The Keystone device, previously known in the past as Cobo Wallet, is a hardware wallet that is growing in popularity among individuals and institutions who seek safe ways to store their cryptocurrencies. Founded 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 most important features that is unique to the Keystone device is its air-gapped capability which means it doesn’t need to connect to an internet-connected device. This extra layer of security guarantees that the money is protected from online threats, such as hacking or the phishing attack. It is also open source which means that the source code is accessible for inspection and review which further enhances the security of the device. Furthermore, the device can support various cryptocurrencies, including Bitcoin, Bitcoin Cash, Dash, Ethereum, EOS, Litecoin, Polkadot, Tether and Tron and a number of ETH, TRON, and EOS digital tokens.
Keystone is a great device for business and leisure. Keystone device is also very easy to use, with a large display screen that allows users to easily view every asset. The device’s hardware is also more durable than its competitors, ensuring that it will last a long time. Furthermore, it has an unattachable battery and this means the battery can be easily replaced when it runs out. The device is also equipped with an attractive and simple-to-use interface that is accessible to users of any level of experience.
The setup process for keystone Keystone device is easy. First, the device is powered on and then the QR code is scan by the camera via the Keystone website to authenticate the device. Then, a password is created and the conditions of service are agreed to. The 24 words seed phrase is then copied onto the seed phrase booklet or on another non-digital media. The seed phrase is vital for the security of the device therefore it is crucial that it is kept safe and never taken in a photo or written on smartphones or computers.
Additionally, the device is also connected to the Keystone application available in the Apple App store or Google Play store. The app serves as an interface for approving and sign transactions. However, it is crucial to remember that the device does not have internet connectivity. This additional layer of security makes sure that the funds are safe even if your smartphone is compromised.
In conclusion we can say that Keystone is a great choice for storing Bitcoin. Keystone device is a secure and reliable hardware wallet that offers an easy-to-use air-gapped option. It supports a variety of cryptocurrencies and an open-source firmware and a user-friendly interface it is a great option for both institutions and individuals who want to keep the Bitcoin offline. The focus of the device is security, reliability, and convenience, along with its one-stop shop for everything crypto by supporting 9 different coins, 700 tokens, and giving the ability to access an inbuilt DApp store makes it a top-notch choice for anyone in the market for a hardware wallet.