The Keystone device, formerly known by the name of Cobo Wallet, is a hardware wallet that is gaining recognition among institutions and individuals seeking secure methods to store their cryptocurrencies. It was founded on the 17th of January 2017 in 2017 by Discus Fish and Changhao Jiang, Keystone offers a range of products that concentrate on security, reliability, and convenience for its clients.
One of the most important advantages of this Keystone device is the air-gapped feature meaning that it doesn’t have to connect to an internet-connected device. This added layer of security ensures that your money is safe from online threats such as hacking or phishing. The device is also open-source, which means that the source code is accessible for scrutiny and review which further enhances the security of the device. In addition, the device supports several cryptocurrencies, such as Bitcoin, Bitcoin Cash, Dash, Ethereum, EOS, Litecoin, Polkadot, Tether and Tron, as well as various ETH, TRON, and EOS digital tokens.
The Keystone gadget is easy to use, and has a large display screen , which allows users to easily view every asset. The device’s hardware is also more durable than some of its competitors, which means that it lasts for a long time. Additionally, the device has an unattachable battery, which means that the battery can be easily replaced when it runs out. It also features a sleek and easy-to-navigate interface, making it usable to any level of experience.
The setup process for Keystone is simple. The setup process for Keystone device is easy. First, the device is powered on and then it scans a QR code with the device’s camera via the Keystone website to authenticate the device. Next, a password is set and the terms of service are agreed to. The 24 words seed phrase is then written down on the seed phrase book or another non-digital media. This seed phrase is essential to the device’s security, therefore it is essential to keep it protected and never used to take in a photo or written on smartphones or computers.
Finally, the device is connected to the Keystone app that is available through the Apple App store or Google Play store. The app serves as an interface to approve and verify transactions, however it is crucial to remember that the device is not connected to the internet. This extra layer of security guarantees that your funds are secure even if the smartphone is compromised.
In conclusion, the Keystone device is a secure and solid hardware wallet that provides an air-gapped solution that is easy to use. It supports a variety of 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 keep their Bitcoin offline. The device’s emphasis on security as well as reliability and ease of use, along with its one-stop store for all things crypto with support for 9 different currencies as well as 700 tokens and giving access to an integrated DApp store makes it an excellent option for anyone who is who is looking to purchase hardware wallets.