The Keystone device, previously referred to by the name of Cobo Wallet, is a hardware wallet that is growing in popularity with institutions and individuals seeking secure ways to store their cryptocurrencies. Founded in the year 2017 with the help of Discus Fish and Changhao Jiang, Keystone offers a range of products that are focused on security along with reliability and comfort for its clients.
One of the major advantages in this Keystone device is its air-gapped option meaning that it does not need to connect to an online device. This added layer of security ensures that the money is protected from online threats, such as hacking or the phishing attack. The device is also open-source this means that the code is made accessible for inspection and review which further enhances the security of the device. Additionally, the device supports multiple cryptocurrencies, including Bitcoin, Bitcoin Cash, Dash, Ethereum, EOS, Litecoin, Polkadot, Tether, and Tron along with several ETH, TRON, and EOS digital tokens.
The Keystone gadget is simple to use, thanks to its large display screen that makes it simple to view all assets. The device’s hardware is also more durable than its competitors, which means that it will last for a long time. In addition, the device comes with a detachable battery pack and this means the battery can be easily replaced when it runs out. The device also has an elegant and user-friendly interface, making it accessible to users of any level of experience.
The procedure for setting up keystone Keystone device is simple. First, the device is powered on and then it scans a QR code using the camera of the device on the Keystone website to authenticate the device. Next, a password is created and the terms of service are agreed upon. The 24 words seed phrase is then written down on the seed phrase booklet or on an undigital medium. The seed phrase is vital for the security of the device therefore it is crucial that it is kept secure and not taken as in a photo or written on smartphone or computer.
The device is paired with the Keystone application, 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 important to note that the device itself doesn’t have an internet connection. This additional layer of security makes sure that the money is safe even if your smartphone is compromised.
In conclusion, the Keystone device is a secure and reliable hardware wallet that offers an air-gapped solution that is easy to use. With support for a range of cryptocurrency as well as an open-source firmware and a user-friendly interface it’s a fantastic choice for individuals and institutions looking to store the Bitcoin offline. The focus of the device is security, reliability, and convenience and its single-stop shop for everything crypto that supports 9 different coins, 700 tokens, and offering the ability to access an inbuilt DApp store, makes it an excellent option for anyone who is in the market for an electronic wallet.