The Keystone device, previously known in the past as Cobo Wallet, is a hardware wallet that is gaining popularity among individuals and institutions who seek secure methods to store their cryptocurrency. It was founded in 2017 by Discus Fish and Changhao Jiang, Keystone offers a range of products that focus on security, reliability, and convenience for its clients.
One of the main advantages that is unique to this Keystone device is its air-gapped option meaning that it doesn’t have be connected to any internet-connected device. This extra layer of security ensures that the funds are safe from online threats like hacking or fraud. The device is also open-source which means that the code is publicly accessible for scrutiny and review, further increasing the security of the device. Furthermore, the device can support several cryptocurrencies, such as 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 gadget is easy to use, thanks to its large screen that lets you easily browse the entire inventory. The device’s hardware is also more durable than some of its competitors, which means that it will last many years. In addition, the device comes with an unattachable battery and this means the battery can be easily replaced when it runs out. The device also has an attractive and simple-to-use interface that is suitable for users of all levels of experience.
The procedure for setting up the Keystone device is simple. The device first needs to be powered on and then the QR code is scan by the camera via the Keystone website to authenticate the device. Next, a password is created and the terms of service are negotiated to. The 24-word seed phrase is copied onto the seed phrase booklet or on another non-digital media. The seed phrase is vital to the device’s security, therefore it is crucial that it is kept secure and not taken as in a photo or written on a computer or smartphone.
Finally, the device is paired with 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 important to note that the device itself is not connected to the internet. This extra layer of security ensures that the funds are safe even if the smartphone is compromised.
In the end, Keystone’s Keystone device is a secure and reliable hardware wallet that offers an air-gapped solution that is easy to use. It supports a variety of cryptocurrencies, an open-source firmware, and a user-friendly interface it is a great option for both institutions and individuals who want to keep the Bitcoin offline. Its focus 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 accessibility to the integrated DApp store makes it an excellent option for anyone who is in the market for a hardware wallet.