The Keystone device, previously known as Cobo Wallet, is a hardware wallet that is gaining popularity among individuals and institutions seeking secure ways to keep their crypto. It was founded in 2017 by Discus Fish and Changhao Jiang, Keystone offers a range of products that focus on security along with reliability and comfort for its clients.
One of the most important advantages that is unique to the Keystone device is the air-gapped feature meaning that it doesn’t have to connect to an internet-connected device. This added layer of security makes sure that the money is protected from online threats such as hacking or fraud. The device is also open-source which means that the code is publicly accessible for scrutiny and review which further enhances its security. In addition, the device supports 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.
Keystone is a great device for business and leisure. Keystone product is very easy to use, with a large screen that allows users to easily view the entire inventory. The device’s hardware is also more durable than its competitors, ensuring that it will last for a long time. Additionally, the device has an unattachable battery this means that the battery can be quickly replaced if it is exhausted. The device also has an attractive and simple-to-use interface, making it suitable for users of all levels of experience.
The setup process for the Keystone device is straightforward. First, the device is powered on and then it scans a QR code by the camera via the Keystone website to authenticate the device. After that, a password will be established and the terms of service are negotiated to. After this, the 24-word seed phrase is copied down onto the provided seed phrase booklet or on an undigital medium. This seed phrase is essential to the security of the device, so it is important that it is kept secure and not taken as by taking a picture or copied onto smartphone or computer.
Additionally, the device is also connected to the Keystone app that is available through the Apple App store or Google Play store. This app acts as an interface for approving 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 money is safe even in the event that the phone is compromised.
In the end, the Keystone product is secure and robust hardware wallet that gives an easy-to-use air-gapped option. With support for a range of cryptocurrency and an open-source firmware and an easy-to-use interface, it’s an excellent choice for both institutions and individuals who want to keep the Bitcoin offline. Its focus on security as well as reliability and ease of use as well as its one-stop shop for everything crypto with support for 9 different currencies as well as 700 tokens and providing the ability to access an inbuilt DApp store, makes it a top-notch choice for anyone looking for hardware wallets.