The Keystone device, formerly known by the name of Cobo Wallet, is a hardware wallet that is rapidly gaining popularity among individuals and institutions seeking secure methods to store their cryptocurrency. It was founded in the year 2017 with the help of Discus Fish and Changhao Jiang, Keystone offers a range of products that are focused on security as well as reliability and ease of use for its clients.
One of the main advantages in the Keystone device is its air-gapped option meaning that it doesn’t need to connect to an online device. This extra layer of security makes sure that the money is protected from online threats like hacking or the phishing attack. The device is also open-source which means that the source code is available for review and scrutiny and further enhancing its security. In addition, the device supports various cryptocurrencies, including Bitcoin, Bitcoin Cash, Dash, Ethereum, EOS, Litecoin, Polkadot, Tether and Tron, as well as a number of ETH, TRON, and EOS digital tokens.
The Keystone device is also simple to use, with a large display screen , which allows users to easily view all assets. The device’s hardware is also more durable than its competitors, which means that it will last 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 elegant and user-friendly interface, making it usable to all experience levels.
The procedure for setting up the Keystone device is easy. The device must be powered on and then it scans a QR code by the camera through the Keystone website to authenticate the device. After that, a password will be created and the terms of service are negotiated to. Following this, the 24 words seed phrase is then copied down onto the provided seed phrase book or another non-digital media. This seed phrase is essential for the security of the device therefore it is crucial that it is kept protected and never used to take by taking a picture or copied onto smartphones or computers.
Additionally, the device is connected to the Keystone application available in the Apple App store or Google Play store. This app acts as an interface to approve and sign transactions. However, it is important to note that the device doesn’t have an internet connection. This extra layer of security guarantees that the funds are safe even if your smartphone is compromised.
In conclusion it is clear that the Keystone device is a secure and robust hardware wallet that gives an easy-to-use air-gapped option. With support for multiple cryptocurrencies and an open-source firmware and an easy-to-use interface, it is a great option for individuals and institutions looking to keep their Bitcoin offline. The device’s emphasis on security as well as reliability and ease of use, along with its one-stop shop for all things crypto, that supports 9 different coins as well as 700 tokens and providing accessibility to the integrated DApp store, makes it an outstanding option for anyone who is in the market for hardware wallets.