The Keystone device, previously known by the name of Cobo Wallet, is a hardware wallet that is rapidly gaining popularity with institutions and individuals seeking secure ways to store their cryptocurrency. It was founded 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 as well as reliability and ease of use for its clients.
One of the major characteristics of the Keystone device is its air-gapped option which means it doesn’t need for an internet-connected device. This added layer of security makes sure that your money is safe from online threats like hacking or the phishing attack. It is also open source this means that the code is publicly accessible for inspection and review which further enhances 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 device is also simple to use, and has a large display screen that lets you easily browse every asset. The hardware of the device is more durable than its competitors, which means that it lasts for many years. In addition, the device comes with an unattachable battery and this means it can be replaced if it is exhausted. It also features an elegant and user-friendly interface, which makes it usable to any level of experience.
The setup process for the Keystone device is easy. The device first needs to be turned on, and then it scans a QR code using the camera of the device on the Keystone website to authenticate the device. Next, a password is set and the terms of service are agreed to. The 24 words seed phrase is then copied onto the seed phrase book or an undigital medium. This seed phrase is crucial to the device’s security, so it is important to keep it secure and not taken as in a photo or written on smartphones or computers.
Additionally, the device is also connected to the Keystone app that is available through the Apple App store or Google Play store. It acts as an interface to approve and verify transactions, however it is crucial to remember that the device doesn’t have an internet connection. This extra layer of security ensures that the money is safe even if your smartphone is compromised.
In the end it is clear that 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, an open-source firmware, and a user-friendly interface, it’s a fantastic choice for both institutions and individuals who want to keep their Bitcoin offline. The focus of the device is security safety, reliability, and comfort as well as its one-stop shop for everything crypto by supporting 9 different coins as well as 700 tokens and giving the ability to access an inbuilt DApp store makes it an outstanding option for anyone who is looking for a hardware wallet.