The Keystone device, formerly known as Cobo Wallet, is a hardware wallet that is growing in recognition among institutions and individuals who seek secure methods to store their cryptocurrencies. It was founded in 2017 by Discus Fish and Changhao Jiang, Keystone offers a range of products that focus on security as well as reliability and ease of use for its customers.
One of the most important advantages in Keystone is that the Keystone device is the air-gapped feature which means it doesn’t have for an internet-connected 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 this means that the source code is available for review and scrutiny, further increasing its security. Furthermore, the device can support various cryptocurrencies, including Bitcoin, Bitcoin Cash, Dash, Ethereum, EOS, Litecoin, Polkadot, Tether, and Tron along with various ETH, TRON, and EOS digital tokens.
The Keystone device is also very easy to use, thanks to its large display screen that allows users to easily view every asset. Its hardware is more durable than its rivals, meaning that it will last an extended period of time. Additionally, the device has an unattachable battery, which means that the battery can be quickly replaced if it is exhausted. The device is also equipped with a sleek and easy-to-navigate interface, making it suitable for users of all levels of experience.
The procedure for setting up the Keystone device is straightforward. The device first needs to be turned on, and then it scans a QR code using the camera of the device via the Keystone website to authenticate the device. After that, a password will be created and the terms of service are agreed upon. The 24-word seed phrase is written down on the seed phrase book or a non-digital material. This seed phrase is essential for the security of the device so it is important to keep it secure and not taken as a picture or typed onto a computer or smartphone.
The device is connected to the Keystone application, which is available on the Apple App store or Google Play store. The app serves as an interface that allows users to approve and sign transactions. However, it is important to note that the device itself is not connected to the internet. This added layer of security guarantees that your funds are secure even if your smartphone is compromised.
In conclusion we can say that the Keystone device is a secure and robust hardware wallet that gives an easy-to-use air-gapped option. It supports a variety of cryptocurrencies, an open-source firmware, and an easy-to-use interface, it is a great option for institutions and individuals looking to store the Bitcoin offline. The focus of the device is security, reliability, and convenience as well as its one-stop store for all things crypto with support for 9 different currencies, 700 tokens, and providing accessibility to the integrated DApp store makes it an excellent choice for anyone in the market for hardware wallets.