Keystone is a device that Keystone device, formerly known by the name of Cobo Wallet, is a hardware wallet that is rapidly gaining popularity with institutions and individuals seeking safe ways to store their cryptocurrencies. It was founded on the 17th of January 2017 by Discus Fish and Changhao Jiang, Keystone offers a range of products that concentrate on security as well as reliability and ease of use for its clients.
One of the most important features of this Keystone device is the air-gapped feature meaning that it doesn’t need to connect to an online device. This extra layer of security guarantees that the funds are safe from online threats, such as hacking or the phishing attack. It is also open source, which means that the code is publicly available for review and scrutiny and further enhancing 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 along with various ETH, TRON, and EOS digital tokens.
The Keystone gadget is simple to use, thanks to its large display screen that makes it simple to view all assets. The hardware of the device is more durable than some of its competitors, which means that it lasts for many years. Additionally, the device has a battery pack that can be removed, which means that the battery can be easily replaced when it runs out. The device is also equipped with an elegant and user-friendly interface, making it suitable for users of any level of experience.
The process of setting up the Keystone device is easy. The device must be switched on and it scans a QR code with the device’s camera through the Keystone website to authenticate the device. Next, a password is set and the terms of service are agreed upon. The 24 words seed phrase is then copied onto the seed phrase booklet or on an undigital medium. This seed phrase is crucial to the device’s security, therefore it is crucial that it is kept safe and never taken by taking a picture or copied onto smartphone or computer.
Additionally, the device is also connected to the Keystone app that is available through the Apple App store or Google Play store. The app serves as an interface for approving and verify transactions, however it is important to note that the device itself is not connected to the internet. This extra layer of security makes sure that the funds are safe even in the event that the phone is compromised.
In conclusion it is clear that Keystone is a great choice for storing Bitcoin. Keystone device is a secure and solid hardware wallet that provides an air-gapped solution that is easy to use. With support for a range of cryptocurrency as well as an open-source firmware and an easy-to-use interface, it is a great option for both institutions and individuals who want to store the Bitcoin offline. The device’s emphasis on security safety, reliability, and comfort as well as its one-stop shop for everything 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 who is looking to purchase a hardware wallet.