Keystone is a device that Keystone device, formerly known by the name of Cobo Wallet, is a hardware wallet that is rapidly gaining popularity among individuals and institutions who are looking for secure ways to store their cryptocurrencies. Founded in the year 2017 with the help of Discus Fish and Changhao Jiang, Keystone offers a range of products that are focused on security along with reliability and comfort for its customers.
One of the most important characteristics of the Keystone device is the air-gapped feature which means it doesn’t have to connect to an online device. This additional layer of security makes sure that your money is safe from online threats like hacking or phishing. It is also open source this means that the source code is accessible for scrutiny and review and further enhancing the security of the device. Furthermore, the device can support several cryptocurrencies, such as Bitcoin, Bitcoin Cash, Dash, Ethereum, EOS, Litecoin, Polkadot, Tether, and Tron along with various ETH, TRON, and EOS digital tokens.
The Keystone device is also simple to use, with a large display screen that lets you easily browse every asset. The device’s hardware is also more durable than its rivals, meaning that it will last for many years. In addition, the device comes with a detachable battery pack, which means that it can be replaced when it runs out. The device is also equipped with an elegant and user-friendly interface, which makes it usable to all levels of experience.
The setup process for the Keystone device is easy. The device must be switched on and the QR code is scan by the camera via the Keystone website to authenticate the device. Next, a password is created and the terms of service are negotiated to. Following this, the 24 words seed phrase is then copied onto the seed phrase book or an undigital medium. This seed phrase is essential for the security of the device therefore it is crucial that it is kept safe and never taken in a photo or written on a computer or smartphone.
The device is paired with the Keystone application that is available through the Apple App store or Google Play store. It acts as an interface for approving and sign transactions, but it is vital to keep in mind that the device doesn’t have an internet connection. This additional layer of security guarantees that the money is safe even if your smartphone is compromised.
In the end it is clear that the Keystone device is a safe and solid hardware wallet that provides an easy-to-use air-gapped option. It supports a variety of cryptocurrencies as well as an open-source firmware and a user-friendly interface, it is a great option for both institutions and individuals who want to keep the Bitcoin offline. The device’s emphasis on security as well as reliability and ease of use as well as its one-stop store for all things crypto that supports 9 different coins as well as 700 tokens and giving the ability to access an inbuilt DApp store, makes it a top-notch option for anyone who is looking for an electronic wallet.