The Keystone device, previously known by the name of Cobo Wallet, is a hardware wallet that is rapidly gaining recognition among institutions and individuals who are looking for secure ways to store their cryptocurrencies. The company was established 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 clients.
One of the most important features in the Keystone device is its air-gapped capability which means it does not need for an online device. This extra layer of security makes sure that the money is protected from online threats like hacking or fraud. It is also open source, which means that the code is publicly accessible for scrutiny and review, further increasing the security of the device. Additionally, the device supports multiple cryptocurrencies, including Bitcoin, Bitcoin Cash, Dash, Ethereum, EOS, Litecoin, Polkadot, Tether and Tron and several ETH, TRON, and EOS digital tokens.
The Keystone product is very easy to use, thanks to its large screen that allows users to easily view all assets. The device’s hardware is also more durable than its competitors, which means that it lasts for an extended period of time. Additionally, the device has an unattachable battery, which means that the battery can be quickly replaced if it is exhausted. The device also has an attractive and simple-to-use interface that is usable to all levels of experience.
The process of setting up the Keystone device is simple. The device first needs to be switched on and a QR code is scanned by the camera through the Keystone website to authenticate the device. Then, a password is set and the conditions of service are negotiated to. The 24 words seed phrase is then copied down onto the provided booklet of seed phrases or a non-digital material. The seed phrase is vital to the security of the device, so it is important to ensure it’s protected and never used to take a picture or typed onto smartphones or computers.
Finally, the device is paired with the Keystone application that is available through the Apple App store or Google Play store. The app serves as an interface for approving and sign transactions. However, it is crucial to remember that the device doesn’t have an internet connection. This added layer of security ensures that the funds are safe even if your smartphone is compromised.
In conclusion, Keystone is a great choice for storing Bitcoin. Keystone device is a secure and solid hardware wallet that provides an air-gapped solution that is easy to use. With support for multiple cryptocurrencies as well as an open-source firmware and a user-friendly interface, it’s a fantastic choice for individuals and institutions looking to store their Bitcoin offline. The device’s emphasis on security, reliability, and convenience as well as its one-stop shop for all things crypto, with support for 9 different currencies with 700 tokens, as well as providing the ability to access an inbuilt DApp store makes it an excellent option for anyone who is in the market for an electronic wallet.