The Keystone device, previously referred to in the past as Cobo Wallet, is a hardware wallet that is rapidly gaining recognition among institutions and individuals who seek safe ways to store their cryptocurrency. The company was established in 2017 by Discus Fish and Changhao Jiang, Keystone offers a range of products that focus on security as well as reliability and ease of use for its clients.
One of the major features in the Keystone device is its air-gapped capability, which means that it doesn’t need be connected to any internet-connected device. This additional layer of security makes sure that the funds are safe from online threats, such as hacking or phishing. The device is also open-source this means that the code is publicly available for review and scrutiny, further increasing its security. In addition, the device supports multiple cryptocurrencies, including Bitcoin, Bitcoin Cash, Dash, Ethereum, EOS, Litecoin, Polkadot, Tether, and Tron along with a number of ETH, TRON, and EOS digital tokens.
The Keystone product is very easy to use, and has a large screen that makes it simple to view all assets. The hardware of the device is more durable than its competitors, which means that it will last a long time. In addition, the device comes with an unattachable battery and this means it can be replaced if it is exhausted. The device is also equipped with an elegant and user-friendly interface, which makes it accessible to users of any level of experience.
The setup process for the Keystone device is easy. The device first needs to be switched on and the QR code is scan by the camera through the Keystone website to authenticate the device. After that, a password will be created and the conditions of service are agreed upon. Following this, the 24 words seed phrase is then copied onto the booklet of seed phrases or another non-digital media. This seed phrase is essential for the security of the device so it is important to ensure it’s safe and never taken by taking a picture or copied onto smartphone or computer.
Finally, the device is connected to the Keystone app, which is available on the Apple App store or Google Play store. It acts as an interface to approve and sign transactions. However, it is crucial to remember that the device itself doesn’t have an internet connection. This extra layer of security makes sure that the money is safe even in the event that the phone is compromised.
In conclusion, the Keystone product is safe and reliable hardware wallet that offers an easy-to-use air-gapped option. With support for multiple cryptocurrencies as well as an open-source firmware and a user-friendly interface it is a great option for institutions and individuals looking to store their Bitcoin offline. Its focus on security, reliability, and convenience, along with its one-stop shop for everything crypto by supporting 9 different coins as well as 700 tokens and providing accessibility to the integrated DApp store, makes it a top-notch option for anyone who is in the market for an electronic wallet.