Keystone is a device that Keystone device, previously referred to in the past 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 with the help of Discus Fish and Changhao Jiang, Keystone offers a range of products that concentrate on security as well as reliability and ease of use for its clients.
One of the main advantages that is unique to this Keystone device is its air-gapped option meaning that it doesn’t need for an internet-connected device. This extra layer of security guarantees that your money is safe from online threats such as hacking or the phishing attack. It is also open source which means that the source code is available for review and scrutiny and further enhancing its security. In addition, the device supports multiple cryptocurrencies, including Bitcoin, Bitcoin Cash, Dash, Ethereum, EOS, Litecoin, Polkadot, Tether and Tron along with several ETH, TRON, and EOS digital tokens.
The Keystone product is easy to use, and has a large screen that lets you easily browse the entire inventory. Its hardware is more durable than some of its rivals, meaning that it will last a long time. In addition, the device comes with an unattachable battery, which means that the battery can be quickly replaced if it is exhausted. It also features an elegant and user-friendly interface, which makes it suitable for users of all levels of experience.
The process of setting up Keystone is simple. The setup process for Keystone device is simple. The device first needs to be turned on, and then a QR code is scanned by the camera on the Keystone website to authenticate the device. Then, a password is established and the conditions of service are agreed upon. The 24-word seed phrase is copied down onto the provided seed phrase booklet or on a non-digital material. This seed phrase is crucial to the device’s security, so it is important to keep it secure and not taken as in a photo or written on smartphone or computer.
Additionally, the device is paired with the Keystone app available in the Apple App store or Google Play store. It acts as an interface for approving and verify transactions, however it is vital to keep in mind that the device is not connected to the internet. This additional layer of security ensures that your funds are secure even if your smartphone is compromised.
In the end, the Keystone device is a safe and reliable hardware wallet that offers an air-gapped solution that is easy to use. It supports a variety of cryptocurrencies and an open-source firmware and a user-friendly interface it is a great option for both institutions and individuals who want to store the Bitcoin offline. The focus of the device is security, reliability, and convenience and its single-stop shop for everything crypto by supporting 9 different coins with 700 tokens, as well as providing accessibility to the integrated DApp store makes it an excellent option for anyone who is in the market for a hardware wallet.