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 seek secure ways to store their cryptocurrency. Founded on the 17th of January 2017 in 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 customers.
One of the major characteristics in the Keystone device is its air-gapped capability, which means that it doesn’t need for an internet-connected device. This extra layer of security makes sure that the funds are safe from online threats such as hacking or fraud. The device is also open-source this means that the code is publicly accessible for inspection and review 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 along with a number of ETH, TRON, and EOS digital tokens.
The Keystone gadget is very easy to use, thanks to its large screen that lets you easily browse every asset. The device’s hardware is also more durable than some of its competitors, which means that it lasts for a long time. Additionally, the device has an unattachable battery this means that the battery can be easily replaced when it runs out. The device is also equipped with a sleek and easy-to-navigate interface that is usable to all experience levels.
The procedure for setting up Keystone is simple. The setup process for Keystone device is easy. The device first needs to be switched on and a QR code is scanned with the device’s camera via the Keystone website to authenticate the device. Then, a password is created and the terms of service are negotiated to. The 24-word seed phrase is copied down onto the provided seed phrase book or a non-digital material. This seed phrase is essential for the security of the device so it is important that it is kept secure and not taken as by taking a picture or copied onto smartphone or computer.
Finally, the device is paired with the Keystone application available in the Apple App store or Google Play store. It acts as an interface that allows users to approve and sign transactions, but it is important to note that the device itself is not connected to the internet. This additional layer of security ensures that your funds are secure even if the smartphone is compromised.
In conclusion, Keystone is a great choice for storing Bitcoin. Keystone device is a safe and solid hardware wallet that provides an air-gapped solution that is easy to use. With support for multiple cryptocurrencies as well as an open-source firmware and a user-friendly interface it’s an excellent choice for individuals and institutions looking to store their Bitcoin offline. Its focus on security as well as reliability and ease of use and its single-stop store for all things crypto by supporting 9 different coins, 700 tokens, and giving the ability to access an inbuilt DApp store, makes it a top-notch option for anyone who is in the market for an electronic wallet.