Keystone is a device that Keystone device, previously known as Cobo Wallet, is a hardware wallet that is rapidly gaining popularity with institutions and individuals who are looking for secure ways to keep their crypto. Founded on the 17th of January 2017 by Discus Fish and Changhao Jiang, Keystone offers a range of products that are focused on security along with reliability and comfort for its customers.
One of the major features in the Keystone device is the air-gapped feature which means it doesn’t need be connected to any online device. This extra layer of security makes sure that the money is protected from online threats like hacking or the phishing attack. The device is also open-source which means that the source code is accessible for scrutiny and review and further enhancing its security. Additionally, the device supports multiple cryptocurrencies, including Bitcoin, Bitcoin Cash, Dash, Ethereum, EOS, Litecoin, Polkadot, Tether, and Tron, as well as various ETH, TRON, and EOS digital tokens.
The Keystone product is easy to use, thanks to its large display screen that makes it simple to view the entire inventory. The device’s hardware is also more durable than its competitors, which means that it lasts for many years. Furthermore, it has a detachable battery pack this means that the battery can be easily replaced if it is exhausted. It also features an elegant and user-friendly interface that is usable to all experience levels.
The setup process for the Keystone device is easy. The device must be powered on and then it scans a QR code using the camera of the device on the Keystone website to authenticate the device. Then, a password is established and the terms of service are agreed upon. Following this, the 24 words seed phrase is then copied onto the booklet of seed phrases or a non-digital material. This seed phrase is essential to the device’s security, therefore it is crucial that it is kept safe and never taken in a photo or written on a computer or smartphone.
The device is connected to the Keystone app available in the Apple App store or Google Play store. It acts as an interface to approve and verify transactions, however it is crucial to remember that the device itself doesn’t have an internet connection. This additional layer of security guarantees that your funds are secure even in the event that the phone is compromised.
In the end it is clear that the Keystone product is secure and reliable hardware wallet that offers an air-gapped solution that is easy to use. With support for a range of cryptocurrency and an open-source firmware and a user-friendly interface it is a great option for individuals and institutions looking to store their Bitcoin offline. The device’s emphasis on security, reliability, and convenience as well as its one-stop shop for all things crypto, that supports 9 different coins with 700 tokens, as well as giving the ability to access an inbuilt DApp store, makes it an excellent option for anyone who is looking for an electronic wallet.