The Keystone device, previously known as Cobo Wallet, is a hardware wallet that is growing in recognition among institutions and individuals who seek secure ways to store their cryptocurrency. Founded in 2017 by Discus Fish and Changhao Jiang, Keystone offers a range of products that concentrate on security along with reliability and comfort for its customers.
One of the major characteristics of the Keystone device is the air-gapped feature meaning that it doesn’t need to connect to an internet-connected device. This extra layer of security ensures that your money is safe from online threats such as hacking or the phishing attack. It is also open source this means that the code is made accessible for inspection and review which further enhances its security. In addition, the device supports multiple cryptocurrencies, including Bitcoin, Bitcoin Cash, Dash, Ethereum, EOS, Litecoin, Polkadot, Tether, and Tron, as well as a number of ETH, TRON, and EOS digital tokens.
Keystone is a great device for business and leisure. Keystone product is very easy to use, with a large screen that allows users to easily view all assets. Its hardware is more durable than some of its competitors, which means that it will last for many years. Additionally, the device has a battery pack that can be removed, which means that it can be removed when it’s full. The device also has an attractive and simple-to-use interface that is suitable for users of all experience levels.
The procedure for setting up the Keystone device is simple. The device must be powered on and then it scans a QR code by the camera through the Keystone website to authenticate the device. Then, a password is established and the terms of service are agreed upon. The 24-word seed phrase is written down on the seed phrase booklet or on another non-digital media. The seed phrase is vital to the device’s security, therefore it is crucial to keep it secure and not taken as by taking a picture or copied onto smartphones or computers.
The device is connected to the Keystone app available in the Apple App store or Google Play store. The app serves as an interface for approving and verify transactions, however it is vital to keep in mind that the device does not have internet connectivity. This extra layer of security makes sure that the funds are safe even if your smartphone is compromised.
In the end we can say that Keystone is a great choice for storing Bitcoin. Keystone device is a secure and solid hardware wallet that provides an air-gapped solution that is easy to use. With support for multiple cryptocurrencies as well as an open-source firmware and a user-friendly interface it is a great option for both institutions and individuals who want to keep the Bitcoin offline. Its focus on security as well as reliability and ease of use and its single-stop shop for all things crypto, that supports 9 different coins, 700 tokens, and providing access to an integrated DApp store, makes it an outstanding choice for anyone looking for an electronic wallet.