The Keystone device, previously referred to in the past as Cobo Wallet, is a hardware wallet that is gaining popularity with institutions and individuals who seek secure ways to store their cryptocurrencies. Founded on the 17th of January 2017 by Discus Fish and Changhao Jiang, Keystone offers a range of products that focus on security along with reliability and comfort for its customers.
One of the main characteristics in Keystone is that the Keystone device is its air-gapped capability meaning that it doesn’t need for an online device. This additional layer of security guarantees 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, further increasing its security. In addition, the device supports several cryptocurrencies, such as Bitcoin, Bitcoin Cash, Dash, Ethereum, EOS, Litecoin, Polkadot, Tether and Tron, as well as various ETH, TRON, and EOS digital tokens.
The Keystone product is very easy to use, and has a large display screen that allows users to easily view every asset. The device’s hardware is also more durable than its rivals, meaning that it will last an extended period of time. In addition, the device comes with a battery pack that can be removed this means that the battery can be quickly replaced if it is exhausted. The device is also equipped with an elegant and user-friendly interface that is suitable for 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 the QR code is scan with the device’s camera via the Keystone website to authenticate the device. After that, a password will be created and the terms of service are negotiated to. Following this, the 24 words seed phrase is then copied down onto the provided seed phrase book or a non-digital material. This seed phrase is essential for the security of the device so it is important that it is kept secure and not taken as by taking a picture or copied onto smartphone or computer.
Finally, the device is paired with the Keystone application available in the Apple App store or Google Play store. This app acts as an interface for approving and sign transactions, but it is vital to keep in mind that the device itself does not have internet connectivity. This extra layer of security ensures that the funds are safe even if your smartphone is compromised.
In conclusion, Keystone is a great choice for storing Bitcoin. Keystone product is secure and solid hardware wallet that provides an air-gapped solution that is easy to use. With support for a range of cryptocurrency and an open-source firmware and a user-friendly interface, it’s an excellent choice for institutions and individuals looking to keep their Bitcoin offline. Its focus on security, reliability, and convenience and its single-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 excellent choice for anyone looking for an electronic wallet.