The Keystone device, formerly known in the past as Cobo Wallet, is a hardware wallet that is gaining recognition among institutions and individuals seeking secure methods to store their cryptocurrency. It was founded in the year 2017 with the help of Discus Fish and Changhao Jiang, Keystone offers a range of products that are focused on security, reliability, and convenience for its clients.
One of the most important advantages in the Keystone device is its air-gapped option meaning that it does not need for an online device. This added layer of security makes sure that your money is safe from online threats, such as hacking or phishing. It is also open source this means that the code is made accessible for scrutiny and review which further enhances 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 along with various ETH, TRON, and EOS digital tokens.
The Keystone device is also simple to use, and has a large screen that makes it simple to view every asset. Its hardware is more durable than its competitors, ensuring that it lasts for a long time. In addition, the device comes with a battery pack that can be removed, which means that it can be replaced if it is exhausted. It also features an attractive and simple-to-use interface that is suitable for users of any level of experience.
The setup process for Keystone is simple. The setup process for Keystone device is straightforward. The device first needs to be turned on, and then it scans a QR code with the device’s camera on the Keystone website to authenticate the device. Next, a password is set and the terms of service are agreed upon. The 24 words seed phrase is then written down on the seed phrase booklet or on a non-digital material. This seed phrase is crucial to the security of the device, therefore it is essential that it is kept safe and never taken a picture or typed onto a computer or smartphone.
Additionally, the device is paired with the Keystone application that is available through the Apple App store or Google Play store. This app acts as an interface that allows users to approve and sign transactions. However, it is crucial to remember that the device itself doesn’t have an internet connection. This additional layer of security ensures that your funds are secure even in the event that the phone is compromised.
In the end, Keystone is a great choice for storing Bitcoin. Keystone device is a secure and reliable hardware wallet that offers an easy-to-use air-gapped option. With support for multiple cryptocurrencies as well as an open-source firmware and an easy-to-use interface, it is a great option for individuals and institutions looking to store their Bitcoin offline. Its focus on security, reliability, and convenience as well as its one-stop shop for everything crypto with support for 9 different currencies with 700 tokens, as well as offering the ability to access an inbuilt DApp store makes it an outstanding option for anyone who is who is looking to purchase an electronic wallet.