The Keystone device, previously known as Cobo Wallet, is a hardware wallet that is growing in recognition among institutions and individuals seeking secure methods to keep their crypto. The company was established in 2017 by Discus Fish and Changhao Jiang, Keystone offers a range of products that are focused on security, reliability, and convenience for its clients.
One of the most important advantages that is unique to Keystone is that the Keystone device is its air-gapped capability, which means that 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 the phishing attack. It is also open source, which means that the code is publicly accessible for scrutiny and review, further increasing the security of the device. Furthermore, the device can support multiple cryptocurrencies, including Bitcoin, Bitcoin Cash, Dash, Ethereum, EOS, Litecoin, Polkadot, Tether, and Tron along with several ETH, TRON, and EOS digital tokens.
The Keystone device is also easy to use, with a large screen that lets you easily browse the entire inventory. Its hardware is more durable than its competitors, ensuring that it will last for an extended period of time. In addition, the device comes with a battery pack that can be removed, which means that the battery can be quickly replaced if it is exhausted. The device also has a sleek and easy-to-navigate interface, making it suitable for users of any level of experience.
The procedure for setting up Keystone is simple. The setup process for Keystone device is simple. The device must be switched on and it scans a QR code 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 agreed upon. After this, the 24 words seed phrase is then copied down onto the provided seed phrase booklet or on a non-digital material. This seed phrase is crucial to the device’s security, therefore it is essential that it is kept protected and never used to take a picture or typed onto a computer or smartphone.
Finally, the device is connected to the Keystone app that is available through the Apple App store or Google Play store. This app acts as an interface to approve and verify transactions, however it is important to note that the device does not have internet connectivity. This extra layer of security guarantees that the money is safe even if your smartphone is compromised.
In conclusion, Keystone’s Keystone product is secure and robust hardware wallet that gives an easy-to-use , air-gapped feature. With support for a range of cryptocurrency, an open-source firmware, and an easy-to-use interface, it is a great option for individuals and institutions looking to store the Bitcoin offline. The focus of the device is security safety, reliability, and comfort, along with its one-stop store for all things crypto by supporting 9 different coins, 700 tokens, and providing accessibility to the integrated DApp store makes it an excellent choice for anyone in the market for an electronic wallet.