The Keystone device, formerly known as Cobo Wallet, is a hardware wallet that is rapidly gaining popularity with institutions and individuals seeking secure methods to keep their crypto. It was founded in 2017 in 2017 by Discus Fish and Changhao Jiang, Keystone offers a range of products that concentrate on security as well as reliability and ease of use for its customers.
One of the most important advantages that is unique to Keystone is that the Keystone device is the air-gapped feature meaning that it doesn’t have to connect to an internet-connected device. This additional layer of security ensures that the funds are safe from online threats, such as hacking or fraud. It is also open source, which means that the source code is accessible for inspection and review, further increasing its security. Additionally, the device supports multiple cryptocurrencies, including Bitcoin, Bitcoin Cash, Dash, Ethereum, EOS, Litecoin, Polkadot, Tether and Tron and various 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 rivals, meaning that it will last for a long time. Furthermore, it has a battery pack that can be removed and this means the battery can be easily replaced if it is exhausted. The device is also equipped with an elegant and user-friendly interface, which makes it usable to all levels of experience.
The process of setting up the Keystone device is simple. The device must be turned on, and then it scans a QR code by the camera on the Keystone website to authenticate the device. After that, a password will be created and the conditions of service are agreed upon. The 24-word seed phrase is copied down onto the provided booklet of seed phrases or a non-digital material. This seed phrase is essential to the security of the device, therefore it is essential to keep it protected and never used to take a picture or typed onto smartphone or computer.
Finally, the device is connected to the Keystone application that is available through the Apple App store or Google Play store. It acts as an interface to approve and sign transactions. However, it is crucial to remember that the device itself does not have internet connectivity. This added layer of security ensures that the funds are safe even if the smartphone is compromised.
In the end, Keystone’s Keystone gadget is secure and reliable hardware wallet that offers an easy-to-use , air-gapped feature. It supports a variety of cryptocurrencies and an open-source firmware and a user-friendly interface, it’s a fantastic choice for individuals and institutions looking to keep their Bitcoin offline. The device’s emphasis on security, reliability, and convenience as well as its one-stop shop for everything crypto by supporting 9 different coins as well as 700 tokens and offering accessibility to the integrated DApp store makes it an excellent choice for anyone looking for a hardware wallet.