The Keystone device, previously known as Cobo Wallet, is a hardware wallet that is rapidly gaining popularity with institutions and individuals who seek safe ways to store their cryptocurrency. Founded on the 17th of January 2017 by 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 the Keystone device is its air-gapped option meaning that it doesn’t have to connect to an online device. This added layer of security guarantees that the funds are safe from online threats, such as hacking or fraud. The device is also open-source this means that the source code is accessible for inspection and review, further increasing the security of the device. Additionally, the device supports 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.
Keystone is a great device for business and leisure. Keystone device is also very easy to use, with a large display screen , which makes it simple to view all assets. Its hardware is more durable than its rivals, meaning that it will last many years. Additionally, the device has a detachable battery pack this means that the battery can be quickly removed when it’s full. It also features an attractive and simple-to-use interface that is accessible to users of any level of experience.
The process of setting up the Keystone device is easy. First, the device is powered on and then a QR code is scanned by the camera via the Keystone website to authenticate the device. After that, a password will be established and the terms of service are agreed upon. The 24-word seed phrase is copied down onto the provided seed phrase booklet or on another non-digital media. The seed phrase is vital for the security of the device therefore it is crucial to keep it safe and never taken in a photo or written on smartphones or computers.
Additionally, the device is paired with the Keystone app available in the Apple App store or Google Play store. The app serves as an interface for approving and sign 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 conclusion it is clear that the Keystone product is safe and reliable hardware wallet that offers an air-gapped solution that is easy to use. With support for a range of cryptocurrency as well as an open-source firmware and an easy-to-use interface, it is a great option for institutions and individuals looking to store the Bitcoin offline. Its focus on security as well as reliability and ease of use and its single-stop store for all things crypto with support for 9 different currencies as well as 700 tokens and providing accessibility to the integrated DApp store makes it an excellent choice for anyone in the market for an electronic wallet.