Keystone is a device that Keystone device, formerly known as Cobo Wallet, is a hardware wallet that is rapidly gaining popularity among individuals and institutions who seek secure methods to keep their crypto. It was founded in 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 most important advantages that is unique to Keystone is that the Keystone device is the air-gapped feature which means it does not need be connected to any online device. This extra layer of security ensures that the money is protected from online threats like hacking or the phishing attack. It is also open source which means that the source code is accessible for scrutiny and review which further enhances the security of the device. Furthermore, the device can support various cryptocurrencies, including Bitcoin, Bitcoin Cash, Dash, Ethereum, EOS, Litecoin, Polkadot, Tether and Tron and a number of ETH, TRON, and EOS digital tokens.
The Keystone product is very easy to use, and has a large screen that makes it simple to view every asset. Its hardware is more durable than some of its competitors, which means that it will last many years. Furthermore, it has a detachable battery pack this means that the battery can be quickly removed when it’s full. The device is also equipped with a sleek and easy-to-navigate interface, which makes it usable to all experience levels.
The procedure for setting up Keystone is simple. The setup process for Keystone device is straightforward. The device first needs to be switched on and a QR code is scanned with the device’s camera through the Keystone website to authenticate the device. Next, a password is established and the terms of service are agreed to. After this, the 24 words seed phrase is then copied down onto the provided seed phrase book or another non-digital media. The seed phrase is vital to the device’s security, therefore it is crucial to ensure it’s safe and never taken by taking a picture or copied onto smartphone or computer.
Additionally, the device is paired with the Keystone application available in the Apple App store or Google Play store. It acts as an interface to approve and verify transactions, however it is important to note that the device does not have internet connectivity. This extra layer of security makes sure that the money is safe even in the event that the phone is compromised.
In conclusion, Keystone is a great choice for storing Bitcoin. Keystone product is safe and solid hardware wallet that provides an air-gapped solution that is easy to use. With support for multiple cryptocurrencies, an open-source firmware, and an easy-to-use interface, it is a great option for both institutions and individuals who want to store their Bitcoin offline. The focus of the device is security, reliability, and convenience as well as its one-stop shop for all things crypto, with support for 9 different currencies as well as 700 tokens and giving the ability to access an inbuilt DApp store, makes it an outstanding choice for anyone looking for hardware wallets.