The Keystone device, formerly known in the past as Cobo Wallet, is a hardware wallet that is gaining popularity with institutions and individuals who seek secure 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 concentrate on security, reliability, and convenience for its customers.
One of the main characteristics that is unique to Keystone is that the Keystone device is the air-gapped feature which means it doesn’t have be connected to any online device. This additional layer of security ensures that the money is protected from online threats such as hacking or the phishing attack. It is also open source, which means that the code is publicly accessible for inspection and review, further increasing the security of the device. Furthermore, the device can support several cryptocurrencies, such as Bitcoin, Bitcoin Cash, Dash, Ethereum, EOS, Litecoin, Polkadot, Tether, and Tron, as well as a number of ETH, TRON, and EOS digital tokens.
The Keystone gadget is simple to use, thanks to its large display screen that makes it simple to view all assets. Its hardware is more durable than some of its competitors, which means that it lasts for a long time. Additionally, the device has a battery pack that can be removed and this means the battery can be quickly replaced when it runs out. The device is also equipped with a sleek and easy-to-navigate interface, which makes it usable to any level of experience.
The process of setting up the 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 through the Keystone website to authenticate the device. After that, a password will be set and the terms of service are agreed to. Following this, the 24 words seed phrase is then copied onto the booklet of seed phrases or another non-digital media. The seed phrase is vital to the device’s security, so it is important to ensure it’s secure and not taken as a picture or typed onto smartphones or computers.
Additionally, the device is paired with the Keystone application, which is available on the Apple App store or Google Play store. The app serves as an interface for approving and sign transactions, but it is crucial to remember that the device is not connected to the internet. This additional layer of security guarantees that the funds are safe even if your smartphone is compromised.
In the end it is clear that the Keystone product is secure and robust hardware wallet that gives an air-gapped solution that is easy to use. With support for multiple cryptocurrencies and an open-source firmware and a user-friendly interface, it’s an excellent choice for both institutions and individuals who want to keep your Bitcoin offline. The device’s emphasis on security as well as reliability and ease of use, along with its one-stop shop for all things crypto, that supports 9 different coins with 700 tokens, as well as giving access to an integrated DApp store makes it an outstanding choice for anyone in the market for hardware wallets.