The Keystone device, formerly known by the name of Cobo Wallet, is a hardware wallet that is rapidly gaining recognition among institutions and individuals who are looking for safe ways to keep their crypto. Founded on the 17th of January 2017 in 2017 by 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 clients.
One of the most important characteristics of the Keystone device is its air-gapped capability which means it doesn’t need to connect to an internet-connected 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 source code is available for review and scrutiny which further enhances its security. In addition, 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.
Keystone is a great device for business and leisure. Keystone device is also easy to use, and has a large display screen , which makes it simple to view the entire inventory. The hardware of the device is more durable than some of its competitors, ensuring that it will last a long time. Additionally, the device has a detachable battery pack and this means the battery can be easily 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 process of setting up the Keystone device is straightforward. The device must be turned on, and then it scans a QR code using the camera of the device via the Keystone website to authenticate the device. Then, a password is created and the conditions of service are negotiated to. Following this, the 24-word seed phrase is copied onto the seed phrase book or another non-digital media. This seed phrase is essential to the security of the device, therefore it is essential to keep it protected and never used to take by taking a picture or copied onto smartphones or computers.
Finally, the device is paired with the Keystone application 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 vital to keep in mind that the device itself doesn’t have an internet connection. This additional layer of security guarantees that the money is safe even if your smartphone is compromised.
In conclusion we can say that Keystone’s Keystone gadget is secure and robust hardware wallet that gives 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’s a fantastic choice for both institutions and individuals who want to store the Bitcoin offline. Its focus on security, reliability, and convenience as well as its one-stop shop for everything crypto that supports 9 different coins with 700 tokens, as well as providing the ability to access an inbuilt DApp store, makes it an excellent option for anyone who is looking for a hardware wallet.