The Keystone device, previously known as Cobo Wallet, is a hardware wallet that is rapidly gaining popularity with institutions and individuals seeking secure methods to store their cryptocurrency. It was 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 major features that is unique to this Keystone device is the air-gapped feature which means it doesn’t need for an online device. This additional layer of security guarantees that the funds are safe from online threats such as hacking or phishing. The device is also open-source, which means that the code is made accessible for scrutiny and review, further increasing the security of the device. Furthermore, the device can support several cryptocurrencies, such as Bitcoin, Bitcoin Cash, Dash, Ethereum, EOS, Litecoin, Polkadot, Tether and Tron, as well as several ETH, TRON, and EOS digital tokens.
The Keystone product is very easy to use, and has a large display screen that makes it simple to view the entire inventory. Its hardware is more durable than some of its rivals, meaning that it will last for an extended period of time. Furthermore, it has a detachable battery pack, which means that it can be replaced if it is exhausted. The device also has an attractive and simple-to-use interface that is usable to all levels of experience.
The procedure for setting up keystone Keystone device is easy. The device first needs to be turned on, and then the QR code is scan using the camera of the device via the Keystone website to authenticate the device. After that, a password will be created and the conditions of service are agreed upon. The 24-word seed phrase is copied down onto the provided seed phrase book or an undigital medium. This seed phrase is crucial to the security of the device, therefore it is essential to keep it protected and never used to take a picture or typed onto smartphones or computers.
The device is connected to the Keystone app, which is available on the Apple App store or Google Play store. The app serves as an interface for approving and verify transactions, however it is vital to keep in mind that the device itself does not have internet connectivity. This additional layer of security guarantees that the funds are safe even if your smartphone is compromised.
In the end it is clear that Keystone is a great choice for storing Bitcoin. Keystone product is safe and robust hardware wallet that gives an air-gapped solution that is easy to use. With support for a range of cryptocurrency, an open-source firmware, and a user-friendly interface, it’s a fantastic choice for individuals and institutions looking to keep their Bitcoin offline. The focus of the device is security, reliability, and convenience as well as its one-stop store for all things crypto that supports 9 different coins, 700 tokens, and providing the ability to access an inbuilt DApp store makes it a top-notch choice for anyone in the market for hardware wallets.