The Keystone device, formerly known as Cobo Wallet, is a hardware wallet that is rapidly gaining popularity among individuals and institutions who are looking for secure methods to keep their crypto. It was founded in the year 2017 with the help of Discus Fish and Changhao Jiang, Keystone offers a range of products that are focused on security, reliability, and convenience for its customers.
One of the major features 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 extra layer of security ensures that the funds are safe from online threats like hacking or phishing. The device is also open-source which means that the source code is available for review and scrutiny, further increasing the security of the device. Furthermore, the device can support several cryptocurrencies, such as Bitcoin, Bitcoin Cash, Dash, Ethereum, EOS, Litecoin, Polkadot, Tether and Tron along with 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 every asset. The device’s hardware is also more durable than some of its rivals, meaning that it will last for a long time. In addition, the device comes with a battery pack that can be removed and this means it can be replaced when it runs out. It also features an elegant and user-friendly interface, making it suitable for users of any level of experience.
The procedure for setting up the Keystone device is simple. First, the device is turned on, and then a QR code is scanned using the camera of the device through the Keystone website to authenticate the device. Next, a password is 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 another non-digital media. This seed phrase is essential for the security of the device therefore it is essential to ensure it’s protected and never used to take a picture or typed onto smartphone or computer.
Finally, the device is connected to the Keystone application available in the Apple App store or Google Play store. This app acts as an interface that allows users to approve and verify transactions, however it is vital to keep in mind that the device itself is not connected to the internet. This extra layer of security makes sure that the money is safe even if your smartphone is compromised.
In conclusion we can say that Keystone’s Keystone product is secure and reliable hardware wallet that offers an air-gapped solution that is easy to use. It supports a variety of cryptocurrencies, an open-source firmware, and an easy-to-use interface, it’s an excellent choice for individuals and institutions looking to store your Bitcoin offline. Its focus on security as well as reliability and ease of use, along with its one-stop shop for all things crypto, with support for 9 different currencies as well as 700 tokens and giving access to an integrated DApp store makes it an outstanding choice for anyone who is looking to purchase an electronic wallet.