The Keystone device, formerly known as Cobo Wallet, is a hardware wallet that is rapidly gaining recognition among institutions and individuals who seek secure ways to keep their crypto. The company was established in the year 2017 with the help of Discus Fish and Changhao Jiang, Keystone offers a range of products that concentrate on security as well as reliability and ease of use for its customers.
One of the main advantages in the Keystone device is the air-gapped feature meaning that it doesn’t need be connected to any internet-connected device. This additional layer of security guarantees that your money is safe from online threats such as hacking or phishing. It is also open source this means that the source code is accessible for scrutiny and review and further enhancing the security of the device. Furthermore, the device can support various cryptocurrencies, including 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 very easy to use, and has a large display screen that allows users to easily view all assets. The hardware of the device is more durable than some of its rivals, meaning that it will last many years. In addition, the device comes with an unattachable battery this means that the battery can be easily replaced when it runs out. It also features an elegant and user-friendly interface, making it accessible to users of all experience levels.
The process of setting up Keystone is simple. The setup process for Keystone device is simple. The device must be switched on and a QR code is scanned with the device’s camera on the Keystone website to authenticate the device. Then, a password is created and the terms of service are agreed upon. The 24-word seed phrase is written down on the booklet of seed phrases or a non-digital material. This seed phrase is essential for the security of the device so it is important that it is kept protected and never used to take by taking a picture or copied onto a computer or smartphone.
Finally, the device is paired with the Keystone app available in the Apple App store or Google Play store. It acts as an interface for approving and sign transactions. However, it is vital to keep in mind that the device doesn’t have an internet connection. This added layer of security makes sure that the money is safe even if your smartphone is compromised.
In conclusion we can say that Keystone’s Keystone product is safe and solid hardware wallet that provides an air-gapped solution that is easy to use. With support for a range of cryptocurrency as well as an open-source firmware and an easy-to-use interface, it is a great option for both institutions and individuals who want to keep the Bitcoin offline. Its focus on security safety, reliability, and comfort and its single-stop shop for everything crypto with support for 9 different currencies, 700 tokens, and offering the ability to access an inbuilt DApp store makes it a top-notch option for anyone who is in the market for an electronic wallet.