The Keystone device, formerly known by the name of Cobo Wallet, is a hardware wallet that is rapidly gaining popularity among individuals and institutions who are looking for secure ways to keep their crypto. The company was established in the year 2017 by Discus Fish and Changhao Jiang, Keystone offers a range of products that are focused on security, reliability, and convenience for its clients.
One of the main advantages of this Keystone device is its air-gapped capability meaning that it does not need be connected to any internet-connected device. This extra layer of security guarantees that your money is safe from online threats, such as hacking or phishing. The device is also open-source, which means that the code is publicly accessible for inspection and review and further enhancing its security. 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 gadget is easy to use, with a large screen that makes it simple to view the entire inventory. The hardware of the device is more durable than its rivals, meaning that it will last many years. Additionally, the device has a detachable battery pack, which means that the battery can be easily removed when it’s full. The device is also equipped with an elegant and user-friendly interface that is accessible to users of all experience levels.
The process of setting up the Keystone device is straightforward. The device first needs to be switched on and a QR code is scanned 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 upon. Following this, the 24 words seed phrase is then written down on the seed phrase book or a non-digital material. The seed phrase is vital for the security of the device therefore it is crucial that it is kept safe and never taken in a photo or written on smartphones or computers.
Additionally, the device is paired with the Keystone app available in the Apple App store or Google Play store. This app acts as an interface to approve and verify transactions, however it is important to note that the device does not have internet connectivity. This extra layer of security guarantees that the money is safe even if the smartphone is compromised.
In conclusion, Keystone’s Keystone device is a secure and reliable hardware wallet that offers an air-gapped solution that is easy to use. It supports a variety of cryptocurrencies, an open-source firmware, and an easy-to-use interface, it’s an excellent choice for institutions and individuals looking to store your Bitcoin offline. The focus of the device is security, reliability, and convenience and its single-stop store for all things crypto that supports 9 different coins as well as 700 tokens and giving access to an integrated DApp store makes it a top-notch choice for anyone in the market for an electronic wallet.