Keystone is a device that Keystone device, previously known as Cobo Wallet, is a hardware wallet that is gaining popularity among individuals and institutions who seek secure ways to keep their crypto. 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 along with reliability and comfort for its customers.
One of the most important features that is unique to the Keystone device is the air-gapped feature, which means that it doesn’t need be connected to any online device. This extra layer of security makes sure that your money is safe from online threats like hacking or phishing. The device is also open-source, which means that the source code is available for review and scrutiny and further enhancing its security. Furthermore, the device can support several cryptocurrencies, such as Bitcoin, Bitcoin Cash, Dash, Ethereum, EOS, Litecoin, Polkadot, Tether and Tron and several ETH, TRON, and EOS digital tokens.
The Keystone device is also very easy to use, with a large screen that lets you easily browse all assets. The hardware of the device is more durable than some of its competitors, ensuring that it will last a long time. In addition, the device comes with a battery pack that can be removed and this means the battery can be quickly replaced if it is exhausted. It also features a sleek and easy-to-navigate interface, making it suitable for users of any level of experience.
The setup process for the Keystone device is straightforward. The device first needs to be switched on and a QR code is scanned by the camera on the Keystone website to authenticate the device. After that, a password will be set and the conditions of service are negotiated to. The 24-word seed phrase is written down on the seed phrase booklet or on another non-digital media. This seed phrase is essential to the device’s security, therefore it is crucial to ensure it’s secure and not taken as by taking a picture or copied onto a computer or smartphone.
Finally, the device is also connected to the Keystone app, which is available on the Apple App store or Google Play store. It acts as an interface to approve and sign transactions, but it is important to note that the device doesn’t have an internet connection. This added layer of security makes sure that your funds are secure even in the event that the phone is compromised.
In conclusion, Keystone’s Keystone product is safe and solid hardware wallet that provides an easy-to-use air-gapped option. With support for a range of cryptocurrency, an open-source firmware, and an easy-to-use interface, it is a great option for institutions and individuals looking to keep the Bitcoin offline. The focus of the device is security as well as reliability and ease of use and its single-stop shop for everything crypto by supporting 9 different coins as well as 700 tokens and providing the ability to access an inbuilt DApp store, makes it an outstanding option for anyone who is who is looking to purchase hardware wallets.