Keystone is a device that Keystone device, formerly known in the past as Cobo Wallet, is a hardware wallet that is rapidly gaining popularity among individuals and institutions who are looking for safe ways to store their cryptocurrency. The company was established in the year 2017 with the help of Discus Fish and Changhao Jiang, Keystone offers a range of products that focus on security as well as reliability and ease of use for its clients.
One of the main advantages that is unique to the Keystone device is the air-gapped feature meaning that it doesn’t have for an internet-connected device. This additional layer of security makes sure that your money is safe from online threats, such as hacking or fraud. The device is also open-source which means that the source code is available for review and scrutiny and further enhancing its security. Furthermore, the device can support several cryptocurrencies, such as Bitcoin, Bitcoin Cash, Dash, Ethereum, EOS, Litecoin, Polkadot, Tether and Tron along with a number of ETH, TRON, and EOS digital tokens.
The Keystone device is also very easy to use, with a large screen that allows users to easily view all assets. The hardware of the device is more durable than some of its competitors, ensuring that it lasts for many years. Additionally, the device has a battery pack that can be removed and this means it can be replaced if it is exhausted. It also features an attractive and simple-to-use interface, making it usable to all experience levels.
The procedure for setting up Keystone is simple. The setup process for Keystone device is easy. The device first needs to be turned on, and then a QR code is scanned with the device’s camera through the Keystone website to authenticate the device. Then, a password is set and the conditions of service are agreed upon. Following this, the 24 words seed phrase is then written down on the seed phrase book or another non-digital media. The seed phrase is vital to the device’s security, therefore it is crucial to keep it safe and never taken in a photo or written on smartphone or computer.
Additionally, the device is connected to the Keystone app available in the Apple App store or Google Play store. It acts as an interface for approving and sign transactions, but it is important to note that the device itself doesn’t have an internet connection. This extra layer of security makes sure that the funds are safe even if your smartphone is compromised.
In conclusion, the Keystone device is a safe and solid hardware wallet that provides an easy-to-use air-gapped option. With support for multiple cryptocurrencies, an open-source firmware, and a user-friendly interface it is a great option for institutions and individuals looking to keep your Bitcoin offline. Its focus on security safety, reliability, and comfort, along with its one-stop shop for all things crypto, that supports 9 different coins, 700 tokens, and giving access to an integrated DApp store, makes it an outstanding option for anyone who is in the market for a hardware wallet.