The Keystone device, previously known as Cobo Wallet, is a hardware wallet that is growing in popularity among individuals and institutions seeking safe ways to store their cryptocurrency. Founded on the 17th of January 2017 in 2017 by Discus Fish and Changhao Jiang, Keystone offers a range of products that concentrate on security as well as reliability and ease of use for its clients.
One of the major advantages that is unique to the Keystone device is its air-gapped capability meaning that it doesn’t have be connected to any internet-connected device. This additional 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 and further enhancing the security of the device. Additionally, the device supports various cryptocurrencies, including Bitcoin, Bitcoin Cash, Dash, Ethereum, EOS, Litecoin, Polkadot, Tether and Tron and a number of ETH, TRON, and EOS digital tokens.
The Keystone device is also simple to use, thanks to its large screen that makes it simple to view the entire inventory. The hardware of the device is more durable than its competitors, which means that it lasts for many years. Additionally, the device has a detachable battery pack, which means that it can be removed when it’s full. It also features a sleek and easy-to-navigate interface, making it accessible to users of all experience levels.
The procedure for setting up the Keystone device is easy. The device must be switched on and the QR code is scan by the camera through the Keystone website to authenticate the device. Next, a password is created and the conditions of service are negotiated to. Following this, the 24 words seed phrase is then written down on 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 that it is kept safe and never taken by taking a picture or copied onto smartphone or computer.
Additionally, the device is paired with 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 is not connected to the internet. This additional layer of security ensures that your funds are secure even in the event that the phone is compromised.
In the end we can say that Keystone is a great choice for storing Bitcoin. Keystone product is secure and solid hardware wallet that provides an air-gapped solution that is easy to use. It supports a variety of cryptocurrencies as well as an open-source firmware and a user-friendly interface it’s a fantastic choice for both institutions and individuals who want to store your Bitcoin offline. The focus of the device is security, reliability, and convenience and its single-stop shop for everything crypto that supports 9 different coins with 700 tokens, as well as offering access to an integrated DApp store makes it a top-notch choice for anyone in the market for an electronic wallet.