The Keystone device, formerly known as Cobo Wallet, is a hardware wallet that is growing in popularity among individuals and institutions who seek secure methods to keep their crypto. The company was established in the year 2017 with the help of 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 customers.
One of the main features that is unique to Keystone is that the Keystone device is the air-gapped feature, which means that it doesn’t need for an online device. This added layer of security makes sure that the funds are safe from online threats like hacking or fraud. The device is also open-source, which means that the source code is accessible for scrutiny and review and further enhancing the security of the device. In addition, the device supports various cryptocurrencies, including 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 easy to use, and has 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 lasts for many years. Furthermore, it has an unattachable battery, which means that the battery can be easily replaced if it is exhausted. The device also has an elegant and user-friendly interface, which makes it accessible to users of any level of experience.
The process of setting up the Keystone device is straightforward. The device first needs to be turned on, and then a QR code is scanned with the device’s camera on the Keystone website to authenticate the device. After that, a password will be set and the terms of service are agreed upon. After this, the 24 words seed phrase is then written down on the seed phrase booklet or on a non-digital material. This seed phrase is crucial to the device’s security, so it is important to ensure it’s safe and never taken in a photo or written on smartphones or computers.
Finally, the device is also connected to the Keystone application available in the Apple App store or Google Play store. The app serves as an interface to approve and sign transactions, but it is vital to keep in mind that the device itself is not connected to the internet. This extra layer of security guarantees that the funds are safe even in the event that the phone is compromised.
In conclusion, the Keystone device is a safe and reliable hardware wallet that offers an easy-to-use air-gapped option. With support for multiple cryptocurrencies as well as an open-source firmware and an easy-to-use interface, it is a great option for individuals and institutions looking to keep their Bitcoin offline. The focus of the device is security as well as reliability and ease of use and its single-stop shop for all things crypto, that supports 9 different coins as well as 700 tokens and providing the ability to access an inbuilt DApp store, makes it a top-notch option for anyone who is who is looking to purchase an electronic wallet.