The Keystone device, previously known in the past as Cobo Wallet, is a hardware wallet that is gaining popularity with institutions and individuals seeking secure ways to store their cryptocurrencies. It was founded in the year 2017 by 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 major characteristics that is unique to this Keystone device is the air-gapped feature meaning that it doesn’t need for an online device. This extra layer of security makes sure that the money is protected from online threats like hacking or the phishing attack. The device is also open-source which means that the source code is accessible for scrutiny and review and further enhancing its security. Furthermore, the device can support various cryptocurrencies, including Bitcoin, Bitcoin Cash, Dash, Ethereum, EOS, Litecoin, Polkadot, Tether, and Tron, as well as various ETH, TRON, and EOS digital tokens.
The Keystone product is very easy to use, with a large screen that lets you easily browse all assets. The hardware of the device is more durable than some of its competitors, which means that it lasts for a long time. Furthermore, it has a battery pack that can be removed this means that the battery can be quickly replaced if it is exhausted. The device is also equipped with an elegant and user-friendly interface, making it usable to all experience levels.
The setup process for Keystone is simple. The setup process for Keystone device is simple. First, the device is turned on, and then the QR code is scan using the camera of the device on the Keystone website to authenticate the device. Next, a password is created and the conditions of service are agreed upon. After this, the 24 words seed phrase is then copied onto the seed phrase booklet or on an undigital medium. This seed phrase is essential for the security of the device therefore it is essential to keep it secure and not taken as in a photo or written on smartphone or computer.
Additionally, the device is paired with the Keystone app, which is available on the Apple App store or Google Play store. The app serves as an interface that allows users to approve and verify transactions, however it is important to note that the device itself doesn’t have an internet connection. This added layer of security guarantees that your funds are secure even in the event that the phone is compromised.
In conclusion it is clear that the Keystone product is safe and solid hardware wallet that provides an air-gapped solution that is easy to use. With support for multiple cryptocurrencies as well as an open-source firmware and a user-friendly interface it’s an excellent choice for individuals and institutions looking to keep your Bitcoin offline. The device’s emphasis on security safety, reliability, and comfort, along with its one-stop store for all things crypto that supports 9 different coins as well as 700 tokens and offering accessibility to the integrated DApp store, makes it a top-notch option for anyone who is in the market for an electronic wallet.