The Keystone device, formerly known by the name of Cobo Wallet, is a hardware wallet that is gaining recognition among institutions and individuals who are looking for secure methods to keep their crypto. Founded in 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 main advantages that is unique to the Keystone device is the air-gapped feature which means it does not need be connected to any online device. This extra layer of security ensures that the funds are 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 the security of the device. In addition, the device supports multiple cryptocurrencies, including Bitcoin, Bitcoin Cash, Dash, Ethereum, EOS, Litecoin, Polkadot, Tether, and Tron and several ETH, TRON, and EOS digital tokens.
The Keystone product is easy to use, with a large display screen that allows users to easily view every asset. The hardware of the device is more durable than some of its competitors, which means that it lasts for many years. In addition, the device comes with a battery pack that can be removed, which means that the battery can be quickly replaced if it is exhausted. The device also has an attractive and simple-to-use interface, making it suitable for users of any level of experience.
The procedure for setting up the 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. After that, a password will be created and the terms of service are negotiated to. The 24-word seed phrase is copied down onto the provided seed phrase booklet or on a non-digital material. This seed phrase is essential to the device’s security, therefore it is crucial to keep it protected and never used to take a picture or typed onto a computer or smartphone.
Additionally, the device is also connected to the Keystone app that is available through the Apple App store or Google Play store. This app acts as an interface that allows users to approve and sign transactions. However, it is crucial to remember that the device is not connected to the internet. This extra layer of security makes sure that your funds are secure even if the smartphone is compromised.
In conclusion, the Keystone product is safe and solid hardware wallet that provides an easy-to-use air-gapped option. With support for a range of cryptocurrency and an open-source firmware and a user-friendly interface, it’s an excellent choice for individuals and institutions looking to keep your Bitcoin offline. Its focus on security as well as reliability and ease of use as well as its one-stop shop for everything crypto with support for 9 different currencies with 700 tokens, as well as giving the ability to access an inbuilt DApp store, makes it a top-notch option for anyone who is in the market for a hardware wallet.