The Keystone device, previously known by the name of Cobo Wallet, is a hardware wallet that is rapidly gaining recognition among institutions and individuals who are looking for secure methods to store their cryptocurrency. The company was established in the year 2017 by Discus Fish and Changhao Jiang, Keystone offers a range of products that are focused on security, reliability, and convenience for its customers.
One of the main characteristics of this Keystone device is its air-gapped option, which means that it doesn’t have for an online device. This extra layer of security makes sure that the money is protected from online threats like hacking or phishing. It is also open source which means that the source code is accessible for scrutiny and review, further increasing its security. Additionally, the device supports several cryptocurrencies, such as Bitcoin, Bitcoin Cash, Dash, Ethereum, EOS, Litecoin, Polkadot, Tether, and Tron, as well as a number of ETH, TRON, and EOS digital tokens.
The Keystone product is very easy to use, with a large display screen that lets you easily browse the entire inventory. Its hardware is more durable than its competitors, ensuring that it lasts for an extended period of time. Furthermore, it has an unattachable battery, which means that the battery can be quickly replaced if it is exhausted. It also features an elegant and user-friendly interface, which makes it suitable for users of all levels of experience.
The setup process for Keystone is simple. The setup process for Keystone device is easy. The device must be turned on, and then it scans a QR code by the camera on the Keystone website to authenticate the device. Then, a password is created and the conditions of service are negotiated to. After this, the 24 words seed phrase is then copied onto the seed phrase booklet or on an undigital medium. This seed phrase is essential for the security of the device so it is important to keep it protected and never used to take by taking a picture or copied onto smartphones or computers.
Additionally, the device is connected to the Keystone app that is available through the Apple App store or Google Play store. The app serves as an interface to approve and sign transactions, but it is crucial to remember that the device itself doesn’t have an internet connection. This additional layer of security makes sure that the money is safe even in the event that the phone is compromised.
In conclusion we can say that Keystone’s Keystone device is a secure and robust hardware wallet that gives an easy-to-use air-gapped option. 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 as well as reliability and ease of use as well as its one-stop store for all things crypto by supporting 9 different coins, 700 tokens, and providing access to an integrated DApp store makes it an outstanding choice for anyone who is looking to purchase a hardware wallet.