The Keystone device, previously known in the past as Cobo Wallet, is a hardware wallet that is growing in popularity with institutions and individuals who are looking for secure ways to store their cryptocurrency. Founded on the 17th of January 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 main features of the Keystone device is the air-gapped feature which means it doesn’t have be connected to any internet-connected device. This extra layer of security makes sure that your money is safe from online threats such as hacking or phishing. The device is also open-source this means that the code is made accessible for scrutiny and review and further enhancing 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 simple to use, with a large display screen , which makes it simple to view the entire inventory. The device’s hardware is also more durable than its competitors, ensuring that it will last for an extended period of time. Additionally, the device has a detachable battery pack and this means it can be replaced if it is exhausted. It also features a sleek and easy-to-navigate interface, which makes it usable to all levels of experience.
The procedure for setting up the Keystone device is simple. The device must be turned on, and then a QR code is scanned with the device’s camera through the Keystone website to authenticate the device. Next, a password is set and the conditions of service are negotiated to. Following this, the 24 words seed phrase is then copied down onto the provided booklet of seed phrases or another non-digital media. This seed phrase is crucial to the security of the device, therefore it is crucial that it is kept secure and not taken as in a photo or written on a computer or smartphone.
The device is also connected to the Keystone application, which is available on the Apple App store or Google Play store. This app acts as an interface for approving and verify transactions, however it is vital to keep in mind that the device doesn’t have an internet connection. This extra layer of security guarantees that the money is safe even if your smartphone is compromised.
In the end it is clear that Keystone is a great choice for storing Bitcoin. Keystone device is a safe and solid hardware wallet that provides 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 your Bitcoin offline. Its focus on security safety, reliability, and comfort and its single-stop shop for all things crypto, with support for 9 different currencies, 700 tokens, and giving the ability to access an inbuilt DApp store, makes it a top-notch choice for anyone who is looking to purchase a hardware wallet.