Keystone is a device that Keystone device, previously known in the past as Cobo Wallet, is a hardware wallet that is gaining recognition among institutions and individuals who seek secure ways to store their cryptocurrencies. It was founded on the 17th of January 2017 with the help of Discus Fish and Changhao Jiang, Keystone offers a range of products that are focused on security as well as reliability and ease of use for its clients.
One of the major advantages of the Keystone device is its air-gapped capability, which means that it does not need be connected to any internet-connected device. This added layer of security ensures that the funds are safe from online threats like hacking or the phishing attack. It is also open source this means that the code is publicly accessible for scrutiny and review which further enhances 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, as well as several ETH, TRON, and EOS digital tokens.
The Keystone product is very easy to use, thanks to its large display screen that lets you easily browse every asset. Its hardware is more durable than some of its competitors, which means that it lasts for many years. In addition, the device comes with an unattachable battery and this means the battery can be easily removed when it’s full. The device is also equipped with an elegant and user-friendly interface, making it suitable for users of any level of experience.
The process of setting up Keystone is simple. The setup process for Keystone device is straightforward. The device must be switched on and a QR code is scanned with the device’s camera on the Keystone website to authenticate the device. After that, a password will be established and the terms of service are negotiated to. Following this, the 24-word seed phrase is written down on the seed phrase book or a non-digital material. This seed phrase is essential to the device’s security, so it is important to keep it safe and never taken by taking a picture or copied onto smartphone or computer.
The device is also connected to the Keystone application that is available through the Apple App store or Google Play store. The app serves as an interface that allows users to approve and verify transactions, however it is important to note that the device itself is not connected to the internet. This additional layer of security guarantees that the money is safe even if the smartphone is compromised.
In the end, the Keystone device is a secure and robust hardware wallet that gives an easy-to-use air-gapped option. It supports a variety of cryptocurrencies and an open-source firmware and an easy-to-use interface, it’s an excellent choice for institutions and individuals looking to keep their Bitcoin offline. Its focus on security, reliability, and convenience, along with its one-stop shop for everything crypto by supporting 9 different coins, 700 tokens, and providing the ability to access an inbuilt DApp store makes it a top-notch choice for anyone in the market for hardware wallets.