The Keystone device, previously known in the past as Cobo Wallet, is a hardware wallet that is rapidly gaining popularity with institutions and individuals who seek secure ways to store their cryptocurrency. It was founded in the year 2017 in 2017 by Discus Fish and Changhao Jiang, Keystone offers a range of products that focus on security along with reliability and comfort for its customers.
One of the major advantages in this Keystone device is its air-gapped option which means it does not need for an internet-connected device. This extra layer of security guarantees that the funds are safe from online threats such as hacking or phishing. The device is also open-source this means that the code is publicly accessible for scrutiny and review which further enhances the security of the device. Additionally, the device supports various cryptocurrencies, including 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 device is also simple to use, thanks to its large screen that lets you easily browse all assets. Its hardware is more durable than some of its competitors, ensuring that it will last for an extended period of time. Additionally, the device has a detachable battery pack this means that it can be replaced when it runs out. The device also has an attractive and simple-to-use interface, making it suitable for users of all levels of experience.
The setup process for the Keystone device is easy. The device must be powered on and then a QR code is scanned using the camera of the device via the Keystone website to authenticate the device. Then, a password is set and the conditions of service are agreed to. Following this, the 24 words seed phrase is then copied onto the seed phrase booklet or on an undigital medium. This seed phrase is crucial to the device’s security, therefore it is crucial that it is kept protected and never used to take by taking a picture or copied onto smartphones or computers.
Finally, the device is connected to the Keystone app, which is available on 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 doesn’t have an internet connection. This extra layer of security ensures that the money is safe even if your smartphone is compromised.
In the end 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, an open-source firmware, and an easy-to-use interface, it’s a fantastic choice for institutions and individuals looking to store your Bitcoin offline. Its focus on security, reliability, and convenience as well as its one-stop shop for everything crypto by supporting 9 different coins as well as 700 tokens and providing access to an integrated DApp store, makes it an outstanding choice for anyone in the market for an electronic wallet.