The Keystone device, formerly known in the past as Cobo Wallet, is a hardware wallet that is growing in recognition among institutions and individuals who are looking for safe ways to store their cryptocurrency. Founded on the 17th of January 2017 by Discus Fish and Changhao Jiang, Keystone offers a range of products that concentrate on security, reliability, and convenience for its clients.
One of the main advantages that is unique to the Keystone device is its air-gapped capability, which means that it doesn’t have for an online device. This extra layer of security ensures that the money is protected from online threats like hacking or the phishing attack. It is also open source which means that the code is made available for review and scrutiny, further increasing its security. Furthermore, the device can support multiple cryptocurrencies, including Bitcoin, Bitcoin Cash, Dash, Ethereum, EOS, Litecoin, Polkadot, Tether and Tron along with various ETH, TRON, and EOS digital tokens.
The Keystone product is very easy to use, and has a large display screen that makes it simple to view every asset. Its hardware is more durable than its rivals, meaning that it lasts for an extended period of time. Additionally, the device has a battery pack that can be removed and this means the battery can be easily replaced if it is exhausted. The device also has a sleek and easy-to-navigate interface, which makes it accessible to users of all experience levels.
The process of setting up keystone Keystone device is easy. The device first needs to be powered on and then it scans a QR code with the device’s camera via the Keystone website to authenticate the device. Then, a password is set and the terms 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 device’s security, therefore it is essential that it is kept protected and never used to take in a photo or written on smartphone or computer.
The device is paired with the Keystone app available in the Apple App store or Google Play store. The app serves as an interface for approving and sign transactions, but it is important to note that the device doesn’t have an internet connection. This added layer of security makes sure that your funds are secure even in the event that the phone 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 feature. With support for multiple cryptocurrencies as well as an open-source firmware and an easy-to-use interface, it is a great option for institutions and individuals looking to keep their Bitcoin offline. Its focus on security as well as reliability and ease of use and its single-stop shop for everything crypto by supporting 9 different coins, 700 tokens, and giving access to an integrated DApp store makes it a top-notch option for anyone who is looking for a hardware wallet.