The Keystone device, formerly known by the name of Cobo Wallet, is a hardware wallet that is gaining recognition among institutions and individuals who seek secure methods to store their cryptocurrency. It was founded in 2017 by Discus Fish and Changhao Jiang, Keystone offers a range of products that concentrate on security, reliability, and convenience for its customers.
One of the most important characteristics that is unique to the Keystone device is its air-gapped option meaning that it does not need to connect to an internet-connected device. This added layer of security guarantees that the money is protected from online threats like hacking or phishing. It is also open source this means that the code is made available for review and scrutiny which further enhances its security. In addition, the device supports multiple cryptocurrencies, including Bitcoin, Bitcoin Cash, Dash, Ethereum, EOS, Litecoin, Polkadot, Tether and Tron and various ETH, TRON, and EOS digital tokens.
Keystone is a great device for business and leisure. Keystone device is also easy to use, with a large display screen , which lets you easily browse every asset. Its hardware is more durable than its rivals, meaning that it will last for a long time. In addition, the device comes with a detachable battery pack this means that the battery can be easily replaced when it runs out. It also features an attractive and simple-to-use interface, making it accessible to users of all experience levels.
The procedure for setting up the Keystone device is easy. First, the device is switched on and a QR code is scanned using the camera of the device on the Keystone website to authenticate the device. Then, a password is set and the conditions of service are agreed to. The 24 words seed phrase is then copied down onto the provided seed phrase booklet or on another non-digital media. This seed phrase is crucial to the device’s security, therefore it is crucial to ensure it’s secure and not taken as a picture or typed onto smartphone or computer.
The device is also connected to the Keystone app, which is available on the Apple App store or Google Play store. The app serves 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 added layer of security ensures that the money is safe even if the smartphone is compromised.
In conclusion, Keystone is a great choice for storing Bitcoin. Keystone device is a safe and reliable hardware wallet that offers an air-gapped solution that is easy to use. It supports a variety of cryptocurrencies and an open-source firmware and an easy-to-use interface, it is a great option for individuals and institutions looking to store your Bitcoin offline. Its focus on security as well as reliability and ease of use as well as its one-stop shop for everything crypto with support for 9 different currencies with 700 tokens, as well as giving accessibility to the integrated DApp store makes it an excellent option for anyone who is looking for a hardware wallet.