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. The company was established on the 17th of January 2017 with the help of Discus Fish and Changhao Jiang, Keystone offers a range of products that are focused on security as well as reliability and ease of use for its customers.
One of the main advantages that is unique to Keystone is that the Keystone device is its air-gapped capability, which means that it doesn’t need be connected to any online device. This extra layer of security guarantees that the funds are safe from online threats such as hacking or fraud. The device is also open-source, which means that the code is made accessible for scrutiny and review, further increasing its security. Furthermore, the device can support 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 simple to use, thanks to its large screen that makes it simple to view the entire inventory. The hardware of the device is more durable than its rivals, meaning that it will last many years. Additionally, the device has a detachable battery pack, which means that it can be removed when it’s full. The device is also equipped with a sleek and easy-to-navigate interface that is usable to any level of experience.
The procedure for setting up Keystone is simple. The setup process for Keystone device is straightforward. First, the device is switched on and it scans a QR code using the camera of the device via the Keystone website to authenticate the device. Then, a password is set and the conditions of service are agreed to. The 24-word seed phrase is written down on the booklet of seed phrases or an undigital medium. This seed phrase is crucial to the security of the device, so it is important that it is kept safe and never taken a picture or typed onto smartphones or computers.
Additionally, the device is connected to the Keystone application that is available through the Apple App store or Google Play store. This app acts as an interface that allows users to approve and sign transactions. However, it is vital to keep in mind that the device itself doesn’t have an internet connection. This added layer of security guarantees that the money is safe even if your smartphone is compromised.
In conclusion, Keystone’s Keystone product is safe and solid hardware wallet that provides an easy-to-use , air-gapped feature. It supports a variety of cryptocurrencies, an open-source firmware, and a user-friendly interface, it’s a fantastic choice for both institutions and individuals who want to store your Bitcoin offline. Its focus on security, reliability, and convenience, along with its one-stop store for all things crypto with support for 9 different currencies as well as 700 tokens and giving accessibility to the integrated DApp store makes it an outstanding choice for anyone looking for hardware wallets.