The Keystone device, previously known by the name of Cobo Wallet, is a hardware wallet that is gaining popularity among individuals and institutions seeking secure 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 as well as reliability and ease of use for its customers.
One of the main characteristics of this Keystone device is the air-gapped feature which means it doesn’t have to connect to an online device. This added layer of security ensures that your money is safe from online threats such as hacking or the phishing attack. It is also open source which means that the code is publicly accessible for scrutiny and review and further enhancing its security. In addition, the device supports various cryptocurrencies, including 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 very easy to use, and has a large display screen that makes it simple to view every asset. The hardware of the device is more durable than its competitors, which means that it will last many years. Furthermore, it has a detachable battery pack and this means it can be replaced if it is exhausted. The device is also equipped with a sleek and easy-to-navigate interface that is usable to all experience levels.
The setup process for the Keystone device is simple. First, the device is 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 established and the conditions of service are negotiated to. After this, the 24-word seed phrase is copied down onto the provided seed phrase booklet or on another non-digital media. This seed phrase is crucial to the device’s security, therefore it is crucial that it is kept protected and never used to take a picture or typed onto smartphones or computers.
Finally, the device is paired with the Keystone application, which is available on the Apple App store or Google Play store. This app acts as an interface for approving and sign transactions. However, it is vital to keep in mind that the device doesn’t have an internet connection. This added layer of security ensures that the money is safe even in the event that the phone is compromised.
In the end we can say that the Keystone device is a safe and reliable hardware wallet that offers an air-gapped solution that is easy to use. With support for a range of cryptocurrency and an open-source firmware and a user-friendly interface it’s an excellent choice for institutions and individuals looking to store the Bitcoin offline. Its focus on security safety, reliability, and comfort as well as its one-stop shop for all things crypto, by supporting 9 different coins as well as 700 tokens and providing accessibility to the integrated DApp store, makes it an outstanding option for anyone who is looking for an electronic wallet.