The Keystone device, previously known by the name of Cobo Wallet, is a hardware wallet that is growing in recognition among institutions and individuals who are looking for safe ways to store their cryptocurrency. It was founded on the 17th of January 2017 in 2017 by Discus Fish and Changhao Jiang, Keystone offers a range of products that focus on security, reliability, and convenience for its customers.
One of the major advantages that is unique to this Keystone device is its air-gapped capability which means it doesn’t need be connected to any online device. This additional layer of security ensures that the money is protected from online threats such as hacking or phishing. The device is also open-source which means that the code is publicly accessible for scrutiny and review, further increasing its security. Additionally, the device supports multiple cryptocurrencies, including Bitcoin, Bitcoin Cash, Dash, Ethereum, EOS, Litecoin, Polkadot, Tether and Tron along with various ETH, TRON, and EOS digital tokens.
The Keystone product is simple to use, thanks to its large display screen , which lets you easily browse every asset. The device’s hardware is also more durable than some of its competitors, which means that it will last for an extended period of time. Furthermore, it has a battery pack that can be removed and this means the battery can be easily replaced if it is exhausted. The device also has an elegant and user-friendly interface, which makes it suitable for users of any level of experience.
The process of setting up the Keystone device is straightforward. First, the device is switched on and the QR code is scan with the device’s camera through the Keystone website to authenticate the device. Then, a password is created and the conditions of service are negotiated to. Following this, the 24-word seed phrase is copied down onto the provided seed phrase booklet or on another non-digital media. The seed phrase is vital for the security of the device so it is important that it is kept protected and never used to take by taking a picture or copied onto a computer or smartphone.
Finally, the device is connected to the Keystone app available in the Apple App store or Google Play store. It acts as an interface to approve and sign transactions. However, it is crucial to remember that the device itself does not have internet connectivity. This extra layer of security makes sure that the funds are safe even in the event that the phone is compromised.
In conclusion it is clear that the Keystone product is safe 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 a user-friendly interface, it’s an excellent choice for individuals and institutions looking to keep their Bitcoin offline. The focus of the device is security safety, reliability, and comfort as well as its one-stop shop for all things crypto, that supports 9 different coins with 700 tokens, as well as giving access to an integrated DApp store makes it a top-notch choice for anyone who is looking to purchase a hardware wallet.