The Keystone device, previously referred to by the name of Cobo Wallet, is a hardware wallet that is growing in popularity among individuals and institutions who seek safe ways to keep their crypto. Founded in 2017 by Discus Fish and Changhao Jiang, Keystone offers a range of products that concentrate on security, reliability, and convenience for its customers.
One of the most important advantages that is unique to this Keystone device is the air-gapped feature which means it does not need be connected to any internet-connected device. This added layer of security guarantees that your money is safe from online threats like hacking or fraud. It is also open source, which means that the source code is accessible for inspection and review and further enhancing the security of the device. In addition, the device supports multiple cryptocurrencies, including 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 display screen that allows users to easily view every asset. Its hardware is more durable than its competitors, ensuring that it will last a long time. Furthermore, it has an unattachable battery this means that it can be removed when it’s full. It also features an elegant and user-friendly interface that is accessible to users of all levels of experience.
The setup process for the Keystone device is easy. First, the device is turned on, and then it scans a QR code with the device’s camera through the Keystone website to authenticate the device. Next, a password is created and the terms of service are negotiated to. Following this, the 24-word seed phrase is copied down onto the provided seed phrase book or an undigital medium. The seed phrase is vital to the security of the device, therefore it is crucial to keep it safe and never taken in a photo or written on a computer or smartphone.
The device is paired with the Keystone app, which is available on the Apple App store or Google Play store. It acts as an interface that allows users to approve and sign transactions. However, it is vital to keep in mind that the device itself doesn’t have an internet connection. This extra layer of security makes sure that your funds are secure even if the smartphone is compromised.
In the end we can say that Keystone’s Keystone product is safe and robust hardware wallet that gives an easy-to-use , air-gapped feature. With support for a range of cryptocurrency and an open-source firmware and a user-friendly interface, it is a great option for both institutions and individuals who want to keep the Bitcoin offline. The focus of the device is security as well as reliability and ease of use and its single-stop shop for everything crypto that supports 9 different coins as well as 700 tokens and giving the ability to access an inbuilt DApp store, makes it an outstanding choice for anyone who is looking to purchase an electronic wallet.