The Keystone device, previously referred to as Cobo Wallet, is a hardware wallet that is growing in recognition among institutions and individuals who seek safe ways to keep their crypto. Founded on the 17th of January 2017 in 2017 by Discus Fish and Changhao Jiang, Keystone offers a range of products that are focused on security along with reliability and comfort for its clients.
One of the main advantages in this Keystone device is its air-gapped capability meaning that it doesn’t have for an internet-connected device. This added layer of security makes sure that your money is safe from online threats such as hacking or the phishing attack. It is also open source this means that the code is publicly 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 and several ETH, TRON, and EOS digital tokens.
The Keystone gadget is simple to use, thanks to its large display screen that allows users to easily view every asset. The hardware of the device is more durable than its rivals, meaning that it will last an extended period of time. In addition, the device comes with an unattachable battery, which means that the battery can be quickly replaced if it is exhausted. It also features a sleek and easy-to-navigate interface that is usable to any level of experience.
The process of setting up the Keystone device is straightforward. First, the device is switched on and the QR code is scan with the device’s camera on the Keystone website to authenticate the device. Then, a password is created and the conditions of service are agreed upon. The 24-word seed phrase is copied onto the seed phrase booklet or on another non-digital media. The seed phrase is vital to the security of the device, so it is important to ensure it’s safe and never taken a picture or typed onto smartphones or computers.
Additionally, the device is connected to the Keystone app available in the Apple App store or Google Play store. This app 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 added layer of security makes sure that the money is safe even if your smartphone is compromised.
In the end we can say that Keystone is a great choice for storing Bitcoin. Keystone product is safe and reliable hardware wallet that offers an easy-to-use air-gapped option. With support for a range of cryptocurrency, an open-source firmware, and a user-friendly interface it is a great option for institutions and individuals looking to keep your Bitcoin offline. The focus of the device is security as well as reliability and ease of use, along with its one-stop shop for all things crypto, that supports 9 different coins as well as 700 tokens and offering the ability to access an inbuilt DApp store, makes it a top-notch choice for anyone looking for a hardware wallet.