The Keystone device, previously referred to in the past as Cobo Wallet, is a hardware wallet that is growing in popularity with institutions and individuals who are looking for secure ways to store their cryptocurrencies. It was founded in the year 2017 by Discus Fish and Changhao Jiang, Keystone offers a range of products that are focused on security along with reliability and comfort for its customers.
One of the most important features of the Keystone device is its air-gapped capability, which means that it doesn’t have to connect to an online device. This extra layer of security makes sure that the money is protected 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, further increasing the security of the device. Additionally, 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 product is simple to use, thanks to its large display screen that allows users to easily view the entire inventory. The hardware of the device is more durable than some of its competitors, ensuring that it will last many years. Additionally, the device has an unattachable battery, which means that it can be removed when it’s full. It also features a sleek and easy-to-navigate interface that is usable to any level of experience.
The process of setting up keystone Keystone device is straightforward. First, the device is turned on, and then it scans a QR code by the camera via the Keystone website to authenticate the device. Then, a password is created and the terms of service are agreed upon. Following this, the 24-word seed phrase is copied onto the seed phrase booklet or on an undigital medium. The seed phrase is vital for the security of the device therefore it is essential to keep it protected and never used to take by taking a picture or copied onto a computer or smartphone.
Additionally, the device is connected to the Keystone application, which is available on the Apple App store or Google Play store. The app serves as an interface to approve and sign transactions, but it is vital to keep in mind that the device itself doesn’t have an internet connection. This extra layer of security makes sure that the money is safe even in the event that the phone is compromised.
In the end, Keystone’s Keystone product is secure and reliable hardware wallet that offers an air-gapped solution that is easy to use. With support for multiple cryptocurrencies and an open-source firmware and a user-friendly interface, it is a great option for both institutions and individuals who want to store their Bitcoin offline. The device’s emphasis on security safety, reliability, and comfort and its single-stop store for all things crypto by supporting 9 different coins with 700 tokens, as well as providing accessibility to the integrated DApp store, makes it a top-notch option for anyone who is looking for hardware wallets.