The Keystone device, previously known as Cobo Wallet, is a hardware wallet that is gaining popularity among individuals and institutions who are looking for secure ways to keep their crypto. It was founded in 2017 in 2017 by Discus Fish and Changhao Jiang, Keystone offers a range of products that focus on security, reliability, and convenience for its clients.
One of the major advantages of Keystone is that the Keystone device is its air-gapped option, which means that it doesn’t need to connect to an online device. This extra layer of security ensures that the funds are safe from online threats such as hacking or phishing. It is also open source, which means that the source code is accessible for inspection and review and further enhancing its security. Furthermore, the device can support several cryptocurrencies, such as Bitcoin, Bitcoin Cash, Dash, Ethereum, EOS, Litecoin, Polkadot, Tether and Tron, as well as several ETH, TRON, and EOS digital tokens.
The Keystone device is also easy to use, and has a large display screen , which lets you easily browse all assets. The hardware of the device is more durable than its competitors, ensuring that it lasts for an extended period of time. Additionally, the device has a battery pack that can be removed this means that the battery can be easily replaced when it runs out. It also features a sleek and easy-to-navigate interface, which makes it accessible to users of all experience levels.
The process of setting up the Keystone device is simple. First, the device is turned on, and then a QR code is scanned with the device’s camera through the Keystone website to authenticate the device. Next, a password is created and the terms of service are agreed to. After this, the 24 words seed phrase is then written down on the seed phrase book or an undigital medium. This seed phrase is crucial to the device’s security, so it is important to ensure it’s secure and not taken as in a photo or written on smartphone or computer.
Finally, the device is also connected to the Keystone application that is available through the Apple App store or Google Play store. The app serves as an interface that allows users to approve and sign transactions, but it is vital to keep in mind that the device is not connected to the internet. This additional layer of security ensures that the money is safe even if the smartphone is compromised.
In the end we can say that Keystone’s Keystone product is secure and solid hardware wallet that provides an air-gapped solution that is easy to use. With support for multiple cryptocurrencies as well as an open-source firmware and an easy-to-use interface, it is a great option for individuals and institutions looking to keep their Bitcoin offline. The device’s emphasis on security, reliability, and convenience as well as its one-stop shop for all things crypto, with support for 9 different currencies as well as 700 tokens and providing the ability to access an inbuilt DApp store, makes it an outstanding choice for anyone in the market for hardware wallets.