The Keystone device, formerly known as Cobo Wallet, is a hardware wallet that is rapidly gaining popularity with institutions and individuals who seek secure ways to keep their crypto. Founded on the 17th of January 2017 with the help of Discus Fish and Changhao Jiang, Keystone offers a range of products that are focused on security as well as reliability and ease of use for its clients.
One of the major features of the Keystone device is the air-gapped feature meaning that it doesn’t need for an internet-connected device. This added layer of security makes sure that your money is safe from online threats like hacking or the phishing attack. It is also open source, which means that the source code is available for review and scrutiny, further increasing its security. Additionally, the device supports several cryptocurrencies, such as Bitcoin, Bitcoin Cash, Dash, Ethereum, EOS, Litecoin, Polkadot, Tether and Tron and various ETH, TRON, and EOS digital tokens.
The Keystone gadget is simple to use, with a large display screen that makes it simple to view all assets. Its hardware is more durable than some of its competitors, ensuring that it will last an extended period of time. Furthermore, it has an unattachable battery, which means that it can be removed when it’s full. The device is also equipped with an elegant and user-friendly interface, making it suitable for users of all experience levels.
The procedure for setting up the Keystone device is straightforward. The device first needs to be powered on and then it scans a QR code using the camera of the device through the Keystone website to authenticate the device. Next, a password is created and the conditions of service are agreed to. The 24 words seed phrase is then copied onto the seed phrase book or another non-digital media. This seed phrase is essential to the security of the device, so it is important to ensure it’s protected and never used to take in a photo or written on a computer or smartphone.
Additionally, the device is also connected to the Keystone application, which is available on the Apple App store or Google Play store. This app acts as an interface for approving and sign transactions. However, it is vital to keep in mind that the device itself doesn’t have an internet connection. This additional layer of security guarantees that the money is safe even if the smartphone is compromised.
In conclusion, the Keystone device is a safe 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 an easy-to-use interface, it’s a fantastic choice for institutions and individuals looking to keep the Bitcoin offline. Its focus on security safety, reliability, and comfort and its single-stop store for all things crypto by supporting 9 different coins as well as 700 tokens and offering the ability to access an inbuilt DApp store, makes it an excellent option for anyone who is who is looking to purchase an electronic wallet.