The Keystone device, formerly known by the name of Cobo Wallet, is a hardware wallet that is rapidly gaining recognition among institutions and individuals seeking safe ways to store their cryptocurrencies. It was 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 as well as reliability and ease of use for its customers.
One of the main advantages in this Keystone device is its air-gapped capability which means it does not need to connect to an online device. This added layer of security ensures that your money is safe from online threats such as hacking or phishing. The device is also open-source which means that the source code is accessible for scrutiny and review and further enhancing its security. In addition, the device supports various cryptocurrencies, including Bitcoin, Bitcoin Cash, Dash, Ethereum, EOS, Litecoin, Polkadot, Tether, and Tron, as well as several ETH, TRON, and EOS digital tokens.
The Keystone device is also easy to use, and has a large screen that makes it simple to view the entire inventory. The hardware of the device is more durable than its competitors, ensuring that it will last a long time. Additionally, the device has an unattachable battery, which means that it can be removed when it’s full. It also features an elegant and user-friendly interface, making it accessible to users of all levels of experience.
The process of setting up the Keystone device is straightforward. First, the device is switched on and it scans a QR code with the device’s camera on the Keystone website to authenticate the device. Next, a password is established and the terms of service are agreed to. Following this, the 24 words seed phrase is then written down on the seed phrase book or an undigital medium. The seed phrase is vital to the security of the device, therefore it is essential to ensure it’s safe and never taken by taking a picture or copied onto a computer or smartphone.
Additionally, the device is connected to the Keystone application available in the Apple App store or Google Play store. It acts as an interface that allows users to approve and verify transactions, however it is vital to keep in mind that the device is not connected to the internet. This added layer of security ensures that your funds are secure even in the event that the phone is compromised.
In conclusion it is clear that Keystone is a great choice for storing Bitcoin. Keystone product is safe and robust hardware wallet that gives an air-gapped solution that is easy to use. With support for a range of cryptocurrency, an open-source firmware, and an easy-to-use interface, it’s an excellent choice for both institutions and individuals who want to store your Bitcoin offline. Its focus on security as well as reliability and ease of use, along with its one-stop store for all things crypto that supports 9 different coins, 700 tokens, and giving accessibility to the integrated DApp store, makes it a top-notch choice for anyone looking for hardware wallets.