The Keystone device, formerly known by the name of Cobo Wallet, is a hardware wallet that is gaining recognition among institutions and individuals who seek secure methods to store their cryptocurrencies. It was founded on the 17th of January 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 major features in the Keystone device is the air-gapped feature, which means that it does not need to connect to an online device. This added layer of security makes sure that the money is protected from online threats such as hacking or fraud. It is also open source, which means that the code is made available for review and scrutiny, further increasing 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 and various ETH, TRON, and EOS digital tokens.
The Keystone device is also simple to use, with a large display screen that lets you easily browse the entire inventory. Its hardware is more durable than some of its rivals, meaning that it lasts for an extended period of time. In addition, the device comes with a battery pack that can be removed, which means that the battery can be quickly removed when it’s full. The device is also equipped with an attractive and simple-to-use interface, which makes it usable to all experience levels.
The procedure for setting up the Keystone device is straightforward. The device must be turned on, and then it scans a QR code using the camera of the device on the Keystone website to authenticate the device. After that, a password will be created and the conditions of service are agreed to. Following this, the 24 words seed phrase is then copied onto the seed phrase book or an undigital medium. This seed phrase is essential to the security of the device, therefore it is essential to keep it safe and never taken a picture or typed onto a computer or smartphone.
Finally, the device is connected to the Keystone app available in the Apple App store or Google Play store. It acts as an interface to approve and verify transactions, however it is crucial to remember that the device itself is not connected to the internet. This added layer of security ensures that the money is safe even if your smartphone is compromised.
In conclusion we can say that the Keystone gadget is secure and robust hardware wallet that gives an air-gapped solution that is easy to use. With support for a range of cryptocurrency and an open-source firmware and an easy-to-use interface, it’s an excellent choice for both institutions and individuals who want to store their Bitcoin offline. The device’s emphasis on security, reliability, and convenience 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 a top-notch choice for anyone looking for a hardware wallet.