The Keystone device, previously referred to in the past as Cobo Wallet, is a hardware wallet that is rapidly gaining popularity with institutions and individuals seeking secure methods to keep their crypto. Founded on the 17th of January 2017 with the help of Discus Fish and Changhao Jiang, Keystone offers a range of products that are focused on security, reliability, and convenience for its customers.
One of the main features of this Keystone device is its air-gapped capability, which means that it doesn’t need for an online device. This extra layer of security ensures that the money is protected from online threats like hacking or phishing. It is also open source, which means that the code is publicly available for review and scrutiny and further enhancing the security of the device. Additionally, the device supports several cryptocurrencies, such as Bitcoin, Bitcoin Cash, Dash, Ethereum, EOS, Litecoin, Polkadot, Tether, and Tron, as well as several ETH, TRON, and EOS digital tokens.
The Keystone device is also very easy to use, thanks to its large display screen , which makes it simple to view the entire inventory. The device’s hardware is also more durable than some of its competitors, ensuring that it lasts for many years. In addition, the device comes with an unattachable battery this means that the battery can be easily replaced when it runs out. The device is also equipped with an elegant and user-friendly interface that is suitable for users of any level of experience.
The process of setting up the Keystone device is easy. The device first needs to be switched on and it scans a QR code by the camera on the Keystone website to authenticate the device. After that, a password will be established and the conditions of service are agreed to. The 24-word seed phrase is written down on the booklet of seed phrases or another non-digital media. This seed phrase is crucial to the security of the device, therefore it is essential to ensure it’s safe and never taken in a photo or written on smartphone or computer.
Finally, the device is paired with the Keystone app available in the Apple App store or Google Play store. This app acts as an interface to approve and sign transactions. However, it is crucial to remember that the device doesn’t have an internet connection. This added layer of security guarantees that the money is safe even in the event that the phone is compromised.
In conclusion we can say that Keystone’s Keystone device is a safe and reliable hardware wallet that offers an easy-to-use , air-gapped feature. It supports a variety of cryptocurrencies as well as an open-source firmware and an easy-to-use interface, it’s an excellent choice for both institutions and individuals who want to store your Bitcoin offline. The device’s emphasis on security as well as reliability and ease of use as well as its one-stop shop for everything crypto by supporting 9 different coins, 700 tokens, and offering the ability to access an inbuilt DApp store, makes it a top-notch choice for anyone who is looking to purchase an electronic wallet.