Keystone is a device that Keystone device, formerly known in the past as Cobo Wallet, is a hardware wallet that is rapidly gaining recognition among institutions and individuals who seek 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 as well as reliability and ease of use for its customers.
One of the major features in the Keystone device is its air-gapped option, which means that it does not need for an online device. This additional layer of security ensures that the money is protected from online threats such as hacking or the phishing attack. The device is also open-source, which means that the code is publicly accessible for inspection and review which further enhances the security of the device. Furthermore, the device can support several cryptocurrencies, such as Bitcoin, Bitcoin Cash, Dash, Ethereum, EOS, Litecoin, Polkadot, Tether, and Tron and a number of ETH, TRON, and EOS digital tokens.
The Keystone device is also simple to use, with a large screen that allows users to easily view all assets. The device’s hardware is also more durable than its competitors, ensuring that it lasts for a long time. Furthermore, it has a battery pack that can be removed, which means that it can be replaced when it runs out. It also features an elegant and user-friendly interface that is usable to any level of experience.
The setup process for keystone Keystone device is straightforward. The device first needs to be switched on and the QR code is scan using the camera of the device on the Keystone website to authenticate the device. Then, a password is established and the conditions of service are agreed upon. Following this, the 24 words seed phrase is then copied down onto the provided seed phrase book or another non-digital media. The seed phrase is vital to the security of the device, so it is important to keep it secure and not taken as in a photo or written on smartphones or computers.
Finally, the device is also connected to the Keystone app, which is available on the Apple App store or Google Play store. The app serves as an interface that allows users to approve and sign transactions. However, it is important to note that the device doesn’t have an internet connection. This extra layer of security ensures that the money is safe even in the event that the phone is compromised.
In the end we can say that Keystone’s Keystone device is a secure and reliable hardware wallet that offers an air-gapped solution that is easy to use. It supports a variety of cryptocurrencies as well as an open-source firmware and a user-friendly interface it’s an excellent choice for individuals and institutions looking to store their Bitcoin offline. The device’s emphasis on security as well as reliability and ease of use and its single-stop shop for all things crypto, with support for 9 different currencies as well as 700 tokens and offering the ability to access an inbuilt DApp store makes it an outstanding option for anyone who is in the market for hardware wallets.