Keystone is a device that Keystone device, formerly known by the name of Cobo Wallet, is a hardware wallet that is growing in popularity among individuals and institutions seeking secure methods 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 as well as reliability and ease of use for its clients.
One of the major characteristics that is unique to the Keystone device is the air-gapped feature meaning that it doesn’t have to connect to an online device. This additional layer of security makes sure that the funds are safe from online threats, such as hacking or the phishing attack. It is also open source which means that the source code is accessible for inspection and review, further increasing the security of the device. Additionally, the device supports 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 device is also simple 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 will last for many years. In addition, the device comes with a battery pack that can be removed and this means it can be replaced if it is exhausted. It also features a sleek and easy-to-navigate interface that is suitable for users of all experience levels.
The procedure for setting up Keystone is simple. The setup process for Keystone device is simple. The device first needs to be powered on and then it scans a QR code with the device’s camera through the Keystone website to authenticate the device. Then, a password is set and the conditions of service are negotiated to. The 24 words seed phrase is then written down on the seed phrase book or an undigital medium. This seed phrase is essential to the security of the device, so it is important to ensure it’s secure and not taken as a picture or typed onto smartphones or computers.
Additionally, the device is also connected to the Keystone application that is available through the Apple App store or Google Play store. The app serves as an interface to approve and verify transactions, however it is vital to keep in mind that the device itself is not connected to the internet. This extra layer of security ensures that the funds are safe even if your smartphone is compromised.
In conclusion, Keystone’s Keystone device is a safe and solid hardware wallet that provides an easy-to-use , air-gapped feature. With support for a range of cryptocurrency as well as an open-source firmware and a user-friendly interface, it’s a fantastic choice for both institutions and individuals who want to store the Bitcoin offline. The focus of the device is security safety, reliability, and comfort, along with its one-stop shop for everything crypto that supports 9 different coins with 700 tokens, as well as giving accessibility to the integrated DApp store, makes it a top-notch option for anyone who is in the market for hardware wallets.