Keystone is a device that Keystone device, formerly known as Cobo Wallet, is a hardware wallet that is growing in popularity among individuals and institutions who seek secure methods to store their cryptocurrencies. It was founded in 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 customers.
One of the most important advantages in the Keystone device is the air-gapped feature which means it does not need for an online device. This added layer of security makes sure that the money is protected from online threats, such as hacking or the phishing attack. It is also open source, which means that the source code is available for review and scrutiny and further enhancing its security. Additionally, the device supports several cryptocurrencies, such as Bitcoin, Bitcoin Cash, Dash, Ethereum, EOS, Litecoin, Polkadot, Tether and Tron along with several ETH, TRON, and EOS digital tokens.
The Keystone device is also easy to use, and has a large screen that allows users to easily view every asset. Its hardware is more durable than its rivals, meaning that it lasts for many years. Additionally, the device has a battery pack that can be removed, which means that the battery can be quickly replaced when it runs out. It also features an attractive and simple-to-use interface that is accessible to users of all experience levels.
The process of setting up Keystone is simple. The setup process for Keystone device is easy. The device first needs to be powered on and then the QR code is scan with the device’s camera on the Keystone website to authenticate the device. Next, a password is established and the conditions of service are agreed upon. Following this, the 24 words seed phrase is then copied down onto the provided seed phrase booklet or on another non-digital media. The seed phrase is vital to the device’s security, therefore it is essential to keep it secure and not taken as a picture or typed onto a computer or smartphone.
The device is connected to the Keystone app that is available through the Apple App store or Google Play store. The app serves as an interface for approving and sign transactions, but it is vital to keep in mind that the device doesn’t have an internet connection. This added layer of security ensures that the money is safe even if the smartphone is compromised.
In conclusion, Keystone’s Keystone device is a safe and robust hardware wallet that gives an easy-to-use air-gapped option. With support for multiple cryptocurrencies, an open-source firmware, and a user-friendly interface it is a great option for institutions and individuals looking to keep their Bitcoin offline. The device’s emphasis on security as well as reliability and ease of use, along with its one-stop shop for everything crypto by supporting 9 different coins with 700 tokens, as well as giving the ability to access an inbuilt DApp store, makes it an outstanding choice for anyone who is looking to purchase an electronic wallet.