The Keystone device, formerly known in the past as Cobo Wallet, is a hardware wallet that is growing in popularity with institutions and individuals who seek secure ways to store their cryptocurrency. Founded on the 17th of January 2017 with the help of Discus Fish and Changhao Jiang, Keystone offers a range of products that focus on security, reliability, and convenience for its clients.
One of the major advantages of Keystone is that the Keystone device is its air-gapped capability meaning that it doesn’t have for an internet-connected device. This added layer of security guarantees that the money is protected from online threats like hacking or fraud. The device is also open-source, which means that the source code is available for review and scrutiny, further increasing the security of the device. 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.
Keystone is a great device for business and leisure. Keystone product is easy to use, thanks to its large display screen that allows users to easily view all assets. The hardware of the device is more durable than its competitors, which means that it will last many years. Additionally, the device has an unattachable battery, which means that the battery can be easily replaced if it is exhausted. The device is also equipped with an attractive and simple-to-use interface that is usable to any level of experience.
The setup process for the Keystone device is simple. First, the device is turned on, and then the QR code is scan by the camera on the Keystone website to authenticate the device. Then, a password is created and the conditions of service are negotiated to. The 24-word seed phrase is copied down onto the provided booklet of seed phrases or an undigital medium. This seed phrase is essential to the device’s security, therefore it is crucial that it is kept safe and never taken a picture or typed onto 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. This app acts as an interface for approving and sign transactions. However, it is vital to keep in mind that the device itself doesn’t have an internet connection. This extra layer of security makes sure that the funds are safe even if the smartphone is compromised.
In conclusion we can say that the Keystone device is a secure and reliable hardware wallet that offers an easy-to-use , air-gapped feature. It supports a variety of cryptocurrencies as well as an open-source firmware and a user-friendly interface it’s a fantastic choice for both institutions and individuals who want to store the Bitcoin offline. The device’s emphasis on security safety, reliability, and comfort and its single-stop shop for everything crypto by supporting 9 different coins, 700 tokens, and offering the ability to access an inbuilt DApp store makes it an excellent choice for anyone who is looking to purchase hardware wallets.