The Keystone device, previously known in the past as Cobo Wallet, is a hardware wallet that is gaining popularity with institutions and individuals seeking safe ways to keep their crypto. The company was established 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 along with reliability and comfort for its clients.
One of the most important characteristics of this Keystone device is the air-gapped feature, which means that it doesn’t have for an online device. This extra layer of security guarantees that your money is 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 and further enhancing its security. Furthermore, the device can support several cryptocurrencies, such as Bitcoin, Bitcoin Cash, Dash, Ethereum, EOS, Litecoin, Polkadot, Tether, and Tron and several ETH, TRON, and EOS digital tokens.
The Keystone device is also easy to use, with a large display screen , which lets you easily browse every asset. Its hardware is more durable than its competitors, ensuring that it will last many years. Additionally, the device 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 suitable for users of any level of experience.
The procedure for setting up keystone Keystone device is simple. The device first needs to be powered on and then the QR code is scan using the camera of the device via the Keystone website to authenticate the device. Next, a password is created and the conditions of service are negotiated to. Following this, the 24-word seed phrase is written down on the seed phrase booklet or on another non-digital media. The seed phrase is vital for the security of the device so it is important to ensure it’s safe and never taken by taking a picture or copied onto smartphone or computer.
Additionally, 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 that allows users to approve and sign transactions. However, it is vital to keep in mind that the device itself is not connected to the internet. This added layer of security guarantees that the funds are safe even in the event that the phone is compromised.
In conclusion, Keystone is a great choice for storing Bitcoin. Keystone device is a secure and robust hardware wallet that gives 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 store your Bitcoin offline. Its focus on security, reliability, and convenience and its single-stop shop for everything crypto that supports 9 different coins with 700 tokens, as well as giving accessibility to the integrated DApp store makes it an excellent choice for anyone looking for a hardware wallet.