The Keystone device, previously known in the past as Cobo Wallet, is a hardware wallet that is growing in recognition among institutions and individuals seeking secure ways to store their cryptocurrency. The company was established on the 17th of January 2017 in 2017 by Discus Fish and Changhao Jiang, Keystone offers a range of products that concentrate on security, reliability, and convenience for its clients.
One of the main advantages that is unique to this Keystone device is the air-gapped feature meaning that it doesn’t need to connect to an online device. This additional layer of security guarantees that your money is safe from online threats such as hacking or fraud. It is also open source which means that the code is made accessible for inspection and review which further enhances the security of the device. Furthermore, the device can support various cryptocurrencies, including Bitcoin, Bitcoin Cash, Dash, Ethereum, EOS, Litecoin, Polkadot, Tether, and Tron, as well as a number of ETH, TRON, and EOS digital tokens.
The Keystone gadget is very easy to use, thanks to its large display screen , which allows users to easily view every asset. The hardware of the device is more durable than its competitors, ensuring that it will last many years. Additionally, the device has a detachable battery pack and this means the battery can be quickly replaced if it is exhausted. The device also has an elegant and user-friendly interface that is suitable for users of all levels of experience.
The process of setting up Keystone is simple. The setup process for Keystone device is simple. The device first needs to be switched on and it scans a QR code using the camera of the device via the Keystone website to authenticate the device. After that, a password will be established and the conditions of service are negotiated to. After this, the 24-word seed phrase is copied down onto the provided seed phrase book or a non-digital material. This seed phrase is essential to the device’s security, therefore it is essential that it is kept secure and not taken as in a photo or written on a computer or smartphone.
Finally, the device is paired with the Keystone application available in the Apple App store or Google Play store. The app serves as an interface to approve and sign transactions. However, it is vital to keep in mind that the device doesn’t have an internet connection. This additional layer of security guarantees that your funds are secure even if the smartphone is compromised.
In the end, Keystone’s Keystone device is a secure and reliable hardware wallet that offers an easy-to-use , air-gapped feature. With support for a range of cryptocurrency and 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 and its single-stop store for all things crypto with support for 9 different currencies as well as 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.