The Keystone device, previously known as Cobo Wallet, is a hardware wallet that is growing in recognition among institutions and individuals who seek secure ways to keep their crypto. Founded on the 17th of January 2017 in 2017 by Discus Fish and Changhao Jiang, Keystone offers a range of products that focus on security, reliability, and convenience for its clients.
One of the major characteristics that is unique to the Keystone device is its air-gapped option meaning that it doesn’t have for an internet-connected device. This extra layer of security makes sure that your money is safe from online threats, such as hacking or phishing. It is also open source, which means that the source code is available for review and scrutiny which further enhances the security of the device. In addition, the device supports various cryptocurrencies, including Bitcoin, Bitcoin Cash, Dash, Ethereum, EOS, Litecoin, Polkadot, Tether, and Tron along with several ETH, TRON, and EOS digital tokens.
The Keystone product is easy to use, and has a large screen that makes it simple to view the entire inventory. The device’s hardware is also more durable than some of its rivals, meaning that it lasts for a long time. In addition, the device comes with an unattachable battery this means that the battery can be quickly removed when it’s full. The device also has an attractive and simple-to-use interface, which makes it accessible to users of any level of experience.
The procedure for setting up Keystone is simple. The setup process for Keystone device is easy. First, the device is turned on, and then the QR code is scan with the device’s camera via the Keystone website to authenticate the device. Next, a password is established and the conditions of service are agreed to. The 24-word seed phrase is copied down onto the provided seed phrase booklet or on a non-digital material. This seed phrase is crucial for 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 for approving and sign transactions, but it is important to note that the device itself does not have internet connectivity. This extra layer of security ensures that the money is safe even if the smartphone is compromised.
In the end we can say that Keystone is a great choice for storing Bitcoin. 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, an open-source firmware, and a user-friendly interface it’s a fantastic choice for institutions and individuals looking to keep their Bitcoin offline. The device’s emphasis on security, reliability, and convenience and its single-stop store for all things crypto by supporting 9 different coins with 700 tokens, as well as giving the ability to access an inbuilt DApp store, makes it an excellent option for anyone who is looking for a hardware wallet.