The Keystone device, previously known by the name of Cobo Wallet, is a hardware wallet that is gaining popularity with institutions and individuals who seek safe ways to store their cryptocurrency. It was founded in the year 2017 in 2017 by Discus Fish and Changhao Jiang, Keystone offers a range of products that concentrate on security along with reliability and comfort for its clients.
One of the main characteristics in this Keystone device is its air-gapped capability, which means that it doesn’t have to connect to an online device. This additional layer of security makes sure that the funds are safe from online threats such as hacking or the phishing attack. The device is also open-source this means that the source code is available for review and scrutiny, further increasing the security of the device. Additionally, the device supports multiple cryptocurrencies, including Bitcoin, Bitcoin Cash, Dash, Ethereum, EOS, Litecoin, Polkadot, Tether, and Tron and several ETH, TRON, and EOS digital tokens.
The Keystone gadget is very easy to use, thanks to its large screen that lets you easily browse all assets. The hardware of the device is more durable than some of its rivals, meaning that it lasts for many years. Additionally, the device has a detachable battery pack and this means the battery can be easily replaced if it is exhausted. It also features an attractive and simple-to-use interface, making it usable to all levels of experience.
The process of setting up the Keystone device is simple. First, the device is switched on and it scans a QR code using the camera of the device on the Keystone website to authenticate the device. Next, a password is set and the conditions of service are agreed to. The 24-word seed phrase is copied down onto the provided seed phrase booklet or on an undigital medium. The seed phrase is vital to the device’s security, therefore it is crucial that it is kept protected and never used to take in a photo or written on smartphones or computers.
The device is paired with the Keystone app available in the Apple App store or Google Play store. It acts as an interface that allows users to approve and sign transactions, but it is important to note that the device itself is not connected to the internet. This additional layer of security guarantees that your funds are secure even if your smartphone is compromised.
In the end it is clear that the Keystone product is secure and robust hardware wallet that gives an air-gapped solution that is easy to use. It supports a variety of cryptocurrencies, an open-source firmware, and an easy-to-use interface, it is a great option for both institutions and individuals who want to keep the Bitcoin offline. Its focus on security as well as reliability and ease of use and its single-stop store for all things crypto that supports 9 different coins, 700 tokens, and offering the ability to access an inbuilt DApp store makes it a top-notch option for anyone who is in the market for an electronic wallet.