The Keystone device, previously known in the past as Cobo Wallet, is a hardware wallet that is growing in recognition among institutions and individuals seeking secure ways to store their cryptocurrencies. The company was established in 2017 with the help of Discus Fish and Changhao Jiang, Keystone offers a range of products that focus on security, reliability, and convenience for its clients.
One of the major advantages that is unique to the Keystone device is the air-gapped feature which means it does not need be connected to any internet-connected device. This additional layer of security makes sure that the funds are safe from online threats such as hacking or phishing. It is also open source, which means that the source code is accessible for inspection 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 and several ETH, TRON, and EOS digital tokens.
The Keystone device is also easy to use, with a large display screen , which allows users to easily view all assets. Its hardware is more durable than its competitors, which means that it lasts for a long time. In addition, the device comes with an unattachable battery and this means it can be replaced when it runs out. It also features a sleek and easy-to-navigate interface that is accessible to users of all levels of experience.
The procedure for setting up the Keystone device is straightforward. The device must be turned on, and then a QR code is scanned by the camera on the Keystone website to authenticate the device. After that, a password will be created and the conditions of service are agreed upon. Following this, the 24-word seed phrase is copied down onto the provided booklet of seed phrases or an undigital medium. The seed phrase is vital to the security of the device, therefore it is crucial that it is kept safe and never taken in a photo or written on smartphone or computer.
The device is also connected to the Keystone application, which is available on the Apple App store or Google Play store. This app acts as an interface that allows users to approve and sign transactions, but it is vital to keep in mind that the device doesn’t have an internet connection. This extra layer of security makes sure that the funds are safe even in the event that the phone is compromised.
In conclusion, Keystone’s Keystone gadget is secure and reliable hardware wallet that offers an easy-to-use , air-gapped feature. With support for a range of cryptocurrency and an open-source firmware and a user-friendly interface it is a great option for institutions and individuals looking to store the Bitcoin offline. Its focus on security safety, reliability, and comfort and its single-stop shop for everything crypto that supports 9 different coins as well as 700 tokens and offering the ability to access an inbuilt DApp store, makes it an excellent option for anyone who is who is looking to purchase an electronic wallet.