The Keystone device, previously referred to as Cobo Wallet, is a hardware wallet that is growing in popularity among individuals and institutions who seek secure ways to store their cryptocurrencies. It was founded in the year 2017 with the help of Discus Fish and Changhao Jiang, Keystone offers a range of products that concentrate on security along with reliability and comfort for its clients.
One of the major advantages in the Keystone device is its air-gapped option meaning that it doesn’t have to connect to an internet-connected device. This extra layer of security guarantees that your money is safe from online threats like hacking or the phishing attack. The device is also open-source which means that the source code is accessible for inspection and review which further enhances its security. Additionally, the device supports 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 device is also simple to use, and has a large display screen that lets you easily browse the entire inventory. The device’s hardware is also more durable than some of its competitors, ensuring that it will last a long time. Additionally, the device has an unattachable battery this means that the battery can be quickly replaced if it is exhausted. The device is also equipped with a sleek and easy-to-navigate interface, making it suitable for users of all experience levels.
The process of setting up the Keystone device is straightforward. The device must be switched on and the QR code is scan with the device’s camera on the Keystone website to authenticate the device. Next, a password is set and the terms of service are agreed to. Following this, the 24-word seed phrase is copied onto the seed phrase booklet or on an undigital medium. This seed phrase is essential to the device’s security, so it is important to keep it secure and not taken as by taking a picture or copied onto smartphones or computers.
Additionally, the device is also connected to the Keystone app that is available through the Apple App store or Google Play store. This app acts as an interface for approving and sign transactions, but it is important to note that the device itself is not connected to the internet. This added layer of security guarantees that the money is safe even if the smartphone is compromised.
In conclusion we can say that Keystone is a great choice for storing Bitcoin. Keystone device is a secure and solid hardware wallet that provides an easy-to-use air-gapped option. With support for a range of cryptocurrency and an open-source firmware and an easy-to-use interface, it is a great option for institutions and individuals looking to store their Bitcoin offline. The focus of the device is security as well as reliability and ease of use, along with its one-stop shop for all things crypto, by supporting 9 different coins, 700 tokens, and giving access to an integrated DApp store, makes it an outstanding choice for anyone in the market for a hardware wallet.