The Keystone device, previously referred to as Cobo Wallet, is a hardware wallet that is growing in recognition among institutions and individuals who are looking for secure methods to store their cryptocurrencies. It was founded in the year 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 clients.
One of the main characteristics in Keystone is that the Keystone device is its air-gapped capability, which means that it does not need for an online device. This additional layer of security ensures that the funds are safe from online threats like hacking or phishing. It is also open source which means that the source code is accessible for scrutiny and review which further enhances the security of the device. In addition, the device supports several cryptocurrencies, such as Bitcoin, Bitcoin Cash, Dash, Ethereum, EOS, Litecoin, Polkadot, Tether and Tron along with a number of ETH, TRON, and EOS digital tokens.
The Keystone device is also easy to use, and has a large display screen that makes it simple to view the entire inventory. The hardware of the device is more durable than some of its competitors, which means that it lasts for many years. Furthermore, it has an unattachable battery this means that the battery can be quickly removed when it’s full. The device also has a sleek and easy-to-navigate interface, which makes it usable to all experience levels.
The process of setting up Keystone is simple. The setup process for Keystone device is easy. The device first needs to be turned on, and then a QR code is scanned by the camera through the Keystone website to authenticate the device. Then, a password is established and the terms of service are agreed upon. After this, the 24-word seed phrase is copied onto the seed phrase book or a non-digital material. This seed phrase is essential to the security of the device, therefore it is crucial to ensure it’s secure and not taken as a picture or typed onto smartphone or computer.
Additionally, the device is connected to the Keystone app, which is available on the Apple App store or Google Play store. The app serves as an interface to approve and verify transactions, however it is crucial to remember that the device itself does not have internet connectivity. This additional layer of security guarantees that your funds are secure even if the smartphone is compromised.
In the end it is clear that Keystone is a great choice for storing Bitcoin. Keystone device is a safe and reliable hardware wallet that offers an air-gapped solution that is easy to use. With support for multiple cryptocurrencies and an open-source firmware and a user-friendly interface, it’s a fantastic choice for institutions and individuals looking to store the Bitcoin offline. The device’s emphasis on security, reliability, and convenience as well as its one-stop store for all things crypto with support for 9 different currencies as well as 700 tokens and giving the ability to access an inbuilt DApp store, makes it an outstanding option for anyone who is in the market for hardware wallets.