The Keystone device, formerly known in the past as Cobo Wallet, is a hardware wallet that is rapidly gaining popularity with institutions and individuals who seek secure methods to store their cryptocurrency. It was founded on the 17th of January 2017 with the help of Discus Fish and Changhao Jiang, Keystone offers a range of products that concentrate on security, reliability, and convenience for its customers.
One of the most important advantages of Keystone is that the Keystone device is its air-gapped capability which means it doesn’t need to connect to an internet-connected device. This extra layer of security ensures that the money is protected 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 scrutiny and review and further enhancing the security of the device. Additionally, the device supports various cryptocurrencies, including Bitcoin, Bitcoin Cash, Dash, Ethereum, EOS, Litecoin, Polkadot, Tether and Tron and a number of ETH, TRON, and EOS digital tokens.
The Keystone device is also very easy to use, thanks to its large screen that makes it simple to view every asset. The device’s hardware is also more durable than some of its competitors, ensuring that it will last an extended period of time. Furthermore, it has a detachable battery pack and this means it can be removed when it’s full. The device also has an attractive and simple-to-use interface, which makes it usable to all experience levels.
The setup process for Keystone is simple. The setup process for Keystone device is easy. The device first needs to be powered on and then the QR code is scan with the device’s camera via the Keystone website to authenticate the device. Then, a password is created and the conditions of service are agreed upon. The 24 words seed phrase is then copied onto the seed phrase booklet or on an undigital medium. This seed phrase is crucial to the security of the device, so it is important that it is kept protected and never used to take in a photo or written on smartphone or computer.
The device is also connected to the Keystone application available in the Apple App store or Google Play store. This app acts as an interface for approving and sign transactions, but it is crucial to remember that the device is not connected to the internet. This extra layer of security ensures that the funds are safe even if your smartphone is compromised.
In conclusion, the Keystone device is a safe and reliable hardware wallet that offers 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 is a great option for institutions and individuals looking to keep their Bitcoin offline. The focus of the device is security, reliability, and convenience and its single-stop store for all things crypto by supporting 9 different coins, 700 tokens, and offering the ability to access an inbuilt DApp store, makes it an outstanding choice for anyone in the market for hardware wallets.