The Keystone device, formerly known as Cobo Wallet, is a hardware wallet that is rapidly gaining recognition among institutions and individuals who are looking for safe ways to store their cryptocurrencies. Founded in 2017 by Discus Fish and Changhao Jiang, Keystone offers a range of products that are focused on security along with reliability and comfort for its customers.
One of the major characteristics in Keystone is that the Keystone device is the air-gapped feature which means it does not need for an online device. This additional layer of security guarantees that your money is safe from online threats such as hacking or fraud. The device is also open-source this means that the code is made accessible for inspection and review and further enhancing its security. Additionally, the device supports several cryptocurrencies, such as Bitcoin, Bitcoin Cash, Dash, Ethereum, EOS, Litecoin, Polkadot, Tether, and Tron along with several ETH, TRON, and EOS digital tokens.
The Keystone device is also simple to use, thanks to its large screen that lets you easily browse every asset. The hardware of the device is more durable than some of its competitors, ensuring that it will last for an extended period of time. In addition, the device comes with a battery pack that can be removed, which means that the battery can be quickly removed when it’s full. The device also has an attractive and simple-to-use interface that is accessible to users of all experience levels.
The process of setting up the Keystone device is easy. The device first needs to be powered on and then it scans a QR code using the camera of the device through the Keystone website to authenticate the device. Next, a password is set and the conditions of service are agreed to. Following this, the 24 words seed phrase is then copied onto the seed phrase booklet or on another non-digital media. This seed phrase is essential 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 connected to the Keystone application that is available through 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 itself does not have internet connectivity. This extra layer of security guarantees that your funds are secure even if the smartphone is compromised.
In the end we can say that Keystone is a great choice for storing Bitcoin. Keystone product is secure and solid hardware wallet that provides an easy-to-use , air-gapped feature. It supports a variety of cryptocurrencies and an open-source firmware and a user-friendly interface it’s a fantastic choice for individuals and institutions looking to store their Bitcoin offline. Its focus on security, reliability, and convenience, along with its one-stop shop for everything crypto with support for 9 different currencies with 700 tokens, as well as giving the ability to access an inbuilt DApp store makes it an excellent choice for anyone who is looking to purchase hardware wallets.