The Keystone device, previously known by the name of Cobo Wallet, is a hardware wallet that is gaining popularity with institutions and individuals who are looking for secure ways to store their cryptocurrencies. The company was established on the 17th of January 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 clients.
One of the most important advantages that is unique to the Keystone device is its air-gapped option meaning that it doesn’t have be connected to any online device. This extra layer of security ensures that your money is safe from online threats, such as hacking or fraud. It is also open source which means that the source code is available for review and scrutiny and further enhancing the security of the device. In addition, the device supports multiple cryptocurrencies, including Bitcoin, Bitcoin Cash, Dash, Ethereum, EOS, Litecoin, Polkadot, Tether, and Tron along with a number of ETH, TRON, and EOS digital tokens.
The Keystone product is very easy to use, with a large display screen that makes it simple to view the entire inventory. The device’s hardware is also more durable than its rivals, meaning that it lasts for a long time. In addition, the device comes with a battery pack that can be removed, which means that the battery can be easily removed when it’s full. It also features a sleek and easy-to-navigate interface, making it usable to all experience levels.
The setup process for the Keystone device is simple. The device must be powered on and then a QR code is scanned by the camera via the Keystone website to authenticate the device. After that, a password will be established and the terms of service are negotiated to. Following this, the 24-word seed phrase is written down on the seed phrase booklet or on an undigital medium. This seed phrase is crucial to the device’s security, therefore it is essential to keep it safe and never taken a picture or typed onto smartphones or computers.
Finally, the device is paired with the Keystone application that is available through the Apple App store or Google Play store. The app serves as an interface to approve and sign transactions. However, it is crucial to remember that the device is not connected to the internet. This additional layer of security makes sure that the money is safe even in the event that the phone is compromised.
In the end it is clear that the Keystone product is safe and reliable hardware wallet that offers an easy-to-use air-gapped option. With support for multiple cryptocurrencies as well as an open-source firmware and a user-friendly interface, it’s a fantastic choice for individuals and institutions looking to keep the Bitcoin offline. The device’s emphasis on security safety, reliability, and comfort, along with its one-stop shop 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 a top-notch choice for anyone in the market for an electronic wallet.