Keystone is a device that Keystone device, formerly known by the name of Cobo Wallet, is a hardware wallet that is gaining popularity among individuals and institutions who seek safe ways to store their cryptocurrencies. It was founded in the year 2017 with the help of Discus Fish and Changhao Jiang, Keystone offers a range of products that focus on security, reliability, and convenience for its clients.
One of the most important advantages that is unique to this Keystone device is its air-gapped capability meaning that it doesn’t need for an online device. This extra layer of security makes sure that the funds are 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 and further enhancing the security of the device. In addition, the device supports various cryptocurrencies, including 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 device is also very easy to use, with a large screen that lets you easily browse every asset. The device’s hardware is also more durable than some of its competitors, which means that it will last for an extended period of time. Additionally, the device has an unattachable battery, which means that the battery can be quickly replaced when it runs out. It also features an elegant and user-friendly interface, which makes it accessible to users of all levels of experience.
The procedure for setting up Keystone is simple. The setup process for Keystone device is easy. The device first needs to be switched on and it scans a QR code using the camera of the device on the Keystone website to authenticate the device. Then, a password is created and the terms of service are negotiated to. Following this, the 24 words seed phrase is then copied onto the seed phrase book or a non-digital material. The seed phrase is vital to the device’s security, therefore it is crucial to ensure it’s safe and never taken by taking a picture or copied onto smartphone or computer.
The device is paired with the Keystone app available in the Apple App store or Google Play store. This app acts as an interface for approving and sign transactions. However, it is important to note that the device itself is not connected to the internet. This added layer of security makes sure that the money is safe even in the event that the phone is compromised.
In the end we can say that the Keystone product is secure and robust hardware wallet that gives an air-gapped solution that is easy to use. With support for multiple cryptocurrencies and an open-source firmware and a user-friendly interface, it is a great option for institutions and individuals looking to keep your Bitcoin offline. The device’s emphasis on security, reliability, and convenience, along with its one-stop shop for everything crypto that supports 9 different coins with 700 tokens, as well as giving access to an integrated DApp store makes it an excellent option for anyone who is looking for hardware wallets.