The Keystone device, previously known in the past as Cobo Wallet, is a hardware wallet that is gaining popularity among individuals and institutions who are looking for safe ways to keep their crypto. Founded in 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 customers.
One of the major advantages that is unique to this Keystone device is the air-gapped feature which means it does not need for an internet-connected device. This extra layer of security ensures that your money is safe from online threats such as hacking or fraud. It is also open source which means that the code is made accessible for scrutiny and review, further increasing its security. 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 very easy to use, with a large display screen that makes it simple to view all assets. Its hardware is more durable than some of its competitors, which means that it will last a long time. Furthermore, it has a battery pack that can be removed this means that it can be replaced when it runs out. The device also has an elegant and user-friendly interface that is accessible to users of all levels of experience.
The procedure for setting up Keystone is simple. The setup process for Keystone device is simple. The device first needs to be switched on and it scans a QR code by the camera through the Keystone website to authenticate the device. Next, a password is created and the conditions of service are agreed upon. After this, the 24 words seed phrase is then copied onto the seed phrase book or another non-digital media. This seed phrase is crucial to the security of the device, therefore it is crucial that it is kept protected and never used to take a picture or typed onto smartphones or computers.
Finally, the device is paired with the Keystone application, which is available on the Apple App store or Google Play store. It acts as an interface to approve and verify transactions, however it is vital to keep in mind that the device is not connected to the internet. This added layer of security ensures that the money is safe even if the smartphone is compromised.
In the end, the Keystone product is safe and solid hardware wallet that provides an air-gapped solution that is easy to use. With support for a range of cryptocurrency, an open-source firmware, and a user-friendly interface it’s a fantastic choice for institutions and individuals looking to store the Bitcoin offline. The device’s emphasis on security as well as reliability and ease of use and its single-stop store for all things crypto by supporting 9 different coins as well as 700 tokens and giving accessibility to the integrated DApp store, makes it a top-notch option for anyone who is in the market for a hardware wallet.