The Keystone device, previously referred to as Cobo Wallet, is a hardware wallet that is rapidly gaining popularity with institutions and individuals seeking secure ways to keep their crypto. It was founded in 2017 by Discus Fish and Changhao Jiang, Keystone offers a range of products that focus on security along with reliability and comfort for its customers.
One of the major characteristics that is unique to the Keystone device is its air-gapped capability which means it doesn’t need to connect to an online device. This added layer of security ensures that the funds are 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, further increasing its security. In addition, the device supports 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 gadget is simple to use, with a large screen that allows users to easily view the entire inventory. The hardware of the device is more durable than its rivals, meaning that it will last for many years. 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, which makes it suitable for users of any level of experience.
The setup process for keystone Keystone device is straightforward. The device first needs to be turned on, and then it scans a QR code by the camera via the Keystone website to authenticate the device. After that, a password will be established and the terms of service are negotiated to. Following this, the 24-word seed phrase is copied down onto the provided seed phrase booklet or on another non-digital media. This seed phrase is crucial to the device’s security, therefore it is crucial to ensure it’s protected and never used to take a picture or typed onto smartphone or computer.
Finally, the device is paired with the Keystone application available in the Apple App store or Google Play store. It acts as an interface that allows users to approve and verify transactions, however it is important to note that the device is not connected to the internet. This added layer of security makes sure that the money is safe even in the event that the phone is compromised.
In the end it is clear that the Keystone device is a safe and robust hardware wallet that gives an easy-to-use air-gapped option. It supports a variety of cryptocurrencies, an open-source firmware, and a user-friendly interface, it is a great option for both institutions and individuals who want to store their Bitcoin offline. The focus of the device is security, reliability, and convenience, along with its one-stop shop for all things crypto, by supporting 9 different coins, 700 tokens, and giving the ability to access an inbuilt DApp store, makes it an excellent choice for anyone looking for hardware wallets.