The Keystone device, previously known as Cobo Wallet, is a hardware wallet that is growing in popularity among individuals and institutions who seek secure ways to store their cryptocurrencies. It was founded on the 17th of January 2017 with the help of Discus Fish and Changhao Jiang, Keystone offers a range of products that are focused on security, reliability, and convenience for its customers.
One of the most important features that is unique to this Keystone device is its air-gapped capability, which means that it doesn’t have 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. Additionally, the device supports several cryptocurrencies, such as Bitcoin, Bitcoin Cash, Dash, Ethereum, EOS, Litecoin, Polkadot, Tether and Tron and various ETH, TRON, and EOS digital tokens.
The Keystone gadget is very easy to use, and has a large display screen that makes it simple to view all assets. Its hardware is more durable than its competitors, which means that it will last for many years. In addition, the device comes with a detachable battery pack and this means the battery can be quickly replaced when it runs out. The device also has a sleek and easy-to-navigate interface, making it suitable for users of any level of experience.
The procedure for setting up the Keystone device is simple. The device must be powered on and then the QR code is scan with the device’s camera through the Keystone website to authenticate the device. After that, a password will be set and the terms of service are agreed 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, so it is important that it is kept safe and never taken a picture or typed onto smartphone or computer.
Finally, the device is connected to the Keystone application that is available through the Apple App store or Google Play store. It acts as an interface for approving and sign transactions, but it is important to note that the device itself does not have internet connectivity. This extra layer of security makes sure that your funds are secure even if your smartphone is compromised.
In conclusion we can say that the Keystone gadget is secure and reliable hardware wallet that offers 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 is a great option for individuals and institutions looking to keep the Bitcoin offline. The device’s emphasis on security, reliability, and convenience and its single-stop shop for all things crypto, with support for 9 different currencies as well as 700 tokens and giving access to an integrated DApp store, makes it an excellent choice for anyone in the market for an electronic wallet.