The Keystone device, previously known in the past as Cobo Wallet, is a hardware wallet that is gaining popularity among individuals and institutions who are looking for secure methods to store their cryptocurrencies. Founded in 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 customers.
One of the most important characteristics that is unique to the Keystone device is its air-gapped capability meaning that it doesn’t need be connected to any internet-connected device. This added layer of security ensures that your money is safe from online threats such as hacking or fraud. It is also open source, which means that the code is made accessible for scrutiny and review, further increasing its security. Additionally, the device supports various cryptocurrencies, including Bitcoin, Bitcoin Cash, Dash, Ethereum, EOS, Litecoin, Polkadot, Tether, and Tron and several ETH, TRON, and EOS digital tokens.
Keystone is a great device for business and leisure. Keystone device is also easy to use, thanks to its large display screen that lets you easily browse all assets. The device’s hardware is also more durable than its competitors, ensuring that it will last for an extended period of time. In addition, the device comes with an unattachable battery, which means that it can be replaced when it runs out. The device is also equipped with a sleek and easy-to-navigate interface that is usable to any level of experience.
The setup process for the Keystone device is easy. The device must be switched on and the QR code is scan with the device’s camera via the Keystone website to authenticate the device. After that, a password will be established and the terms of service are negotiated to. The 24-word seed phrase is copied down onto the provided seed phrase booklet or on another non-digital media. This seed phrase is crucial to the device’s security, so it is important to keep it secure and not taken as in a photo or written on a computer or smartphone.
Additionally, the device is also connected to the Keystone app, which is available on the Apple App store or Google Play store. The app serves as an interface for approving and sign transactions. However, it is vital to keep in mind that the device is not connected to the internet. This extra layer of security ensures that the funds are safe even in the event that the phone is compromised.
In conclusion we can say that the Keystone device is a secure and solid hardware wallet that provides an air-gapped solution that is easy to use. With support for multiple cryptocurrencies and an open-source firmware and a user-friendly interface, it’s an excellent choice for institutions and individuals looking to store their Bitcoin offline. Its focus on security, reliability, and convenience as well as its one-stop store for all things crypto by supporting 9 different coins, 700 tokens, and giving the ability to access an inbuilt DApp store makes it a top-notch option for anyone who is who is looking to purchase a hardware wallet.