The Keystone device, formerly known in the past as Cobo Wallet, is a hardware wallet that is growing in recognition among institutions and individuals who are looking for safe ways to store their cryptocurrencies. It was 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 clients.
One of the most important features that is unique to the Keystone device is its air-gapped option meaning that it doesn’t need to connect to an internet-connected device. This additional layer of security ensures that your money is safe from online threats like hacking or phishing. It is also open source, which means that the code is made accessible for scrutiny and review, further increasing the security of the device. Furthermore, the device can support multiple cryptocurrencies, including Bitcoin, Bitcoin Cash, Dash, Ethereum, EOS, Litecoin, Polkadot, Tether and Tron along with a number of ETH, TRON, and EOS digital tokens.
The Keystone device is also simple to use, thanks to its large display screen that allows users to easily view the entire inventory. Its hardware is more durable than its competitors, which means that it lasts for many years. In addition, the device comes with a detachable battery pack this means that the battery can be quickly removed when it’s full. The device also has an elegant and user-friendly interface, which makes it usable to all levels of experience.
The process of setting up keystone Keystone device is straightforward. The device first needs to be switched on and the QR code is scan using the camera of the device via the Keystone website to authenticate the device. Then, a password is established and the terms of service are agreed upon. After this, the 24-word seed phrase is written down on the booklet of seed phrases or an undigital medium. This seed phrase is essential for the security of the device therefore it is essential to keep it protected and never used to take in a photo or written on a computer or smartphone.
Additionally, the device is connected to the Keystone app available in the Apple App store or Google Play store. The app serves as an interface that allows users to approve and sign transactions. However, it is crucial to remember that the device does not have internet connectivity. This additional layer of security ensures that the money is safe even if the smartphone is compromised.
In conclusion, Keystone’s Keystone device is a safe and solid hardware wallet that provides an air-gapped solution that is easy to use. It supports a variety of cryptocurrencies and an open-source firmware and an easy-to-use 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 store for all things crypto with support for 9 different currencies, 700 tokens, and providing the ability to access an inbuilt DApp store makes it an excellent choice for anyone who is looking to purchase an electronic wallet.