The Keystone device, previously referred to by the name of Cobo Wallet, is a hardware wallet that is gaining popularity among individuals and institutions seeking safe ways to keep their crypto. Founded on the 17th of January 2017 with the help of Discus Fish and Changhao Jiang, Keystone offers a range of products that concentrate on security, reliability, and convenience for its customers.
One of the most important characteristics in the Keystone device is the air-gapped feature, which means that it doesn’t have for an online device. This extra layer of security makes sure that the money is protected from online threats such as hacking or the phishing attack. The device is also open-source, which means that the code is made available for review and scrutiny which further enhances 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 a number of ETH, TRON, and EOS digital tokens.
The Keystone device is also very easy to use, thanks to its large screen that allows users to easily view every asset. The hardware of the device is more durable than its rivals, meaning that it will last a long time. Additionally, the device has a battery pack that can be removed this means that it can be replaced when it runs out. It also features an elegant and user-friendly interface, making it suitable for users of all levels of experience.
The setup process for the Keystone device is simple. The device first needs to be powered 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 set and the terms of service are agreed to. The 24 words seed phrase is then written down on the seed phrase booklet or on a non-digital material. This seed phrase is essential for the security of the device therefore it is crucial to ensure it’s protected and never used to take by taking a picture or copied onto smartphones or computers.
Finally, the device is connected to the Keystone application that is available through the Apple App store or Google Play store. This app acts as an interface for approving and verify transactions, however it is important to note that the device is not connected to the internet. This extra layer of security makes sure that the money is safe even if your smartphone is compromised.
In conclusion we can say that the Keystone gadget is safe and reliable hardware wallet that offers an easy-to-use , air-gapped feature. With support for multiple cryptocurrencies and an open-source firmware and an easy-to-use interface, it’s an excellent choice for individuals and institutions looking to keep the Bitcoin offline. The device’s emphasis on security, reliability, and convenience, along with its one-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 an electronic wallet.