The Keystone device, previously known in the past as Cobo Wallet, is a hardware wallet that is growing in popularity with institutions and individuals who seek secure ways to keep their crypto. The company was established in 2017 with the help of Discus Fish and Changhao Jiang, Keystone offers a range of products that concentrate on security, reliability, and convenience for its customers.
One of the main advantages of the Keystone device is its air-gapped capability meaning that it does not need for an online device. This added layer of security guarantees that the funds are safe from online threats, such as hacking or the phishing attack. The device is also open-source this means that the code is made available for review and scrutiny, further increasing its security. In addition, the device supports multiple cryptocurrencies, including 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, and has a large display screen , which allows users to easily view every asset. Its hardware is more durable than some of its rivals, meaning that it will last many years. Additionally, the device has an unattachable battery and this means it can be removed when it’s full. The device is also equipped with an attractive and simple-to-use interface that is suitable for users of all experience levels.
The setup process for the Keystone device is easy. The device must be turned on, and then a QR code is scanned by the camera via the Keystone website to authenticate the device. After that, a password will be created and the conditions of service are negotiated to. Following this, the 24-word seed phrase is copied onto the seed phrase booklet or on an undigital medium. The seed phrase is vital to the security of the device, therefore it is crucial that it is kept secure and not taken as by taking a picture or copied onto smartphones or computers.
Finally, the device is also connected to the Keystone application, which is available on the Apple App store or Google Play store. It acts as an interface to approve and verify transactions, however it is important to note that the device doesn’t have an internet connection. This extra layer of security makes sure that the funds are safe even if the smartphone is compromised.
In the end it is clear that Keystone’s 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’s a fantastic choice for individuals and institutions looking to keep the Bitcoin offline. Its focus on security, reliability, and convenience as well as its one-stop store for all things crypto with support for 9 different currencies with 700 tokens, as well as providing 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.