The Keystone device, previously referred to by the name of Cobo Wallet, is a hardware wallet that is growing in popularity among individuals and institutions who seek safe ways to store their cryptocurrency. It was founded on the 17th of January 2017 by Discus Fish and Changhao Jiang, Keystone offers a range of products that are focused on security, reliability, and convenience for its clients.
One of the main characteristics that is unique to Keystone is that the Keystone device is its air-gapped capability meaning that it doesn’t have to connect to an internet-connected device. This added layer of security ensures that the money is protected from online threats like hacking or the phishing attack. The device is also open-source which means that the source code is available for review and scrutiny and further enhancing its security. Furthermore, the device can support multiple cryptocurrencies, including Bitcoin, Bitcoin Cash, Dash, Ethereum, EOS, Litecoin, Polkadot, Tether and Tron along with a number of ETH, TRON, and EOS digital tokens.
The Keystone product is simple to use, and has a large display screen that allows users to easily view all assets. Its hardware is more durable than some of its competitors, which means that it will last many years. In addition, the device comes with a detachable battery pack this means that it can be replaced when it runs out. It also features an elegant and user-friendly interface, which makes it suitable for users of any level of experience.
The procedure for setting up keystone Keystone device is simple. First, the device is switched on and the QR code is scan by the camera on the Keystone website to authenticate the device. Next, a password is set and the terms of service are negotiated to. The 24-word seed phrase is copied down onto the provided seed phrase booklet or on another non-digital media. This seed phrase is essential to the device’s security, therefore it is essential to keep it secure and not taken as a picture or typed onto smartphones or computers.
The device is also connected to the Keystone application that is available through the Apple App store or Google Play store. It acts as an interface that allows users to approve and sign transactions. However, it is crucial to remember that the device itself does not have internet connectivity. This additional layer of security makes sure that the funds are safe even in the event that the phone is compromised.
In the end, the Keystone product is safe and robust hardware wallet that gives an easy-to-use air-gapped option. It supports a variety of cryptocurrencies, an open-source firmware, and a user-friendly interface it’s an excellent choice for individuals and institutions looking to store the Bitcoin offline. The device’s emphasis on security safety, reliability, and comfort, along with its one-stop store for all things crypto with support for 9 different currencies as well as 700 tokens and offering access to an integrated DApp store, makes it an outstanding option for anyone who is looking for an electronic wallet.