Keystone is a device that Keystone device, previously known in the past as Cobo Wallet, is a hardware wallet that is growing in recognition among institutions and individuals who are looking for secure ways to store their cryptocurrency. It was founded in 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 customers.
One of the main advantages that is unique to the Keystone device is the air-gapped feature meaning that it does not need for an online device. This extra layer of security guarantees that your money is safe from online threats, such as hacking or the phishing attack. It is also open source, which means that the source code is accessible for scrutiny and review, further increasing the security of the device. Additionally, the device supports multiple cryptocurrencies, including Bitcoin, Bitcoin Cash, Dash, Ethereum, EOS, Litecoin, Polkadot, Tether and Tron along with several ETH, TRON, and EOS digital tokens.
The Keystone device is also simple to use, and has a large display screen that allows users to easily view every asset. Its hardware is more durable than its rivals, meaning that it will last for a long time. Furthermore, it has an unattachable battery this means that the battery can be easily replaced when it runs out. The device also has an elegant and user-friendly interface, making it suitable for users of all levels of experience.
The setup process for the Keystone device is simple. First, the device is powered on and then a QR code is scanned by the camera through the Keystone website to authenticate the device. After that, a password will be set and the terms of service are agreed to. After this, the 24-word seed phrase is copied down onto the provided booklet of seed phrases or another non-digital media. The seed phrase is vital to the device’s security, therefore it is crucial that it is kept secure and not taken as a picture or typed onto a computer or smartphone.
The device is connected to the Keystone application that is available through the Apple App store or Google Play store. This app acts as an interface to approve and sign transactions, but it is vital to keep in mind that the device itself is not connected to the internet. This added layer of security guarantees that your funds are secure even if the smartphone is compromised.
In the end we can say that Keystone’s Keystone device is a safe and robust hardware wallet that gives an air-gapped solution that is easy to use. With support for a range of cryptocurrency, an open-source firmware, and a user-friendly interface, it’s a fantastic choice for institutions and individuals looking to store your Bitcoin offline. The device’s emphasis on security as well as reliability and ease of use as well as its one-stop store for all things crypto with support for 9 different currencies as well as 700 tokens and providing access to an integrated DApp store, makes it an outstanding option for anyone who is in the market for a hardware wallet.