The Keystone device, previously known by the name of Cobo Wallet, is a hardware wallet that is gaining popularity with institutions and individuals seeking secure ways to store their cryptocurrencies. It was founded on the 17th of January 2017 with the help of Discus Fish and Changhao Jiang, Keystone offers a range of products that focus on security along with reliability and comfort for its clients.
One of the major advantages that is unique to Keystone is that the Keystone device is its air-gapped option meaning that it does not need to connect to an internet-connected device. This additional layer of security guarantees that your money is safe from online threats, such as hacking or fraud. The device is also open-source this means that the code is made available for review and scrutiny which further enhances 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.
Keystone is a great device for business and leisure. Keystone device is also simple to use, and has a large display screen that allows users to easily view all assets. The hardware of the device is more durable than some of its competitors, which means that it lasts for an extended period of time. In addition, the device comes with a detachable battery pack this means that the battery can be easily removed when it’s full. It also features an elegant and user-friendly interface, which makes it accessible to users of all experience levels.
The process of setting up Keystone is simple. The setup process for Keystone device is straightforward. First, the device is powered on and then a QR code is scanned using the camera of the device through the Keystone website to authenticate the device. After that, a password will be established and the conditions of service are negotiated to. After this, the 24-word seed phrase is copied down onto the provided seed phrase booklet or on an undigital medium. The seed phrase is vital for the security of the device therefore it is crucial that it is kept safe and never taken in a photo or written on a computer or smartphone.
Additionally, the device is paired with the Keystone application, 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, but it is vital to keep in mind that the device itself is not connected to the internet. This added layer of security guarantees that the money is safe even if your smartphone is compromised.
In conclusion it is clear that the Keystone device is a safe and solid hardware wallet that provides an easy-to-use , air-gapped feature. With support for multiple cryptocurrencies as well as an open-source firmware and an easy-to-use interface, it is a great option for both institutions and individuals who want to keep their Bitcoin offline. The device’s emphasis on security safety, reliability, and comfort and its single-stop shop for everything crypto by supporting 9 different coins with 700 tokens, as well as providing the ability to access an inbuilt DApp store, makes it a top-notch choice for anyone in the market for hardware wallets.