The Keystone device, previously referred to as Cobo Wallet, is a hardware wallet that is rapidly gaining popularity among individuals and institutions who are looking for safe 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, reliability, and convenience for its customers.
One of the main advantages in this Keystone device is the air-gapped feature, which means that it does not need to connect to an online device. This additional layer of security guarantees that the money is protected from online threats, such as hacking or the phishing attack. It is also open source this means that the code is made accessible for inspection 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 and various ETH, TRON, and EOS digital tokens.
Keystone is a great device for business and leisure. Keystone product is very easy to use, with a large screen that lets you easily browse every asset. The device’s hardware is also more durable than its rivals, meaning that it will last a long time. Additionally, the device has a detachable battery pack this means that the battery can be quickly replaced if it is exhausted. The device also has a sleek and easy-to-navigate interface, making it usable to all experience levels.
The procedure for setting up the Keystone device is easy. The device must be switched on and it scans a QR code by the camera on the Keystone website to authenticate the device. Then, a password is created and the conditions of service are agreed upon. After this, the 24 words seed phrase is then 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 essential to keep it safe and never taken a picture or typed onto smartphone or computer.
Finally, 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 for approving and verify transactions, however it is vital to keep in mind that the device doesn’t have an internet connection. This extra layer of security guarantees that the money is safe even if the smartphone is compromised.
In the end we can say that Keystone’s Keystone device is a secure and solid hardware wallet that provides an easy-to-use , air-gapped feature. With support for multiple cryptocurrencies and an open-source firmware and a user-friendly interface it’s a fantastic choice for individuals and institutions looking to store the Bitcoin offline. The device’s emphasis on security, reliability, and convenience as well as its one-stop shop for everything crypto that supports 9 different coins, 700 tokens, and giving the ability to access an inbuilt DApp store, makes it an excellent option for anyone who is in the market for a hardware wallet.