The Keystone device, previously known by the name of Cobo Wallet, is a hardware wallet that is rapidly gaining popularity with institutions and individuals seeking secure ways to keep their crypto. Founded on the 17th of January 2017 by Discus Fish and Changhao Jiang, Keystone offers a range of products that are focused on security along with reliability and comfort for its customers.
One of the most important characteristics of Keystone is that the Keystone device is the air-gapped feature which means it doesn’t have for an online device. This extra layer of security guarantees that the money is protected from online threats like hacking or fraud. It is also open source this means that the code is publicly accessible for inspection and review, further increasing its security. Furthermore, the device can support multiple cryptocurrencies, including Bitcoin, Bitcoin Cash, Dash, Ethereum, EOS, Litecoin, Polkadot, Tether, and Tron and 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 that allows users to easily view every asset. The device’s hardware is also more durable than its rivals, meaning that it will last for a long time. In addition, the device comes with an unattachable battery this means that it can be removed when it’s full. The device also has a sleek and easy-to-navigate interface, which makes it suitable for users of any level of experience.
The process of setting up the Keystone device is simple. 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. After that, a password will be set and the terms of service are agreed to. Following this, the 24-word seed phrase is copied down onto the provided seed phrase booklet or on an undigital medium. This seed phrase is crucial to the device’s security, therefore it is essential to keep it secure and not taken as by taking a picture or copied onto smartphone or computer.
Additionally, the device is connected to the Keystone app, which is available on the Apple App store or Google Play store. The app serves as an interface for approving and verify transactions, however it is important to note that the device itself doesn’t have an internet connection. This added layer of security ensures 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 solid hardware wallet that provides an easy-to-use , air-gapped feature. It supports a variety of cryptocurrencies, an open-source firmware, and a user-friendly interface, it is a great option for both institutions and individuals who want to keep their Bitcoin offline. The device’s emphasis on security, reliability, and convenience as well as its one-stop shop for all things crypto, with support for 9 different currencies, 700 tokens, and providing accessibility to the integrated DApp store, makes it an outstanding option for anyone who is looking for hardware wallets.