The Keystone device, previously referred to by the name of Cobo Wallet, is a hardware wallet that is gaining popularity with institutions and individuals who seek secure methods to keep their crypto. It was founded in the year 2017 in 2017 by Discus Fish and Changhao Jiang, Keystone offers a range of products that are focused on security along with reliability and comfort for its customers.
One of the main advantages that is unique to Keystone is that the Keystone device is the air-gapped feature which means it doesn’t have to connect to an online device. This additional layer of security ensures that the money is protected from online threats like hacking or phishing. The device is also open-source which means that the code is publicly accessible for inspection and review which further enhances the security of the device. Furthermore, the device can support multiple cryptocurrencies, including Bitcoin, Bitcoin Cash, Dash, Ethereum, EOS, Litecoin, Polkadot, Tether and Tron along with various ETH, TRON, and EOS digital tokens.
The Keystone device is also very easy to use, with a large display screen , which lets you easily browse all assets. The device’s hardware is also more durable than its competitors, which means that it lasts for many years. In addition, the device comes with a battery pack that can be removed this means that it can be replaced when it runs out. It also features a sleek and easy-to-navigate interface, which makes it accessible to users of all levels of experience.
The procedure for setting up keystone Keystone device is straightforward. First, the device is turned on, and then it scans a QR code by the camera through the Keystone website to authenticate the device. Next, a password is set and the conditions of service are negotiated to. The 24 words seed phrase is then copied onto the booklet of seed phrases or another non-digital media. This seed phrase is essential to the device’s security, therefore it is essential that it is kept secure and not taken as in a photo or written on smartphone or computer.
The device is paired with the Keystone application that is available through 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 itself is not connected to the internet. This additional layer of security ensures that the funds are safe even if the smartphone is compromised.
In conclusion, the Keystone device is a safe and solid hardware wallet that provides an air-gapped solution that is easy to use. With support for a range of cryptocurrency and an open-source firmware and a user-friendly interface, it’s an excellent choice for both institutions and individuals who want to store the Bitcoin offline. The focus of the device is security as well as reliability and ease of use, along with its one-stop shop for everything crypto with support for 9 different currencies with 700 tokens, as well as giving the ability to access an inbuilt DApp store, makes it an excellent option for anyone who is who is looking to purchase an electronic wallet.