Keystone is a device that Keystone device, previously referred to by the name of Cobo Wallet, is a hardware wallet that is growing in popularity among individuals and institutions who are looking for safe ways to store their cryptocurrency. It was founded on the 17th of January 2017 in 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 clients.
One of the main characteristics of Keystone is that the Keystone device is its air-gapped capability which means it doesn’t have be connected to any online device. This added layer of security ensures that the funds are safe from online threats such as hacking or fraud. It is also open source this means that the code is publicly accessible for inspection and review and further enhancing its security. In addition, the device supports various cryptocurrencies, including Bitcoin, Bitcoin Cash, Dash, Ethereum, EOS, Litecoin, Polkadot, Tether, and Tron, as well as various ETH, TRON, and EOS digital tokens.
The Keystone device is also simple to use, and has a large display screen , which allows users to easily view all assets. Its hardware is more durable than its competitors, which means that it lasts for a long time. Furthermore, it has a detachable battery pack 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 that is suitable for users of any level of experience.
The process of setting up the Keystone device is straightforward. First, the device is switched on and a QR code is scanned using the camera of the device through the Keystone website to authenticate the device. After that, a password will be set and the conditions of service are agreed to. After this, the 24 words seed phrase is then written down on the seed phrase book or a non-digital material. This seed phrase is crucial to the device’s security, so it is important that it is kept protected and never used to take by taking a picture or copied onto smartphones or computers.
The device is connected to the Keystone app 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 important to note that the device doesn’t have an internet connection. This added layer of security makes sure that the money is safe even if the smartphone is compromised.
In conclusion, Keystone is a great choice for storing Bitcoin. Keystone device is a safe and solid hardware wallet that provides an easy-to-use air-gapped option. With support for a range of cryptocurrency, an open-source firmware, and a user-friendly interface it’s a fantastic choice for institutions and individuals looking to store your Bitcoin offline. The focus of the device is security as well as reliability and ease of use, along with its one-stop store for all things crypto with support for 9 different currencies with 700 tokens, as well as providing the ability to access an inbuilt DApp store, makes it an outstanding choice for anyone who is looking to purchase an electronic wallet.