The Keystone device, previously referred to as Cobo Wallet, is a hardware wallet that is gaining popularity with institutions and individuals who are looking for secure ways to store their cryptocurrency. Founded in 2017 with the help of Discus Fish and Changhao Jiang, Keystone offers a range of products that are focused on security, reliability, and convenience for its customers.
One of the major characteristics that is unique to Keystone is that the Keystone device is its air-gapped capability, which means that it doesn’t need be connected to any internet-connected device. This extra layer of security ensures that your money is safe from online threats like hacking or fraud. The device is also open-source which means that the source code is accessible for inspection and review, further increasing its security. In addition, the device supports several cryptocurrencies, such as Bitcoin, Bitcoin Cash, Dash, Ethereum, EOS, Litecoin, Polkadot, Tether and Tron and a number of ETH, TRON, and EOS digital tokens.
The Keystone device is also simple to use, thanks to its large display screen , which makes it simple to view all assets. The device’s hardware is also more durable than its competitors, ensuring that it will last many years. In addition, the device comes with an unattachable battery, which means that the battery can be quickly replaced if it is exhausted. It also features a sleek and easy-to-navigate interface that is usable to all levels of experience.
The process of setting up the Keystone device is straightforward. First, the device is turned on, and then a QR code is scanned using the camera of the device via the Keystone website to authenticate the device. Then, a password is created and the terms of service are negotiated to. The 24 words seed phrase is then copied down onto the provided seed phrase booklet or on another non-digital media. The seed phrase is vital to the security of the device, therefore it is essential that it is kept safe and never taken by taking a picture or copied onto smartphone or computer.
The device is paired with the Keystone application that is available through the Apple App store or Google Play store. It 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 additional layer of security makes sure that the money is safe even if the smartphone is compromised.
In the end it is clear that Keystone’s Keystone product is safe and reliable hardware wallet that offers an air-gapped solution that is easy to use. It supports a variety of cryptocurrencies as well as an open-source firmware and a user-friendly interface, it’s a fantastic choice for individuals and institutions looking to store your Bitcoin offline. The focus of the device is security safety, reliability, and comfort as well as its one-stop shop for all things crypto, with support for 9 different currencies as well as 700 tokens and giving 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.