Keystone is a device that Keystone device, formerly known by the name of Cobo Wallet, is a hardware wallet that is growing in recognition among institutions and individuals who are looking for safe ways to store their cryptocurrency. Founded in 2017 in 2017 by Discus Fish and Changhao Jiang, Keystone offers a range of products that concentrate on security along with reliability and comfort for its clients.
One of the major features in this Keystone device is its air-gapped option meaning that it doesn’t need be connected to any internet-connected device. This additional 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 source code is accessible for inspection and review and further enhancing the security of the device. Furthermore, the device can support multiple cryptocurrencies, including Bitcoin, Bitcoin Cash, Dash, Ethereum, EOS, Litecoin, Polkadot, Tether and Tron, as well as several ETH, TRON, and EOS digital tokens.
The Keystone product is very easy to use, and has a large screen that lets you easily browse all assets. Its hardware is more durable than some of its competitors, which means that it lasts for an extended period of time. Furthermore, it has an unattachable battery and this means it can be replaced if it is exhausted. It also features an elegant and user-friendly interface, which makes it accessible to users of all levels of experience.
The procedure for setting up the Keystone device is straightforward. The device first needs to be powered on and then a QR code is scanned with the device’s camera on the Keystone website to authenticate the device. After that, a password will be created and the terms of service are agreed upon. After this, the 24-word seed phrase is copied onto the seed phrase book or an undigital medium. The seed phrase is vital to the device’s security, therefore it is crucial to keep it secure and not taken as a picture or typed onto smartphone or computer.
The device is paired with the Keystone application that is available through the Apple App store or Google Play store. This app acts as an interface to approve and sign transactions. However, it is vital to keep in mind that the device itself does not have internet connectivity. This extra layer of security guarantees that the funds are safe even if your smartphone is compromised.
In conclusion we can say that the Keystone device is a safe and reliable hardware wallet that offers an air-gapped solution that is easy to use. It supports a variety of cryptocurrencies, an open-source firmware, and an easy-to-use interface, it’s a fantastic 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 everything crypto with support for 9 different currencies with 700 tokens, as well as offering the ability to access an inbuilt DApp store, makes it a top-notch choice for anyone in the market for hardware wallets.