The Keystone device, previously referred to as Cobo Wallet, is a hardware wallet that is rapidly gaining popularity among individuals and institutions who are looking for secure methods to store their cryptocurrency. Founded on the 17th of January 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 clients.
One of the main characteristics that is unique to the Keystone device is its air-gapped option, which means that it doesn’t have for an online device. This extra 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 scrutiny and review which further enhances its security. Furthermore, the device can support multiple cryptocurrencies, including 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 device is also simple to use, with a large display screen , which lets you easily browse every asset. The device’s hardware is also more durable than its competitors, ensuring that it lasts for many years. Additionally, the device has a detachable battery pack and this means the battery can be quickly replaced if it is exhausted. The device is also equipped with an attractive and simple-to-use interface, making it suitable for users of all experience levels.
The process of setting up Keystone is simple. The setup process for Keystone device is easy. First, the device is switched on and a QR code is scanned by the camera via the Keystone website to authenticate the device. After that, a password will be set and the terms of service are negotiated to. Following this, the 24-word seed phrase is copied onto the booklet of seed phrases or another non-digital media. This seed phrase is crucial to the device’s security, therefore it is essential to keep it secure and not taken as in a photo or written on a computer or smartphone.
The device is connected to the Keystone application that is available through the Apple App store or Google Play store. The app serves as an interface for approving and sign transactions. However, it is crucial to remember that the device itself does not have internet connectivity. This extra layer of security guarantees that the funds are safe even in the event that the phone is compromised.
In conclusion, Keystone is a great choice for storing Bitcoin. Keystone device is a safe and reliable hardware wallet that offers an easy-to-use air-gapped option. It supports a variety of cryptocurrencies, an open-source firmware, and a user-friendly interface, it’s an excellent choice for institutions and individuals looking to store your Bitcoin offline. The device’s emphasis on security as well as reliability and ease of use, along with its one-stop store for all things crypto by supporting 9 different coins as well as 700 tokens and offering access to an integrated DApp store, makes it an excellent option for anyone who is looking for hardware wallets.