Keystone is a device that Keystone device, previously known by the name of Cobo Wallet, is a hardware wallet that is rapidly gaining popularity among individuals and institutions seeking secure methods to keep their crypto. 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 customers.
One of the main advantages of this Keystone device is the air-gapped feature meaning that it doesn’t have to connect to an internet-connected device. This additional layer of security ensures that the money is protected from online threats such as hacking or the phishing attack. The device is also open-source which means that the source code is accessible for scrutiny and review which further enhances its security. Additionally, the device supports several cryptocurrencies, such as Bitcoin, Bitcoin Cash, Dash, Ethereum, EOS, Litecoin, Polkadot, Tether, and Tron and a number of ETH, TRON, and EOS digital tokens.
The Keystone product is simple to use, and has a large display screen that lets you easily browse the entire inventory. The device’s hardware is also more durable than its competitors, ensuring that it will last a long time. In addition, the device comes with a detachable battery pack this means that it can be replaced when it runs out. The device also has an elegant and user-friendly interface that is accessible to users of any level of experience.
The procedure for setting up Keystone is simple. The setup process for Keystone device is simple. The device first needs to be powered on and then it scans a QR code by the camera through the Keystone website to authenticate the device. After that, a password will be set and the conditions of service are agreed to. Following this, the 24 words seed phrase is then copied onto the seed phrase booklet or on an undigital medium. This seed phrase is crucial to the device’s security, therefore it is crucial to keep it secure and not taken as in a photo or written on smartphone or computer.
The device is connected to the Keystone app available in 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 important to note that the device doesn’t have an internet connection. This additional layer of security ensures that your funds are secure even in the event that the phone is compromised.
In conclusion we can say that Keystone’s Keystone product is secure and solid hardware wallet that provides an easy-to-use air-gapped option. With support for a range of cryptocurrency as well as an open-source firmware and a user-friendly interface, it is a great option for both institutions and individuals who want to keep your Bitcoin offline. The focus of the device is security, reliability, and convenience as well as its one-stop store for all things crypto by supporting 9 different coins with 700 tokens, as well as giving access to an integrated DApp store, makes it an excellent choice for anyone in the market for an electronic wallet.