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 are looking for secure ways to store their cryptocurrencies. Founded in 2017 by Discus Fish and Changhao Jiang, Keystone offers a range of products that are focused on security as well as reliability and ease of use for its customers.
One of the main advantages in the Keystone device is its air-gapped capability meaning that it doesn’t need for an internet-connected device. This added layer of security guarantees that the funds are safe from online threats like hacking or phishing. It is also open source which means that the code is publicly available for review and scrutiny, further increasing the security of the device. In addition, the device supports several cryptocurrencies, such as Bitcoin, Bitcoin Cash, Dash, Ethereum, EOS, Litecoin, Polkadot, Tether and Tron and several ETH, TRON, and EOS digital tokens.
The Keystone product is simple to use, with a large screen that makes it simple to view every asset. The hardware of the device is more durable than some of its competitors, ensuring that it will last a long time. Furthermore, it has a detachable battery pack and this means the battery can be quickly replaced when it runs out. It also features a sleek and easy-to-navigate interface, which makes it accessible to users of all experience levels.
The procedure for setting up the Keystone device is easy. The device must be turned on, and then a QR code is scanned with the device’s camera through the Keystone website to authenticate the device. Then, a password is created and the conditions of service are agreed upon. Following this, the 24-word seed phrase is copied down onto the provided seed phrase booklet or on another non-digital media. The seed phrase is vital to the security of the device, therefore it is essential to ensure it’s safe and never taken a picture or typed onto smartphone or computer.
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 sign transactions, but it is crucial to remember that the device is not connected to the internet. This added layer of security makes sure that your funds are secure even if the smartphone is compromised.
In the end we can say that the Keystone device is a secure and robust hardware wallet that gives an easy-to-use air-gapped option. It supports a variety of cryptocurrencies and an open-source firmware and an easy-to-use interface, it’s a fantastic choice for individuals and institutions looking to store your Bitcoin offline. The device’s emphasis on security safety, reliability, and comfort, along with its one-stop shop for all things crypto, that supports 9 different coins, 700 tokens, and providing access to an integrated DApp store makes it a top-notch option for anyone who is who is looking to purchase hardware wallets.