The Keystone device, previously known as Cobo Wallet, is a hardware wallet that is rapidly gaining popularity with institutions and individuals who seek secure ways to store their cryptocurrency. It was founded 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 customers.
One of the main advantages in Keystone is that the Keystone device is its air-gapped capability, which means that it does not need be connected to any online device. This additional layer of security ensures that the funds are safe from online threats, such as hacking or the phishing attack. The device is also open-source this means that the source code is accessible for inspection and review, further increasing its security. Furthermore, the device can support multiple cryptocurrencies, including Bitcoin, Bitcoin Cash, Dash, Ethereum, EOS, Litecoin, Polkadot, Tether and Tron and various ETH, TRON, and EOS digital tokens.
The Keystone product is easy to use, with a large display screen that lets you easily browse all assets. Its hardware is more durable than some of its competitors, ensuring that it lasts for a long time. In addition, the device comes with a detachable battery pack, which means that the battery can be easily replaced when it runs out. The device is also equipped with an attractive and simple-to-use interface, making it accessible to users of all experience levels.
The process of setting up Keystone is simple. The setup process for Keystone device is easy. First, the device is switched on and it scans a QR code with the device’s camera on the Keystone website to authenticate the device. Then, a password is set and the terms of service are negotiated to. Following this, the 24 words seed phrase is then copied onto the seed phrase booklet or on a non-digital material. This seed phrase is essential to the device’s security, therefore it is crucial to ensure it’s secure and not taken as by taking a picture or copied onto smartphone or computer.
Finally, the device is connected to the Keystone application available in the Apple App store or Google Play store. This app acts as an interface for approving and verify transactions, however it is crucial to remember that the device itself does not have internet connectivity. This additional layer of security makes sure that the funds are safe even if your smartphone is compromised.
In conclusion, the Keystone product is secure and solid hardware wallet that provides an air-gapped solution that is easy to use. It supports a variety of cryptocurrencies, an open-source firmware, and a user-friendly interface, it’s an excellent choice for institutions and individuals looking to store 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 access to an integrated DApp store, makes it a top-notch option for anyone who is in the market for a hardware wallet.