The Keystone device, previously referred to by the name of Cobo Wallet, is a hardware wallet that is gaining recognition among institutions and individuals seeking secure ways to keep their crypto. The company was established in the year 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 advantages in the Keystone device is its air-gapped capability, which means that it does not need for an internet-connected device. This added layer of security makes sure that the money is protected from online threats like hacking or phishing. It is also open source this means that the code is publicly accessible for inspection and review, further increasing the security of the device. Furthermore, the device can support various cryptocurrencies, including Bitcoin, Bitcoin Cash, Dash, Ethereum, EOS, Litecoin, Polkadot, Tether, and Tron along with various ETH, TRON, and EOS digital tokens.
The Keystone device is also easy to use, with a large screen that makes it simple to view every asset. 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 and this means it can be replaced if it is exhausted. It also features a sleek and easy-to-navigate interface that is suitable for users of all experience levels.
The procedure for setting up keystone Keystone device is easy. The device must be turned on, and then it scans a QR code using the camera of the device via the Keystone website to authenticate the device. Then, a password is established and the conditions of service are agreed to. Following this, the 24 words seed phrase is then copied onto the seed phrase book or another non-digital media. This seed phrase is essential to the security of the device, therefore it is essential that it is kept secure and not taken as a picture or typed onto a computer or smartphone.
Additionally, the device is also connected to the Keystone application available in the Apple App store or Google Play store. This app acts as an interface for approving and verify transactions, however it is vital to keep in mind that the device does not have internet connectivity. This extra layer of security ensures that your funds are secure even if the smartphone is compromised.
In the end, the Keystone device is a safe and robust hardware wallet that gives an air-gapped solution that is easy to use. With support for a range of cryptocurrency and an open-source firmware and a user-friendly interface it is a great option for individuals and institutions looking to keep the Bitcoin offline. The focus of the device is security as well as reliability and ease of use, along with its one-stop shop for everything crypto with support for 9 different currencies as well as 700 tokens and offering access to an integrated DApp store makes it an outstanding choice for anyone looking for an electronic wallet.