The Keystone device, formerly known as Cobo Wallet, is a hardware wallet that is growing in recognition among institutions and individuals seeking safe ways to store their cryptocurrency. Founded in the year 2017 by Discus Fish and Changhao Jiang, Keystone offers a range of products that concentrate on security, reliability, and convenience for its customers.
One of the major features of this Keystone device is its air-gapped option meaning that it doesn’t need to connect to an internet-connected device. This added layer of security ensures that the money is protected from online threats such as hacking or phishing. The device is also open-source which means that the source code is accessible for inspection and review, further increasing its security. Furthermore, the device can support several cryptocurrencies, such as Bitcoin, Bitcoin Cash, Dash, Ethereum, EOS, Litecoin, Polkadot, Tether and Tron along with a number of ETH, TRON, and EOS digital tokens.
The Keystone product is easy to use, thanks to its large screen that makes it simple to view all assets. Its hardware is more durable than its rivals, meaning that it lasts for an extended period of time. In addition, the device comes with an unattachable battery and this means it can be replaced if it is exhausted. The device also has a sleek and easy-to-navigate interface that is suitable for users of all experience levels.
The setup process for the Keystone device is straightforward. First, the device is switched on and a QR code is scanned by the camera through the Keystone website to authenticate the device. Then, a password is established and the conditions of service are agreed upon. Following this, the 24 words seed phrase is then written down on the seed phrase booklet or on another non-digital media. The seed phrase is vital for the security of the device therefore it is essential to keep it secure and not taken as a picture or typed onto smartphones or computers.
The device is paired with the Keystone application available in the Apple App store or Google Play store. It acts as an interface to approve and sign transactions. However, it is crucial to remember that the device itself doesn’t have an internet connection. This added layer of security guarantees that your funds are secure even if the smartphone is compromised.
In conclusion, Keystone is a great choice for storing Bitcoin. Keystone device is a safe and robust hardware wallet that gives an easy-to-use air-gapped option. With support for a range of cryptocurrency, an open-source firmware, and a user-friendly interface it is a great option for individuals and institutions looking to keep your Bitcoin offline. Its focus on security safety, reliability, and comfort and its single-stop shop for all things crypto, with support for 9 different currencies with 700 tokens, as well as providing accessibility to the integrated DApp store makes it a top-notch choice for anyone looking for a hardware wallet.