The Keystone device, previously known by the name of Cobo Wallet, is a hardware wallet that is growing in popularity among individuals and institutions who are looking for secure ways to store their cryptocurrency. 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 clients.
One of the major characteristics of this Keystone device is its air-gapped option, which means that it does not need to connect to an internet-connected device. This added layer of security ensures that your money is safe from online threats, such as hacking or the phishing attack. It is also open source this means that the code is publicly accessible for scrutiny and review, further increasing its security. In addition, the device supports multiple cryptocurrencies, including Bitcoin, Bitcoin Cash, Dash, Ethereum, EOS, Litecoin, Polkadot, Tether and Tron along with various ETH, TRON, and EOS digital tokens.
Keystone is a great device for business and leisure. Keystone device is also very easy to use, thanks to its large screen that lets you easily browse all assets. The hardware of the device is more durable than some of its competitors, ensuring that it will last a long time. Additionally, the device has a detachable battery pack and this means the battery can be quickly replaced if it is exhausted. The device also has an elegant and user-friendly interface that is accessible to users of all levels of experience.
The procedure for setting up the Keystone device is simple. The device must be powered on and then it scans a QR code using the camera of the device via the Keystone website to authenticate the device. After that, a password will be created and the terms of service are agreed 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 crucial to the security of the device, therefore it is essential that it is kept secure and not taken as in a photo or written on smartphone or computer.
Finally, the device is connected to the Keystone app that is available through the Apple App store or Google Play store. It acts as an interface to approve and sign transactions, but it is crucial to remember that the device itself does not have internet connectivity. This extra layer of security ensures that the money is safe even if the smartphone is compromised.
In conclusion it is clear that Keystone’s Keystone gadget is safe and solid hardware wallet that provides an easy-to-use air-gapped option. With support for multiple cryptocurrencies, an open-source firmware, and an easy-to-use interface, it is a great option for both institutions and individuals who want to keep their Bitcoin offline. The device’s emphasis on security as well as reliability and ease of use, along with its one-stop shop for all things crypto, by supporting 9 different coins as well as 700 tokens and giving the ability to access an inbuilt DApp store, makes it a top-notch option for anyone who is who is looking to purchase a hardware wallet.