The Keystone device, previously referred to in the past 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 with the help of Discus Fish and Changhao Jiang, Keystone offers a range of products that focus on security, reliability, and convenience for its customers.
One of the major features in this Keystone device is the air-gapped feature which means it doesn’t have for an internet-connected device. This additional layer of security ensures that the funds are safe from online threats, such as hacking or the phishing attack. The device is also open-source this means that the code is made accessible for inspection and review, further increasing its security. Additionally, the device supports several cryptocurrencies, such as Bitcoin, Bitcoin Cash, Dash, Ethereum, EOS, Litecoin, Polkadot, Tether, and Tron along with several ETH, TRON, and EOS digital tokens.
Keystone is a great device for business and leisure. Keystone product is simple to use, with a large display screen that allows users to easily view all assets. Its hardware is more durable than some of its rivals, meaning that it lasts for a long time. Furthermore, it has a battery pack that can be removed and this means the battery can be quickly replaced when it runs out. It also features an elegant and user-friendly interface that is accessible to users of any level of experience.
The process of setting up Keystone is simple. The setup process for Keystone device is easy. First, the device is powered on and then it scans a QR code using the camera of the device via the Keystone website to authenticate the device. Next, a password is created and the conditions of service are agreed to. After this, the 24 words seed phrase is then written down on the booklet of seed phrases or another non-digital media. The seed phrase is vital to the device’s security, therefore it is crucial that it is kept safe and never taken a picture or typed onto smartphones or computers.
Finally, the device is also connected to the Keystone app available in the Apple App store or Google Play store. It acts as an interface for approving and sign transactions. However, it is crucial to remember that the device is not connected to the internet. This additional layer of security ensures that the money is safe even if the smartphone is compromised.
In the end, the Keystone device is a safe and solid hardware wallet that provides an air-gapped solution that is easy to use. With support for multiple cryptocurrencies and an open-source firmware and a user-friendly interface, it’s an excellent choice for both institutions and individuals who want to keep your Bitcoin offline. Its focus on security as well as reliability and ease of use as well as its one-stop store for all things crypto with support for 9 different currencies with 700 tokens, as well as giving the ability to access an inbuilt DApp store makes it an excellent choice for anyone who is looking to purchase an electronic wallet.