The Keystone device, previously known as Cobo Wallet, is a hardware wallet that is growing in popularity with institutions and individuals seeking secure methods to store their cryptocurrencies. 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 clients.
One of the major characteristics of this Keystone device is its air-gapped option, which means that it does not need to connect to an internet-connected device. This added layer of security makes sure that the funds are safe from online threats, such as hacking or phishing. The device is also open-source this means that the code is made accessible for inspection and review and further enhancing the security of the device. In addition, the device supports several cryptocurrencies, such as Bitcoin, Bitcoin Cash, Dash, Ethereum, EOS, Litecoin, Polkadot, Tether, and Tron, as well as several ETH, TRON, and EOS digital tokens.
The Keystone device is also simple to use, thanks to its large screen that lets you easily browse the entire inventory. Its hardware is more durable than some of its competitors, which means that it will last many years. In addition, the device comes with a detachable battery pack this means that the battery can be easily replaced if it is exhausted. It also features a sleek and easy-to-navigate interface, which makes it accessible to users of any level of experience.
The process of setting up Keystone is simple. The setup process for Keystone device is straightforward. First, the device is switched on and a QR code is scanned with the device’s camera through the Keystone website to authenticate the device. After that, a password will be created and the terms of service are agreed upon. Following this, the 24 words seed phrase is then written down on the seed phrase book or a non-digital material. This seed phrase is essential for the security of the device therefore it is essential to ensure it’s safe and never taken by taking a picture or copied onto a computer or smartphone.
Additionally, the device is paired with the Keystone application available in the Apple App store or Google Play store. This app acts as an interface that allows users to approve and sign transactions, but it is crucial to remember that the device itself does not have internet connectivity. This extra layer of security guarantees that your funds are secure even if the smartphone is compromised.
In the end, Keystone’s Keystone gadget is secure and solid hardware wallet that provides an easy-to-use air-gapped option. It supports a variety of cryptocurrencies and an open-source firmware and a user-friendly interface it’s an excellent choice for both institutions and individuals who want to keep their Bitcoin offline. The focus of the device is security, reliability, and convenience as well as its one-stop shop for everything crypto with support for 9 different currencies with 700 tokens, as well as giving access to an integrated DApp store makes it an excellent choice for anyone in the market for an electronic wallet.