The Keystone device, previously referred to by the name of Cobo Wallet, is a hardware wallet that is gaining popularity among individuals and institutions who are looking for 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 advantages of this Keystone device is its air-gapped option which means it doesn’t need for an internet-connected device. This additional layer of security guarantees that the money is protected from online threats, such as hacking or phishing. The device is also open-source this means that the source code is accessible for inspection and review, further increasing the security of the device. Additionally, the device supports several cryptocurrencies, such as Bitcoin, Bitcoin Cash, Dash, Ethereum, EOS, Litecoin, Polkadot, Tether and Tron and several ETH, TRON, and EOS digital tokens.
The Keystone product is very easy to use, and has a large screen that makes it simple to view all assets. Its hardware is more durable than its competitors, ensuring that it will last an extended period of time. Furthermore, it has a battery pack that can be removed and this means the battery can be easily removed when it’s full. The device is also equipped with an attractive and simple-to-use interface, making it usable to any level of experience.
The process of setting up the Keystone device is easy. The device first needs to be powered 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 established and the terms of service are negotiated to. The 24 words seed phrase is then copied down onto the provided booklet of seed phrases or an undigital medium. This seed phrase is crucial to the device’s security, therefore it is crucial to ensure it’s protected and never used to take in a photo or written on a computer or smartphone.
Finally, the device is also connected to the Keystone app that is available through the Apple App store or Google Play store. The app serves as an interface to approve and sign transactions, but it is important to note that the device does not have internet connectivity. This additional layer of security guarantees that the money is safe even if the smartphone is compromised.
In conclusion we can say that the Keystone product is safe and robust hardware wallet that gives an air-gapped solution that is easy to use. It supports a variety of cryptocurrencies and an open-source firmware and an easy-to-use interface, it is a great option for both institutions and individuals who want to store the Bitcoin offline. The focus of the device is security safety, reliability, and comfort and its single-stop shop for everything crypto that supports 9 different coins, 700 tokens, and offering accessibility to the integrated DApp store, makes it an outstanding option for anyone who is looking for a hardware wallet.