The Keystone device, previously known by the name of Cobo Wallet, is a hardware wallet that is growing in recognition among institutions and individuals who seek secure ways to store their cryptocurrency. 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 focus on security as well as reliability and ease of use for its customers.
One of the most important features of Keystone is that the Keystone device is the air-gapped feature, which means that it does not need for an online device. This additional layer of security guarantees that your money is safe from online threats, such as hacking or fraud. It is also open source which means that the code is made accessible for scrutiny and review which further enhances its security. In addition, the device supports several cryptocurrencies, such as Bitcoin, Bitcoin Cash, Dash, Ethereum, EOS, Litecoin, Polkadot, Tether and Tron along with various ETH, TRON, and EOS digital tokens.
The Keystone device is also easy to use, and has a large display screen that allows users to easily view the entire inventory. The device’s hardware is also more durable than its competitors, ensuring that it will last for a long time. Additionally, the device has a battery pack that can be removed, which means that the battery can be easily replaced if it is exhausted. The device is also equipped with a sleek and easy-to-navigate interface, making it accessible to users of any level of experience.
The procedure for setting up keystone Keystone device is easy. The device first needs to be powered on and then it scans a QR code by the camera through the Keystone website to authenticate the device. Next, a password is set and the terms of service are negotiated to. After this, the 24 words seed phrase is then written down on the seed phrase booklet or on a non-digital material. This seed phrase is essential to the device’s security, therefore it is crucial to ensure it’s secure and not taken as in a photo or written on a computer or smartphone.
Finally, the device is connected to the Keystone application, which is available on the Apple App store or Google Play store. This app acts as an interface that allows users to approve and verify transactions, however it is vital to keep in mind that the device does not have internet connectivity. This additional layer of security makes sure that your funds are secure even if the smartphone is compromised.
In conclusion it is clear that Keystone’s Keystone device is a safe and solid hardware wallet that provides an easy-to-use , air-gapped feature. With support for a range of cryptocurrency and an open-source firmware and an easy-to-use interface, it’s a fantastic choice for individuals and institutions looking to keep the Bitcoin offline. The focus of the device is security safety, reliability, and comfort as well as its one-stop shop for all things crypto, by supporting 9 different coins as well as 700 tokens and giving the ability to access an inbuilt DApp store, makes it an outstanding option for anyone who is in the market for a hardware wallet.