The Keystone device, formerly known as Cobo Wallet, is a hardware wallet that is rapidly gaining popularity with institutions and individuals seeking secure ways to store their cryptocurrency. It was founded on the 17th of January 2017 by 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 customers.
One of the major features of the Keystone device is its air-gapped capability, which means that it doesn’t have to connect to an online device. This extra layer of security guarantees 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 code is publicly available for review and scrutiny, further increasing the security of the device. Furthermore, the device can support various cryptocurrencies, including Bitcoin, Bitcoin Cash, Dash, Ethereum, EOS, Litecoin, Polkadot, Tether and Tron, as well as several ETH, TRON, and EOS digital tokens.
Keystone is a great device for business and leisure. Keystone product is very easy to use, with a large display screen that allows users to easily view all assets. The hardware of the device is more durable than some of its competitors, which means that it lasts for many years. Additionally, the device has an unattachable battery this means that the battery can be quickly removed when it’s full. The device is also equipped with an attractive and simple-to-use interface, making it suitable for users of all levels of experience.
The process of setting up the Keystone device is straightforward. First, the device is switched on and it scans a QR code with the device’s camera on the Keystone website to authenticate the device. Then, a password is set and the terms of service are negotiated to. Following this, the 24-word seed phrase is copied down onto the provided seed phrase book or another non-digital media. This seed phrase is essential to the device’s security, so it is important to ensure it’s protected and never used to take a picture or typed onto smartphone or computer.
Additionally, the device is also connected to the Keystone application available in the Apple App store or Google Play store. It acts as an interface that allows users to approve and sign transactions. However, it is crucial to remember that the device itself doesn’t have an internet connection. This extra layer of security makes sure that the money is safe even if your smartphone is compromised.
In the end it is clear that Keystone’s Keystone device is a secure and robust hardware wallet that gives an easy-to-use , air-gapped feature. With support for a range of cryptocurrency, an open-source firmware, and an easy-to-use interface, it’s an excellent choice for both institutions and individuals who want to store the Bitcoin offline. The focus of the device is security, reliability, and convenience and its single-stop shop for everything crypto by supporting 9 different coins as well as 700 tokens and offering accessibility to the integrated DApp store makes it an excellent choice for anyone who is looking to purchase a hardware wallet.