The Keystone device, previously referred to as Cobo Wallet, is a hardware wallet that is gaining popularity with institutions and individuals who seek secure ways to keep their crypto. The company was established 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 major advantages that is unique to Keystone is that the Keystone device is the air-gapped feature which means it doesn’t have to connect to an online device. This added layer of security guarantees that your money is safe from online threats, such as hacking or fraud. The device is also open-source which means that the code is made accessible for inspection and review and further enhancing its security. Furthermore, the device can support multiple cryptocurrencies, including Bitcoin, Bitcoin Cash, Dash, Ethereum, EOS, Litecoin, Polkadot, Tether, and Tron and various ETH, TRON, and EOS digital tokens.
The Keystone device is also simple to use, and has a large display screen that makes it simple to view every asset. The device’s hardware is also more durable than some of its competitors, which means that it will last an extended period of time. In addition, the device comes with a battery pack that can be removed and this means the battery can be easily replaced if it is exhausted. It also features an elegant and user-friendly interface that is suitable for users of all levels of experience.
The setup process for Keystone is simple. The setup process for Keystone device is easy. The device first needs to be switched on and it scans a QR code using the camera of the device through the Keystone website to authenticate the device. After that, a password will be created and the conditions of service are negotiated to. The 24 words seed phrase is then copied down onto the provided seed phrase book or another non-digital media. This seed phrase is crucial for the security of the device therefore it is essential that it is kept secure and not taken as in a photo or written on smartphones or computers.
The device is also connected to the Keystone app, which is available on 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 is not connected to the internet. This additional layer of security guarantees that your funds are secure even if your smartphone is compromised.
In the end, Keystone is a great choice for storing Bitcoin. Keystone device is a safe and reliable hardware wallet that offers an easy-to-use , air-gapped feature. With support for a range of cryptocurrency and an open-source firmware and a user-friendly interface it’s a fantastic choice for institutions and individuals looking to keep their Bitcoin offline. Its focus on security safety, reliability, and comfort as well as its one-stop shop for all things crypto, that supports 9 different coins with 700 tokens, as well as giving the ability to access an inbuilt DApp store makes it an excellent option for anyone who is in the market for hardware wallets.