The Keystone device, formerly known by the name of Cobo Wallet, is a hardware wallet that is rapidly gaining popularity with institutions and individuals who are looking for secure methods to store their cryptocurrency. Founded in 2017 with the help of Discus Fish and Changhao Jiang, Keystone offers a range of products that focus on security along with reliability and comfort for its clients.
One of the most important characteristics that is unique to Keystone is that the Keystone device is the air-gapped feature meaning that it doesn’t need to connect to an internet-connected device. This extra layer of security makes sure that the funds are safe from online threats such as hacking or the phishing attack. The device is also open-source, which means that the code is made accessible for scrutiny and review which further enhances the security of the device. Additionally, the device supports various 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, thanks to its large screen that makes it simple to view every asset. The device’s hardware is also more durable than its competitors, which means that it lasts for a long time. In addition, the device comes with a battery pack that can be removed, which means that it can be replaced when it runs out. The device also has an elegant and user-friendly interface, which makes it suitable for users of all levels of experience.
The setup process for keystone Keystone device is simple. First, the device is turned on, and then the QR code is scan using the camera of the device through the Keystone website to authenticate the device. Next, a password is established and the conditions of service are negotiated to. Following this, the 24-word seed phrase is copied down onto the provided seed phrase book or another non-digital media. This seed phrase is essential to the device’s security, therefore it is essential to keep it safe and never taken in a photo or written on smartphones or computers.
Finally, the device is connected to the Keystone app, which is available on the Apple App store or Google Play store. This app acts as an interface to approve and sign transactions, but it is important to note that the device is not connected to the internet. This additional layer of security makes sure that the funds are safe even in the event that the phone is compromised.
In the end we can say that the Keystone device is a safe and solid hardware wallet that provides an air-gapped solution that is easy to use. With support for multiple cryptocurrencies, an open-source firmware, and a user-friendly interface it’s an excellent choice for both institutions and individuals who want to store their Bitcoin offline. Its focus on security, reliability, and convenience as well as its one-stop shop for all things crypto, by supporting 9 different coins as well as 700 tokens and giving access to an integrated DApp store, makes it a top-notch choice for anyone who is looking to purchase a hardware wallet.