The Keystone device, previously known by the name of Cobo Wallet, is a hardware wallet that is rapidly gaining popularity with institutions and individuals who are looking for secure methods to store their cryptocurrencies. 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 along with reliability and comfort for its clients.
One of the main characteristics in Keystone is that the Keystone device is the air-gapped feature meaning that it doesn’t have for an online device. This additional layer of security guarantees 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 available for review and scrutiny and further enhancing the security of the device. In addition, the device supports various cryptocurrencies, including Bitcoin, Bitcoin Cash, Dash, Ethereum, EOS, Litecoin, Polkadot, Tether, and Tron and various ETH, TRON, and EOS digital tokens.
The Keystone gadget is simple to use, with a large display screen , which makes it simple to view every asset. The hardware of the device is more durable than its competitors, which means that it lasts for an extended period of time. Additionally, the device has a battery pack that can be removed and this means it can be replaced when it runs out. It also features an attractive and simple-to-use interface, which makes it accessible to users of all experience levels.
The setup process for the Keystone device is easy. The device first needs to be turned on, and then the QR code is scan using the camera of the device on the Keystone website to authenticate the device. After that, a password will be created and the conditions of service are agreed upon. The 24-word seed phrase is written down on the booklet of seed phrases or an undigital medium. This seed phrase is crucial for the security of the device therefore it is essential that it is kept secure and not taken as a picture or typed onto smartphone or computer.
Additionally, the device is connected to the Keystone app, which is available on the Apple App store or Google Play store. It acts as an interface for approving and sign transactions. However, it is important to note that the device itself does not have internet connectivity. This extra layer of security ensures that your funds are secure even if your smartphone is compromised.
In conclusion we can say that Keystone’s Keystone device is a secure and solid hardware wallet that provides an easy-to-use air-gapped option. It supports a variety of cryptocurrencies and an open-source firmware and a user-friendly interface it’s a fantastic 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 everything crypto with support for 9 different currencies as well as 700 tokens and providing accessibility to the integrated DApp store makes it a top-notch option for anyone who is who is looking to purchase an electronic wallet.