The Keystone device, previously referred to as Cobo Wallet, is a hardware wallet that is gaining popularity among individuals and institutions seeking safe ways to store their cryptocurrencies. It was founded in the year 2017 by Discus Fish and Changhao Jiang, Keystone offers a range of products that are focused on security, reliability, and convenience for its clients.
One of the major advantages that is unique to this Keystone device is its air-gapped capability, which means that it doesn’t need for an internet-connected device. This added layer of security guarantees that the funds are safe from online threats such as hacking or fraud. The device is also open-source this means that the source code is accessible for inspection and review which further enhances the security of the device. Furthermore, the device can support various cryptocurrencies, including Bitcoin, Bitcoin Cash, Dash, Ethereum, EOS, Litecoin, Polkadot, Tether and Tron and various ETH, TRON, and EOS digital tokens.
The Keystone device is also very easy to use, and has a large display screen that makes it simple to view every asset. The hardware of the device is more durable than some of its competitors, ensuring that it will last for many years. Furthermore, it has a battery pack that can be removed this means that it can be removed when it’s full. It also features a sleek and easy-to-navigate interface that is suitable for users of all experience levels.
The process of setting up keystone Keystone device is simple. The device first needs to be switched on and it scans a QR code using the camera of the device via the Keystone website to authenticate the device. Then, a password is created and the conditions of service are agreed upon. After this, the 24-word seed phrase is written down on the seed phrase booklet or on an undigital medium. This seed phrase is crucial to the security of the device, therefore it is crucial to keep it secure and not taken as in a photo or written on smartphone or computer.
The device is also connected to the Keystone app that is available through the Apple App store or Google Play store. The app serves as an interface for approving and sign transactions, but it is crucial to remember that the device doesn’t have an internet connection. This additional layer of security ensures that the money is safe even if the smartphone is compromised.
In the end we can say that Keystone’s Keystone product is secure and reliable hardware wallet that offers an easy-to-use air-gapped option. With support for multiple cryptocurrencies and an open-source firmware and an easy-to-use interface, it’s an excellent choice for institutions and individuals looking to store their Bitcoin offline. The focus of the device is security safety, reliability, and comfort and its single-stop shop for all things crypto, with support for 9 different currencies with 700 tokens, as well as giving access to an integrated DApp store, makes it an outstanding option for anyone who is looking for hardware wallets.