The Keystone device, previously referred to as Cobo Wallet, is a hardware wallet that is gaining recognition among institutions and individuals who seek secure methods to store their cryptocurrency. Founded in 2017 by Discus Fish and Changhao Jiang, Keystone offers a range of products that are focused on security, reliability, and convenience for its clients.
One of the main characteristics of Keystone is that the Keystone device is the air-gapped feature, which means that it doesn’t need be connected to any internet-connected device. This additional layer of security ensures 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, further increasing its security. Additionally, the device supports various cryptocurrencies, including Bitcoin, Bitcoin Cash, Dash, Ethereum, EOS, Litecoin, Polkadot, Tether and Tron along with various ETH, TRON, and EOS digital tokens.
The Keystone device is also simple to use, and has a large screen that makes it simple to view every asset. The device’s hardware is also more durable than some of its competitors, ensuring that it lasts for a long time. Additionally, the device has a detachable battery pack and this means the battery can be quickly removed when it’s full. The device is also equipped with a sleek and easy-to-navigate interface, making it usable to any level of experience.
The process of setting up the Keystone device is simple. The device first needs to be switched on and it scans a QR code using the camera of the device on the Keystone website to authenticate the device. Then, a password is set and the conditions of service are negotiated to. The 24 words seed phrase is then copied down onto the provided seed phrase book or a non-digital material. This seed phrase is crucial to the device’s security, therefore it is essential that it is kept safe and never taken by taking a picture or copied onto smartphones or computers.
The device is also connected to the Keystone application that is available through the Apple App store or Google Play store. This app acts as an interface for approving and sign transactions. However, it is crucial to remember that the device itself does not have internet connectivity. This additional layer of security ensures that the funds are safe even if your smartphone is compromised.
In the end it is clear that Keystone’s Keystone product is safe and robust hardware wallet that gives an easy-to-use air-gapped option. With support for a range of cryptocurrency as well as an open-source firmware and a user-friendly interface it’s an excellent choice 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 giving the ability to access an inbuilt DApp store makes it an outstanding choice for anyone looking for an electronic wallet.