The Keystone device, previously referred to in the past as Cobo Wallet, is a hardware wallet that is growing in popularity with institutions and individuals seeking safe ways to store their cryptocurrency. The company was established on the 17th of January 2017 by Discus Fish and Changhao Jiang, Keystone offers a range of products that concentrate on security along with reliability and comfort for its customers.
One of the major advantages that is unique to Keystone is that the Keystone device is its air-gapped option which means it doesn’t have be connected to any online device. This extra layer of security guarantees that the funds are safe from online threats like hacking or fraud. It is also open source which means that the code is made accessible for scrutiny and review and further enhancing the security of the device. Furthermore, the device can support multiple cryptocurrencies, including Bitcoin, Bitcoin Cash, Dash, Ethereum, EOS, Litecoin, Polkadot, Tether and Tron along with a number of ETH, TRON, and EOS digital tokens.
The Keystone product is easy to use, thanks to its large display screen , which lets you easily browse all assets. The hardware of the device is more durable than its rivals, meaning that it lasts for many years. Furthermore, it has a battery pack that can be removed and this means it can be replaced when it runs out. The device also has an attractive and simple-to-use interface that is usable to any level of experience.
The procedure for setting up the Keystone device is straightforward. First, the device is powered on and then a QR code is scanned with the device’s camera on the Keystone website to authenticate the device. Then, a password is created and the conditions of service are negotiated to. Following this, the 24 words seed phrase is then copied down onto the provided seed phrase book or an undigital medium. The seed phrase is vital to the device’s security, therefore it is crucial that it is kept safe and never taken a picture or typed onto a computer or smartphone.
Finally, the device is connected to the Keystone app available in the Apple App store or Google Play store. It acts as an interface to approve and sign transactions, but it is crucial to remember that the device itself doesn’t have an internet connection. This extra layer of security makes sure that the funds are safe even if the smartphone is compromised.
In conclusion, Keystone’s Keystone gadget is secure and solid hardware wallet that provides an easy-to-use , air-gapped feature. With support for multiple cryptocurrencies, an open-source firmware, and a user-friendly interface it’s an excellent choice for both institutions and individuals who want to store your Bitcoin offline. The focus of the device is security, reliability, and convenience as well as its one-stop shop for all things crypto, that supports 9 different coins as well as 700 tokens and giving access to an integrated DApp store makes it an excellent option for anyone who is looking for a hardware wallet.