The Keystone device, formerly known by the name of Cobo Wallet, is a hardware wallet that is gaining popularity among individuals and institutions seeking secure methods to store their cryptocurrencies. Founded in the year 2017 with the help of Discus Fish and Changhao Jiang, Keystone offers a range of products that concentrate on security, reliability, and convenience for its clients.
One of the most important characteristics that is unique to Keystone is that the Keystone device is the air-gapped feature meaning that it does not need to connect to an internet-connected device. This extra layer of security ensures that your money is safe from online threats such as hacking or phishing. The device is also open-source, which means that the source code is accessible for scrutiny and review and further enhancing its security. Furthermore, the device can support several cryptocurrencies, such as Bitcoin, Bitcoin Cash, Dash, Ethereum, EOS, Litecoin, Polkadot, Tether, and Tron and a number of ETH, TRON, and EOS digital tokens.
Keystone is a great device for business and leisure. Keystone device is also very easy to use, thanks to its large display screen that lets you easily browse the entire inventory. The device’s hardware is also more durable than some of its rivals, meaning that it will last many years. Furthermore, it has a battery pack that can be removed and this means the battery can be easily removed when it’s full. It also features an elegant and user-friendly interface, which makes it usable to all experience levels.
The procedure for setting up Keystone is simple. The setup process for Keystone device is straightforward. The device must be switched on and it scans a QR code using the camera of the device via the Keystone website to authenticate the device. Next, a password is created and the terms of service are agreed to. After this, the 24 words seed phrase is then copied down onto the provided booklet of seed phrases or another non-digital media. This seed phrase is crucial to the device’s security, therefore it is essential that it is kept protected and never used to take by taking a picture or copied onto smartphones or computers.
The device is also connected to the Keystone app, which is available on the Apple App store or Google Play store. This app acts as an interface that allows users to approve and sign transactions. However, it is vital to keep in mind that the device does not have internet connectivity. This added layer of security makes sure that the money is safe even if the smartphone is compromised.
In conclusion we can say that Keystone’s Keystone device is a secure and solid hardware wallet that provides an easy-to-use air-gapped option. With support for multiple cryptocurrencies, an open-source firmware, and an easy-to-use interface, it’s a fantastic choice for individuals and institutions looking to store your Bitcoin offline. The device’s emphasis on security, reliability, and convenience and its single-stop shop for everything crypto that supports 9 different coins with 700 tokens, as well as providing the ability to access an inbuilt DApp store, makes it an excellent option for anyone who is looking for a hardware wallet.