Keystone is a device that Keystone device, formerly 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 ways to store their cryptocurrencies. Founded on the 17th of January 2017 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 clients.
One of the main characteristics that is unique to this Keystone device is the air-gapped feature which means it doesn’t have to connect to an online device. This additional 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 code is publicly accessible for inspection and review and further enhancing its security. Additionally, the device supports several cryptocurrencies, such as Bitcoin, Bitcoin Cash, Dash, Ethereum, EOS, Litecoin, Polkadot, Tether, and Tron along with several ETH, TRON, and EOS digital tokens.
The Keystone device is also very easy to use, and has a large display screen , which makes it simple to view the entire inventory. Its hardware is more durable than its rivals, meaning that it will last for a long time. Furthermore, it has a battery pack that can be removed, which means that it can be replaced if it is exhausted. It also features an attractive and simple-to-use interface that is usable to all experience levels.
The procedure for setting up the Keystone device is straightforward. The device must be switched on and the QR code is scan with the device’s camera through the Keystone website to authenticate the device. Then, a password is set and the terms of service are agreed to. After this, the 24-word seed phrase is copied onto the seed phrase book or another non-digital media. This seed phrase is crucial for the security of the device therefore it is crucial to keep it protected and never used to take in a photo or written on smartphone or computer.
Additionally, the device is connected to the Keystone application that is available through the Apple App store or Google Play store. It acts as an interface that allows users to approve and verify transactions, however it is crucial to remember that the device doesn’t have an internet connection. This extra layer of security guarantees that the funds are safe even if your smartphone is compromised.
In the end we can say that the Keystone device is a secure and solid hardware wallet that provides an easy-to-use , air-gapped feature. With support for a range of cryptocurrency as well as an open-source firmware and a user-friendly interface, it’s a fantastic choice for individuals and institutions looking to store your Bitcoin offline. The device’s emphasis on security, reliability, and convenience, along with its one-stop store for all things crypto with support for 9 different currencies with 700 tokens, as well as providing access to an integrated DApp store makes it an excellent choice for anyone looking for an electronic wallet.