Keystone is a device that Keystone device, previously known as Cobo Wallet, is a hardware wallet that is growing in recognition among institutions and individuals who seek secure ways 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 clients.
One of the major features that is unique to Keystone is that the Keystone device is its air-gapped option meaning that it doesn’t have for an online device. This added layer of security makes sure 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 accessible for inspection 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 along with several ETH, TRON, and EOS digital tokens.
The Keystone product is very easy to use, and has a large screen that makes it simple to view the entire inventory. Its hardware is more durable than its competitors, ensuring that it will last for an extended period of time. Additionally, the device has a detachable battery pack, which means that the battery can be easily replaced when it runs out. It also features an attractive and simple-to-use interface that is suitable for users of any level of experience.
The setup process for the Keystone device is easy. The device must be powered on and then the QR code is scan with the device’s camera on the Keystone website to authenticate the device. After that, a password will be established and the conditions of service are agreed to. The 24-word seed phrase is copied onto the seed phrase booklet or on another non-digital media. This seed phrase is crucial for the security of the device therefore it is essential to keep it protected and never used to take in a photo or written on a computer or smartphone.
Additionally, the device is also connected to the Keystone application that is available through the Apple App store or Google Play store. The app serves as an interface for approving and sign transactions, but it is crucial to remember that the device itself is not connected to the internet. This additional layer of security ensures that the money is safe even if the smartphone is compromised.
In the end it is clear that Keystone’s Keystone device is a safe 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 a user-friendly interface, it’s an excellent choice for individuals and institutions looking to keep the Bitcoin offline. The focus of the device is security, reliability, and convenience, along with its one-stop shop for everything crypto with support for 9 different currencies, 700 tokens, and providing the ability to access an inbuilt DApp store makes it an excellent choice for anyone in the market for hardware wallets.