The Keystone device, previously known as Cobo Wallet, is a hardware wallet that is rapidly gaining popularity with institutions and individuals seeking safe ways to keep their crypto. The company was established on the 17th of January 2017 with the help of Discus Fish and Changhao Jiang, Keystone offers a range of products that focus on security along with reliability and comfort for its customers.
One of the most important features that is unique to this Keystone device is the air-gapped feature which means it doesn’t need to connect to an online device. This added layer of security makes sure that the money is protected from online threats such as hacking or fraud. It is also open source this means that the code is made available for review and scrutiny and further enhancing its security. In addition, the device supports various cryptocurrencies, including Bitcoin, Bitcoin Cash, Dash, Ethereum, EOS, Litecoin, Polkadot, Tether and Tron along with a number of ETH, TRON, and EOS digital tokens.
Keystone is a great device for business and leisure. Keystone device is also very easy to use, and has a large screen that allows users to easily view every asset. Its hardware is more durable than some of its competitors, which means that it will last for a long time. Furthermore, it has a battery pack that can be removed this means that the battery can be easily removed when it’s full. It also features a sleek and easy-to-navigate interface, which makes it suitable for users of all experience levels.
The setup process for the Keystone device is easy. The device must be turned on, and then it scans a QR code with the device’s camera on the Keystone website to authenticate the device. After that, a password will be set and the terms of service are negotiated to. The 24-word seed phrase is written down on the seed phrase booklet or on a non-digital material. The seed phrase is vital to the security of the device, therefore it is essential to keep it safe and never taken by taking a picture or copied onto smartphones or computers.
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 to approve and verify transactions, however it is vital to keep in mind that the device doesn’t have an internet connection. This extra layer of security ensures that your funds are secure even if your smartphone is compromised.
In conclusion it is clear that Keystone is a great choice for storing Bitcoin. Keystone device is a safe and reliable hardware wallet that offers an easy-to-use air-gapped option. With support for multiple cryptocurrencies and an open-source firmware and a user-friendly interface it is a great option for institutions and individuals looking to store your Bitcoin offline. The device’s emphasis on security as well as reliability and ease of use, along with its one-stop shop for everything crypto with support for 9 different currencies, 700 tokens, and giving access to an integrated DApp store makes it an outstanding choice for anyone who is looking to purchase hardware wallets.