The Keystone device, previously known by the name of Cobo Wallet, is a hardware wallet that is gaining popularity with institutions and individuals who are looking for secure ways to keep their crypto. Founded on the 17th of January 2017 with the help of Discus Fish and Changhao Jiang, Keystone offers a range of products that concentrate on security along with reliability and comfort for its clients.
One of the main features of this Keystone device is its air-gapped option, which means that it does not need to connect to an online device. This added layer of security makes sure that the money is protected from online threats like hacking or the phishing attack. The device is also open-source this means that the code is made accessible for scrutiny and review which further enhances its security. In addition, the device supports several cryptocurrencies, such as Bitcoin, Bitcoin Cash, Dash, Ethereum, EOS, Litecoin, Polkadot, Tether, and Tron, as well as various ETH, TRON, and EOS digital tokens.
The Keystone product is very easy to use, and has a large screen that makes it simple to view every asset. Its hardware is more durable than its competitors, which means that it will last an extended period of time. In addition, the device comes with an unattachable battery this means that it can be replaced when it runs out. The device also has an attractive and simple-to-use interface that is usable to all experience levels.
The procedure for setting up Keystone is simple. The setup process for Keystone device is simple. The device first needs to be powered on and then the QR code is scan using the camera of the device through the Keystone website to authenticate the device. Then, a password is created and the terms of service are agreed upon. After this, the 24-word seed phrase is copied onto the seed phrase booklet or on another non-digital media. The seed phrase is vital for the security of the device therefore it is crucial to keep it safe and never taken by taking a picture or copied onto a computer or smartphone.
The device is connected to the Keystone application, which is available on the Apple App store or Google Play store. This app acts as an interface to approve and sign transactions. However, it is crucial to remember that the device itself is not connected to the internet. This extra layer of security guarantees that the funds are safe even if the smartphone is compromised.
In conclusion we can say that Keystone’s Keystone device is a secure and reliable hardware wallet that offers an easy-to-use air-gapped option. With support for a range of cryptocurrency as well as an open-source firmware and a user-friendly interface it is a great option for individuals and institutions looking to store the Bitcoin offline. The device’s emphasis on security safety, reliability, and comfort, along with its one-stop shop for all things crypto, by supporting 9 different coins with 700 tokens, as well as giving access to an integrated DApp store makes it an excellent choice for anyone who is looking to purchase a hardware wallet.