The Keystone device, previously known in the past as Cobo Wallet, is a hardware wallet that is gaining popularity among individuals and institutions who seek secure ways to store their cryptocurrency. The company was established in the year 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 most important features that is unique to this Keystone device is its air-gapped option meaning that it doesn’t have be connected to any internet-connected device. This added layer of security ensures that your money is safe from online threats like hacking or fraud. The device is also open-source, which means that the code is made available for review and scrutiny, further increasing its security. Furthermore, the device can support 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 simple to use, thanks to its large display screen that makes it simple to view every asset. The device’s hardware is also more durable than its competitors, ensuring that it will last for many years. In addition, the device comes with a detachable battery pack and this means it can be removed when it’s full. The device is also equipped with a sleek and easy-to-navigate interface that is suitable for users of all experience levels.
The procedure for setting up keystone Keystone device is simple. First, the device is powered on and then it scans a QR code by the camera on the Keystone website to authenticate the device. Then, a password is created and the conditions of service are negotiated to. Following this, the 24 words seed phrase is then copied down onto the provided booklet of seed phrases or a non-digital material. This seed phrase is crucial to the security of the device, so it is important to ensure it’s secure and not taken as a picture or typed onto a computer or smartphone.
Additionally, the device is connected to the Keystone app that is available through the Apple App store or Google Play store. This app acts as an interface for approving and sign transactions. However, it is crucial to remember that the device itself doesn’t have an internet connection. This added layer of security guarantees that the money is safe even if the smartphone is compromised.
In conclusion we can say that the Keystone device is a secure and solid hardware wallet that provides an air-gapped solution that is easy to use. It supports a variety of cryptocurrencies, an open-source firmware, and a user-friendly interface, it is a great option for institutions and individuals looking to keep their Bitcoin offline. The device’s emphasis on security as well as reliability and ease of use, along with its one-stop store for all things crypto that supports 9 different coins, 700 tokens, and offering access to an integrated DApp store makes it a top-notch option for anyone who is looking for hardware wallets.