The Keystone device, previously referred to in the past as Cobo Wallet, is a hardware wallet that is gaining popularity among individuals and institutions who seek secure methods to store their cryptocurrencies. 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 focus on security, reliability, and convenience for its customers.
One of the main advantages that is unique to this Keystone device is its air-gapped option, which means that it doesn’t need be connected to any online device. This extra layer of security guarantees that your money is safe from online threats like hacking or phishing. It is also open source which means that the code is made accessible for inspection and review and further enhancing its security. Additionally, the device supports several cryptocurrencies, such as Bitcoin, Bitcoin Cash, Dash, Ethereum, EOS, Litecoin, Polkadot, Tether and Tron along with various ETH, TRON, and EOS digital tokens.
The Keystone product is easy to use, with a large screen that lets you easily browse the entire inventory. The hardware of the device is more durable than some of its competitors, which means that it will last for a long time. In addition, the device comes with an unattachable battery, which means that the battery can be easily replaced if it is exhausted. It also features an elegant and user-friendly interface, which makes it accessible to users of any level of experience.
The procedure for setting up keystone Keystone device is simple. The device must be turned on, and then it scans a QR code by the camera on the Keystone website to authenticate the device. Then, a password is created and the conditions of service are agreed to. The 24-word seed phrase is copied down onto the provided seed phrase book or another non-digital media. This seed phrase is crucial to the device’s security, therefore it is essential to keep it protected and never used to take a picture or typed onto a computer or smartphone.
Additionally, the device is also connected to the Keystone application, which is available on the Apple App store or Google Play store. This app acts as an interface for approving and verify transactions, however it is vital to keep in mind that the device is not connected to the internet. This additional layer of security ensures that your funds are secure even in the event that the phone is compromised.
In the end it is clear that Keystone’s Keystone device is a safe and solid hardware wallet that provides an air-gapped solution that is easy to use. With support for multiple cryptocurrencies as well as an open-source firmware and a user-friendly interface it is a great option for both institutions and individuals who want to keep your Bitcoin offline. Its focus on security, reliability, and convenience and its single-stop shop for everything crypto by supporting 9 different coins as well as 700 tokens and providing accessibility to the integrated DApp store makes it an excellent option for anyone who is looking for hardware wallets.