The Keystone device, previously known in the past as Cobo Wallet, is a hardware wallet that is growing in popularity among individuals and institutions seeking safe ways to keep their crypto. The company was established in 2017 by 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 most important features that is unique to Keystone is that the Keystone device is the air-gapped feature which means it doesn’t have 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 which further enhances its security. Furthermore, the device can support multiple cryptocurrencies, including Bitcoin, Bitcoin Cash, Dash, Ethereum, EOS, Litecoin, Polkadot, Tether, and Tron along with a number of ETH, TRON, and EOS digital tokens.
The Keystone product is very easy to use, and has a large display screen that lets you easily browse all assets. Its hardware is more durable than some of its competitors, ensuring that it lasts for a long time. Furthermore, it has a detachable battery pack this means that it can be replaced when it runs out. The device also has a sleek and easy-to-navigate interface, making it usable to any level of experience.
The setup process for keystone Keystone device is straightforward. The device must be switched on and the QR code is scan using the camera of the device through the Keystone website to authenticate the device. Then, a password is set and the conditions of service are negotiated to. Following this, the 24 words seed phrase is then 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 essential to ensure it’s secure and not taken as in a photo or written on smartphones or computers.
Finally, the device is also connected to the Keystone application, which is available on the Apple App store or Google Play store. The app serves as an interface for approving and sign transactions, but it is important to note that the device itself does not have internet connectivity. This added layer of security guarantees that the funds are safe even if the smartphone is compromised.
In the end it is clear that Keystone’s Keystone device is a secure and reliable hardware wallet that offers an easy-to-use air-gapped option. It supports a variety of cryptocurrencies, an open-source firmware, and a user-friendly interface, it is a great option for institutions and individuals looking to keep your Bitcoin offline. The focus of the device is security safety, reliability, and comfort, along with its one-stop shop for all things crypto, by supporting 9 different coins as well as 700 tokens and giving the ability to access an inbuilt DApp store makes it a top-notch choice for anyone looking for a hardware wallet.