The Keystone device, previously referred to as Cobo Wallet, is a hardware wallet that is growing in popularity among individuals and institutions who are looking for secure ways to store their cryptocurrencies. It was 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, reliability, and convenience for its customers.
One of the most important features of the Keystone device is its air-gapped option, which means that it does not need for an online device. This added layer of security ensures that the money is protected from online threats such as hacking or fraud. The device is also open-source this means that the code is made available for review and scrutiny and further enhancing the security of the device. Additionally, the device supports various cryptocurrencies, including 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 very easy to use, thanks to its large display screen , which makes it simple to view every asset. The device’s hardware is also more durable than some of its competitors, which means that it will last for a long time. Furthermore, it has an unattachable battery and this means it can be removed when it’s full. The device also has an attractive and simple-to-use interface, which makes it accessible to users of any level of experience.
The procedure for setting up the Keystone device is straightforward. 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. Then, a password is established and the conditions of service are agreed to. Following this, the 24 words seed phrase is then written down on the seed phrase booklet or on a non-digital material. This seed phrase is crucial to the device’s security, so it is important to ensure it’s safe and never taken in a photo or written on smartphones or computers.
The device is connected to the Keystone application that is available through the Apple App store or Google Play store. It acts as an interface for approving and sign transactions. However, it is crucial to remember that the device doesn’t have an internet connection. This additional layer of security ensures that your funds are secure even if your smartphone is compromised.
In conclusion, the Keystone device is a secure and reliable hardware wallet that offers an easy-to-use , air-gapped feature. With support for multiple cryptocurrencies and an open-source firmware and a user-friendly interface it’s an excellent choice for institutions and individuals looking to keep their Bitcoin offline. Its focus on security, reliability, and convenience, along with its one-stop shop for all things crypto, with support for 9 different currencies as well as 700 tokens and giving the ability to access an inbuilt DApp store makes it an excellent choice for anyone looking for an electronic wallet.