The Keystone device, formerly known in the past as Cobo Wallet, is a hardware wallet that is rapidly gaining popularity among individuals and institutions seeking secure ways to store their cryptocurrency. The company was established on the 17th of January 2017 with the help of Discus Fish and Changhao Jiang, Keystone offers a range of products that concentrate on security, reliability, and convenience for its clients.
One of the most important characteristics of this Keystone device is its air-gapped capability which means it doesn’t have to connect to an online device. This extra layer of security ensures that the funds are safe from online threats like hacking or the phishing attack. The device is also open-source this means that the source code is accessible for inspection and review which further enhances its security. Additionally, the device supports various cryptocurrencies, including Bitcoin, Bitcoin Cash, Dash, Ethereum, EOS, Litecoin, Polkadot, Tether and Tron along with several ETH, TRON, and EOS digital tokens.
Keystone is a great device for business and leisure. Keystone product is simple to use, with a large display 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 a long time. In addition, the device comes with an unattachable battery this means that the battery can be easily replaced when it runs out. The device also has an attractive and simple-to-use interface that is suitable for users of any level of experience.
The procedure for setting up the Keystone device is easy. First, the device is powered on and then a QR code is scanned by the camera through the Keystone website to authenticate the device. Next, a password is set and the terms of service are negotiated to. After this, the 24-word seed phrase is written down on the booklet of seed phrases or another non-digital media. The seed phrase is vital to the device’s security, therefore it is crucial to keep it protected and never used to take by taking a picture or copied onto smartphones or computers.
The device is also connected to the Keystone application that is available through the Apple App store or Google Play store. This app acts as an interface that allows users to approve and sign transactions. However, it is vital to keep in mind that the device does not have internet connectivity. This additional layer of security guarantees that your funds are secure even in the event that the phone is compromised.
In conclusion, Keystone’s Keystone gadget is safe and reliable hardware wallet that offers an air-gapped solution that is easy to use. It supports a variety of cryptocurrencies and an open-source firmware and a user-friendly interface, it is a great option for institutions and individuals looking to keep the Bitcoin offline. Its focus on security, reliability, and convenience, along with its one-stop shop for all things crypto, by supporting 9 different coins, 700 tokens, and giving accessibility to the integrated DApp store makes it a top-notch choice for anyone in the market for an electronic wallet.