The Keystone device, formerly known as Cobo Wallet, is a hardware wallet that is rapidly gaining popularity with institutions and individuals who are looking for safe ways to store their cryptocurrency. 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 clients.
One of the main advantages in Keystone is that the Keystone device is its air-gapped option which means it does not need for an online device. This additional layer of security guarantees that your money is safe from online threats, such as hacking or phishing. It is also open source which means that the code is made accessible for scrutiny and review which further enhances its security. Additionally, the device supports several cryptocurrencies, such as Bitcoin, Bitcoin Cash, Dash, Ethereum, EOS, Litecoin, Polkadot, Tether and Tron along with several ETH, TRON, and EOS digital tokens.
The Keystone product is easy to use, and has a large display screen that allows users to easily view the entire inventory. The hardware of the device is more durable than its rivals, meaning that it will last for an extended period of time. In addition, the device comes with a detachable battery pack and this means the battery can be quickly removed when it’s full. The device also has an attractive and simple-to-use interface, making it accessible to users of any level of experience.
The procedure for setting up keystone Keystone device is straightforward. First, the device is powered on and then it scans a QR code by the camera on the Keystone website to authenticate the device. Then, a password is established and the conditions of service are agreed upon. After this, the 24 words seed phrase is then copied down onto the provided seed phrase booklet or on an undigital medium. The seed phrase is vital to the security of the device, therefore it is crucial to keep it safe and never taken in a photo or written on smartphones or computers.
Finally, the device is also connected to the Keystone app that is available through the Apple App store or Google Play store. This app acts as an interface to approve 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 ensures that your funds are secure even if your smartphone is compromised.
In the end, Keystone’s Keystone product is secure and robust hardware wallet that gives an easy-to-use air-gapped option. With support for a range of cryptocurrency and an open-source firmware and an easy-to-use interface, it’s an excellent choice for institutions and individuals looking to store the Bitcoin offline. Its focus on security safety, reliability, and comfort, along with its one-stop store for all things crypto with support for 9 different currencies as well as 700 tokens and offering access to an integrated DApp store, makes it an excellent option for anyone who is who is looking to purchase hardware wallets.