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 are looking for secure ways to store their cryptocurrency. The company was established 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 along with reliability and comfort for its customers.
One of the most important characteristics in this Keystone device is its air-gapped capability meaning that it doesn’t have to connect to an online device. This extra layer of security guarantees that the money is protected from online threats such as hacking or phishing. The device is also open-source which means that the source code is accessible for inspection and review, further increasing its security. Furthermore, the device can support multiple cryptocurrencies, including Bitcoin, Bitcoin Cash, Dash, Ethereum, EOS, Litecoin, Polkadot, Tether and Tron, as well as a number of ETH, TRON, and EOS digital tokens.
The Keystone product is simple to use, and has a large screen that makes it simple to view the entire inventory. The hardware of the device is more durable than its rivals, meaning that it lasts for an extended period of time. Furthermore, it has a battery pack that can be removed this means that the battery can be easily removed when it’s full. It also features an elegant and user-friendly interface, which makes it accessible to users of all levels of experience.
The procedure for setting up Keystone is simple. The setup process for Keystone device is easy. First, the device is turned on, and then a QR code is scanned by the camera via the Keystone website to authenticate the device. After that, a password will be established and the terms of service are agreed to. Following this, the 24 words seed phrase is then copied down onto the provided booklet of seed phrases or a non-digital material. This seed phrase is crucial to the security of the device, so it is important to keep it protected and never used to take by taking a picture or copied onto smartphones or computers.
Additionally, 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 for approving and verify transactions, however it is vital to keep in mind that the device does not have internet connectivity. This added layer of security makes sure that your funds are secure even in the event that the phone is compromised.
In the end it is clear that Keystone’s Keystone product is secure and reliable hardware wallet that offers an easy-to-use air-gapped option. With support for multiple cryptocurrencies, an open-source firmware, and an easy-to-use interface, it is a great option for both institutions and individuals who want to store their Bitcoin offline. The device’s emphasis on security as well as reliability and ease of use and its single-stop store for all things crypto by supporting 9 different coins, 700 tokens, and providing access to an integrated DApp store makes it a top-notch choice for anyone looking for an electronic wallet.