The Keystone device, previously referred to by the name of Cobo Wallet, is a hardware wallet that is gaining popularity among individuals and institutions who seek secure ways to store their cryptocurrency. Founded in the year 2017 by Discus Fish and Changhao Jiang, Keystone offers a range of products that concentrate on security along with reliability and comfort for its clients.
One of the major advantages in the Keystone device is the air-gapped feature which means it doesn’t have to connect to an online device. This added layer of security guarantees that the money is protected from online threats like hacking or fraud. The device is also open-source this means that the code is made accessible for scrutiny and review which further enhances the security of the device. Furthermore, the device can support various cryptocurrencies, including Bitcoin, Bitcoin Cash, Dash, Ethereum, EOS, Litecoin, Polkadot, Tether and Tron, as well as a number of ETH, TRON, and EOS digital tokens.
The Keystone product is simple to use, thanks to its large display screen that allows users to easily view all assets. The device’s hardware is also more durable than some of its competitors, ensuring that it will last many years. Additionally, the device has a battery pack that can be removed, which means that the battery can be quickly replaced if it is exhausted. The device also has a sleek and easy-to-navigate 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 powered on and then the QR code is scan with the device’s camera on the Keystone website to authenticate the device. Then, a password is established and the terms of service are agreed to. The 24 words seed phrase is then copied down onto the provided booklet of seed phrases or an undigital medium. The seed phrase is vital for the security of the device therefore it is essential to ensure it’s secure and not taken as by taking a picture or copied onto a computer or smartphone.
Finally, the device is connected to the Keystone application, which is available on the Apple App store or Google Play store. The app serves as an interface to approve and sign transactions. However, it is vital to keep in mind that the device itself does not have internet connectivity. This additional layer of security guarantees that the funds are safe even in the event that the phone is compromised.
In conclusion, the Keystone gadget is safe and robust hardware wallet that gives an air-gapped solution that is easy to use. With support for multiple cryptocurrencies as well as an open-source firmware and an easy-to-use interface, it’s an excellent choice for institutions and individuals looking to store their Bitcoin offline. The focus of the device is security as well as reliability and ease of use, along with its one-stop shop for everything crypto by supporting 9 different coins, 700 tokens, and providing the ability to access an inbuilt DApp store, makes it a top-notch option for anyone who is in the market for hardware wallets.