Keystone is a device that Keystone device, previously referred to by the name of Cobo Wallet, is a hardware wallet that is gaining popularity among individuals and institutions seeking secure methods to keep their crypto. It was founded on the 17th of January 2017 by Discus Fish and Changhao Jiang, Keystone offers a range of products that are focused on security as well as reliability and ease of use for its clients.
One of the most important characteristics in this Keystone device is the air-gapped feature meaning that it doesn’t have to connect to an internet-connected device. This extra layer of security guarantees that the money is protected from online threats like hacking or the phishing attack. It is also open source this means that the code is made accessible for inspection and review, further increasing its security. Furthermore, the device can support multiple cryptocurrencies, including Bitcoin, Bitcoin Cash, Dash, Ethereum, EOS, Litecoin, Polkadot, Tether and Tron, as well as several ETH, TRON, and EOS digital tokens.
The Keystone device is also simple to use, with a large screen that lets you easily browse every asset. The hardware of the device is more durable than its rivals, meaning that it will last for a long time. In addition, the device comes with a detachable battery pack and this means the battery can be easily replaced when it runs out. The device also has an attractive and simple-to-use interface, which makes it suitable for users of all experience levels.
The procedure for setting up the Keystone device is straightforward. The device first needs to be switched on and a QR code is scanned by the camera via the Keystone website to authenticate the device. Then, a password is created and the conditions of service are agreed to. The 24 words seed phrase is then written down on the seed phrase book or an undigital medium. The seed phrase is vital to the security of the device, so it is important to keep it protected and never used to take a picture or typed onto a computer or smartphone.
Additionally, the device is also connected to the Keystone app available in the Apple App store or Google Play store. The app serves as an interface to approve and sign transactions. However, it is vital to keep in mind that the device itself does not have internet connectivity. This extra layer of security makes sure that the money is safe even in the event that the phone is compromised.
In conclusion it is clear that the Keystone device is a secure and solid hardware wallet that provides an easy-to-use , air-gapped feature. With support for a range of cryptocurrency as well as an open-source firmware and a user-friendly interface it’s a fantastic choice for individuals and institutions looking to keep the Bitcoin offline. Its focus on security, reliability, and convenience, along with its one-stop store for all things crypto that supports 9 different coins with 700 tokens, as well as giving the ability to access an inbuilt DApp store makes it a top-notch option for anyone who is looking for a hardware wallet.