Keystone is a device that Keystone device, previously referred to by the name of Cobo Wallet, is a hardware wallet that is growing in recognition among institutions and individuals who are looking for secure ways to store their cryptocurrencies. It was 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 customers.
One of the major characteristics that is unique to this Keystone device is the air-gapped feature meaning that it does not need to connect to an internet-connected device. This additional layer of security makes sure that the funds are safe from online threats such as hacking or phishing. It is also open source, which means that the source code is accessible for inspection and review and further enhancing the security of the device. 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.
The Keystone product is very easy to use, with a large screen that makes it simple to view every asset. The hardware of the device is more durable than its competitors, ensuring that it lasts for an extended period of time. Furthermore, it has an unattachable battery this means that the battery can be easily replaced if it is exhausted. The device also has an attractive and simple-to-use interface, which makes it suitable for users of any level of experience.
The setup process for Keystone is simple. The setup process for Keystone device is straightforward. First, the device is powered on and then the QR code is scan with the device’s camera via the Keystone website to authenticate the device. Then, a password is established and the terms of service are agreed upon. Following this, the 24-word seed phrase is written down on the booklet of seed phrases or another non-digital media. This seed phrase is essential for the security of the device therefore it is crucial that it is kept secure and not taken as by taking a picture or copied onto smartphones or computers.
Finally, the device is paired with the Keystone application available in the Apple App store or Google Play store. The app serves as an interface for approving and verify transactions, however it is crucial to remember that the device itself doesn’t have an internet connection. This extra layer of security guarantees that the funds are safe even if the smartphone is compromised.
In the end it is clear that Keystone is a great choice for storing Bitcoin. Keystone product is safe and solid hardware wallet that provides 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 is a great option for both institutions and individuals who want to store the Bitcoin offline. Its focus on security, reliability, and convenience as well as its one-stop shop for everything crypto that supports 9 different coins, 700 tokens, and offering the ability to access an inbuilt DApp store makes it an outstanding choice for anyone who is looking to purchase hardware wallets.