The Keystone device, previously known as Cobo Wallet, is a hardware wallet that is growing in popularity among individuals and institutions who are looking for secure methods to store their cryptocurrencies. Founded in the year 2017 with the help of Discus Fish and Changhao Jiang, Keystone offers a range of products that focus on security, reliability, and convenience for its clients.
One of the most important characteristics of this Keystone device is the air-gapped feature which means it does not need be connected to any internet-connected device. This additional layer of security ensures that your money is safe from online threats like hacking or phishing. The device is also open-source which means that the source code is available for review and scrutiny, further increasing its security. Furthermore, the device can support several cryptocurrencies, such as Bitcoin, Bitcoin Cash, Dash, Ethereum, EOS, Litecoin, Polkadot, Tether, and Tron along with various ETH, TRON, and EOS digital tokens.
The Keystone device is also very easy to use, and has a large display screen , which allows users to easily view the entire inventory. Its hardware is more durable than some of its rivals, meaning that it will last a long time. In addition, the device comes with a battery pack that can be removed and this means the battery can be easily replaced when it runs out. The device is also equipped with an attractive and simple-to-use interface, which makes it accessible to users of all levels of experience.
The process of setting up Keystone is simple. The setup process for Keystone device is easy. The device must be turned on, and then it scans a QR code with the device’s camera on the Keystone website to authenticate the device. Then, a password is established and the conditions of service are negotiated to. After this, the 24-word seed phrase is written down on the booklet of seed phrases or an undigital medium. This seed phrase is essential to the device’s security, therefore it is essential that it is kept secure and not taken as a picture or typed onto smartphone or computer.
The device is paired with the Keystone app, which is available on the Apple App store or Google Play store. It acts as an interface that allows users to approve and verify transactions, however it is crucial to remember that the device is not connected to the internet. This extra layer of security ensures that the funds are safe even if your smartphone is compromised.
In conclusion, the Keystone device is a secure and solid hardware wallet that provides an easy-to-use , air-gapped feature. It supports a variety of cryptocurrencies, an open-source firmware, and an easy-to-use interface, it’s an excellent choice for institutions and individuals looking to keep the Bitcoin offline. The device’s emphasis on security as well as reliability and ease of use and its single-stop shop for all things crypto, that supports 9 different coins as well as 700 tokens and providing the ability to access an inbuilt DApp store makes it an outstanding choice for anyone looking for a hardware wallet.