The Keystone device, previously known as Cobo Wallet, is a hardware wallet that is gaining popularity among individuals and institutions who seek safe 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 concentrate on security, reliability, and convenience for its customers.
One of the most important features of the Keystone device is the air-gapped feature meaning that it doesn’t have be connected to any internet-connected device. This extra layer of security ensures that the money is protected from online threats such as hacking or the phishing attack. The device is also open-source this means that the code is publicly accessible for scrutiny and review which further enhances the security of the device. In addition, the device supports various cryptocurrencies, including Bitcoin, Bitcoin Cash, Dash, Ethereum, EOS, Litecoin, Polkadot, Tether, and Tron and a number of ETH, TRON, and EOS digital tokens.
The Keystone gadget is very easy to use, with a large display screen , which lets you easily browse the entire inventory. The hardware of the device is more durable than some of its competitors, ensuring that it lasts for a long time. Furthermore, it has a battery pack that can be removed and this means the battery can be easily replaced if it is exhausted. The device is also equipped with an elegant and user-friendly interface, which makes it accessible to users of any level of experience.
The process of setting up the Keystone device is simple. The device must be turned on, and then the QR code is scan by the camera via the Keystone website to authenticate the device. After that, a password will be created and the terms of service are negotiated to. After this, the 24-word seed phrase is copied onto the seed phrase book or a non-digital material. This seed phrase is crucial for the security of the device therefore it is essential to ensure it’s secure and not taken as in a photo or written on smartphone or computer.
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 to approve and verify transactions, however it is vital to keep in mind that the device doesn’t have an internet connection. This added layer of security guarantees that your funds are secure even if the smartphone is compromised.
In the end it is clear that Keystone is a great choice for storing Bitcoin. Keystone product is 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 is a great option for individuals and institutions looking to keep your Bitcoin offline. The device’s emphasis on security, reliability, and convenience, along with its one-stop shop for everything crypto with support for 9 different currencies with 700 tokens, as well as giving the ability to access an inbuilt DApp store makes it an excellent option for anyone who is in the market for a hardware wallet.