emphasis on security safety, reliability, and comfort as well as its one-stop shop for everything crypto by supporting 9 different coins as well as 700 tokens and providing the ability to access an inbuilt DApp store, makes it a top-notch choice for anyone who is looking to purchase a hardware wallet.