The Keystone device, previously known in the past as Cobo Wallet, is a hardware wallet that is growing in popularity with institutions and individuals who are looking for secure methods to keep their crypto. Founded on the 17th of January 2017 in 2017 by Discus Fish and Changhao Jiang, Keystone offers a range of products that are focused on security as well as reliability and ease of use for its clients.
One of the most important characteristics of Keystone is that the Keystone device is its air-gapped capability which means it doesn’t need be connected to any online device. This additional layer of security makes sure that the funds are safe from online threats like hacking or fraud. It is also open source this means that the code is publicly accessible for inspection and review and further enhancing the security of the device. In addition, the device supports various cryptocurrencies, including Bitcoin, Bitcoin Cash, Dash, Ethereum, EOS, Litecoin, Polkadot, Tether and Tron, as well as several ETH, TRON, and EOS digital tokens.
The Keystone device is also easy to use, thanks to its large screen that lets you easily browse the entire inventory. Its hardware is more durable than its competitors, ensuring that it will last many years. Additionally, the device has an unattachable battery and this means it can be removed when it’s full. It also features an attractive and simple-to-use interface, making it suitable for users of any level of experience.
The setup process for keystone Keystone device is straightforward. The device first needs to be turned on, and then the QR code is scan with the device’s camera on the Keystone website to authenticate the device. Next, a password is established and the conditions of service are agreed to. The 24-word seed phrase is written down on the seed phrase book or a non-digital material. The seed phrase is vital for the security of the device therefore it is crucial to ensure it’s safe and never taken a picture or typed onto a computer or smartphone.
Finally, the device is paired with the Keystone application, which is available on the Apple App store or Google Play store. This app acts as an interface to approve and verify transactions, however it is important to note that the device is not connected to the internet. This additional layer of security guarantees that the money is safe even if your smartphone is compromised.
In the end it is clear that Keystone’s Keystone device is a safe and robust hardware wallet that gives an easy-to-use air-gapped option. With support for multiple cryptocurrencies and an open-source firmware and a user-friendly interface, it is a great option for individuals and institutions looking to store their Bitcoin offline. The device’s emphasis on security safety, reliability, and comfort and its single-stop shop for everything crypto by supporting 9 different coins, 700 tokens, and offering the ability to access an inbuilt DApp store makes it an excellent option for anyone who is in the market for a hardware wallet.