The Keystone device, previously referred to in the past as Cobo Wallet, is a hardware wallet that is growing in popularity among individuals and institutions seeking safe ways to store their cryptocurrency. Founded in the year 2017 in 2017 by 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 customers.
One of the main features that is unique to this Keystone device is its air-gapped option meaning that it does not need be connected to any online device. This additional layer of security guarantees that the money is protected from online threats such as hacking or phishing. It is also open source this means that the code is made accessible for scrutiny and review, further increasing the security of the device. In addition, the device supports multiple cryptocurrencies, including Bitcoin, Bitcoin Cash, Dash, Ethereum, EOS, Litecoin, Polkadot, Tether, and Tron and various ETH, TRON, and EOS digital tokens.
The Keystone device is also simple to use, and has a large screen that allows users to easily view every asset. The hardware of the device is more durable than some of its rivals, meaning that it will last many years. Furthermore, it has a detachable battery pack, which means that it can be replaced when it runs out. The device also has a sleek and easy-to-navigate interface that is suitable for users of any level of experience.
The setup process for the Keystone device is easy. The device must be powered on and then it scans a QR code with the device’s camera via the Keystone website to authenticate the device. Next, a password is created and the conditions of service are negotiated to. Following this, the 24-word seed phrase is written down on the booklet of seed phrases or a non-digital material. This seed phrase is crucial for the security of the device so it is important to ensure it’s secure and not taken as in a photo or written on smartphone or computer.
Finally, the device is also connected to the Keystone application, which is available on the Apple App store or Google Play store. The app serves as an interface for approving and verify transactions, however it is crucial to remember that the device does not have internet connectivity. This extra layer of security guarantees that the funds are safe even if the smartphone is compromised.
In conclusion, the Keystone device is a secure and reliable hardware wallet that offers an air-gapped solution that is easy to use. With support for a range of cryptocurrency, an open-source firmware, and a user-friendly interface, it’s an excellent choice for individuals and institutions looking to store your Bitcoin offline. The focus of the device is security safety, reliability, and comfort, along with its one-stop shop for all things crypto, that supports 9 different coins, 700 tokens, and giving access to an integrated DApp store makes it a top-notch option for anyone who is looking for an electronic wallet.