The Keystone device, previously known by the name of Cobo Wallet, is a hardware wallet that is rapidly gaining popularity with institutions and individuals who are looking for secure methods to store their cryptocurrency. Founded on the 17th of January 2017 with the help of Discus Fish and Changhao Jiang, Keystone offers a range of products that focus 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 its air-gapped capability which means it does not need be connected to any online device. This additional layer of security ensures 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 available for review and scrutiny which further enhances its security. Furthermore, the device can support various cryptocurrencies, including Bitcoin, Bitcoin Cash, Dash, Ethereum, EOS, Litecoin, Polkadot, Tether and Tron, as well as various ETH, TRON, and EOS digital tokens.
Keystone is a great device for business and leisure. Keystone product is easy to use, and has a large screen that lets you easily browse every asset. Its hardware is more durable than some of its competitors, ensuring that it lasts for a long time. Furthermore, it has a battery pack that can be removed this means that the battery can be quickly removed when it’s full. It also features a sleek and easy-to-navigate interface, making it accessible to users of all levels of experience.
The process of setting up Keystone is simple. The setup process for Keystone device is straightforward. The device must be turned on, and then it scans a QR code using the camera of the device via the Keystone website to authenticate the device. Then, a password is set and the terms of service are negotiated to. Following this, the 24-word seed phrase is copied onto 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 secure and not taken as in a photo or written on 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 to approve and sign transactions, but it is crucial to remember that the device does not have internet connectivity. This added layer of security ensures that your funds are secure even if your smartphone is compromised.
In the end it is clear that the Keystone device is a safe and reliable hardware wallet that offers an air-gapped solution that is easy to use. With support for a range of cryptocurrency as well as an open-source firmware and a user-friendly interface it’s a fantastic choice for individuals and institutions looking to store their Bitcoin offline. The focus of the device is security, reliability, and convenience as well as its one-stop shop for everything crypto that supports 9 different coins with 700 tokens, as well as giving access to an integrated DApp store, makes it an outstanding choice for anyone who is looking to purchase a hardware wallet.