The Keystone device, previously known in the past as Cobo Wallet, is a hardware wallet that is rapidly gaining popularity among individuals and institutions seeking safe ways to keep their crypto. It was founded on the 17th of January 2017 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 most important advantages that is unique to this Keystone device is the air-gapped feature, which means that it doesn’t need be connected to any internet-connected device. This extra layer of security makes sure that the money is protected from online threats such as hacking or fraud. It is also open source, which means that the source code is accessible for inspection 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 various ETH, TRON, and EOS digital tokens.
The Keystone gadget is simple to use, thanks to its large display screen that allows users to easily view every asset. Its hardware is more durable than its rivals, meaning that it lasts for many years. In addition, the device comes with an unattachable battery, which means that the battery can be easily replaced when it runs out. The device also has a sleek and easy-to-navigate interface, which makes it suitable for users of all experience levels.
The procedure for setting up keystone Keystone device is easy. First, the device is turned on, and then a QR code is scanned using the camera of the device via the Keystone website to authenticate the device. After that, a password will be set 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 an undigital medium. This seed phrase is crucial to the security of the device, therefore it is essential to ensure it’s secure and not taken as by taking a picture or copied onto smartphone or computer.
Additionally, the device is connected to the Keystone application that is available through the Apple App store or Google Play store. It acts as an interface to approve and verify transactions, however it is vital to keep in mind that the device itself is not connected to the internet. This extra layer of security ensures that the funds are safe even if the smartphone is compromised.
In conclusion we can say that Keystone’s Keystone product is safe and reliable hardware wallet that offers an air-gapped solution that is easy to use. It supports a variety of cryptocurrencies and an open-source firmware and a user-friendly interface, it is a great option for institutions and individuals looking to keep their Bitcoin offline. The focus of the device is security as well as reliability and ease of use, along with its one-stop shop for all things crypto, with support for 9 different currencies as well as 700 tokens and providing accessibility to the integrated DApp store, makes it an excellent option for anyone who is looking for a hardware wallet.