The Keystone device, previously known in the past as Cobo Wallet, is a hardware wallet that is growing in popularity with institutions and individuals seeking secure ways to store their cryptocurrency. The company was established on the 17th of January 2017 by Discus Fish and Changhao Jiang, Keystone offers a range of products that concentrate on security as well as reliability and ease of use for its customers.
One of the most important features that is unique to Keystone is that the Keystone device is its air-gapped capability which means it does not need to connect to an internet-connected device. This extra layer of security guarantees that the funds are safe from online threats such as hacking or fraud. It is also open source which means that the source code is accessible for inspection and review 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 and a number of ETH, TRON, and EOS digital tokens.
The Keystone product is easy to use, and has a large screen that lets you easily browse all assets. The device’s hardware is also more durable than its competitors, ensuring that it will last an extended period of time. Additionally, the device has an unattachable battery, which means that it can be replaced when it runs out. The device is also equipped with an elegant and user-friendly interface, making it suitable for users of all experience levels.
The procedure for setting up Keystone is simple. The setup process for Keystone device is simple. First, the device is powered on and then a QR code is scanned using the camera of the device via the Keystone website to authenticate the device. Next, a password is established and the terms of service are agreed upon. The 24-word seed phrase is copied down onto the provided seed phrase book or another non-digital media. The seed phrase is vital for the security of the device so it is important to ensure it’s protected and never used to take in a photo or written on smartphone or computer.
Additionally, the device is also connected to the Keystone application available in 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 crucial to remember that the device itself does not have internet connectivity. This extra layer of security guarantees that the money is safe even if the smartphone is compromised.
In the end, the Keystone product is secure and reliable hardware wallet that offers an easy-to-use air-gapped option. It supports a variety of cryptocurrencies, an open-source firmware, and a user-friendly interface it’s a fantastic choice for institutions and individuals looking to keep their Bitcoin offline. The device’s emphasis on security safety, reliability, and comfort, along with its one-stop shop for all things crypto, with support for 9 different currencies with 700 tokens, as well as giving access to an integrated DApp store, makes it an outstanding choice for anyone looking for a hardware wallet.