The Keystone device, formerly known by the name of Cobo Wallet, is a hardware wallet that is rapidly gaining popularity among individuals and institutions who are looking for safe ways to keep their crypto. The company was established in the year 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 main characteristics that is unique to the Keystone device is its air-gapped capability meaning that it does not need to connect to an internet-connected device. This extra layer of security ensures that the money is protected from online threats such as hacking or phishing. It is also open source which means that the code is publicly available for review and scrutiny which further enhances the security of the device. Additionally, the device supports various cryptocurrencies, including Bitcoin, Bitcoin Cash, Dash, Ethereum, EOS, Litecoin, Polkadot, Tether and Tron and various ETH, TRON, and EOS digital tokens.
The Keystone product is easy to use, and has a large screen that makes it simple to view every asset. The device’s hardware is also more durable than its competitors, which means that it will last for a long time. Furthermore, it has an unattachable battery this means that the battery can be easily removed when it’s full. The device is also equipped with a sleek and easy-to-navigate interface, making it accessible to users of all levels of experience.
The procedure for setting up keystone Keystone device is straightforward. The device must be powered on and then the QR code is scan using the camera of the device on the Keystone website to authenticate the device. Then, a password is set and the terms of service are agreed to. After this, 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 essential to the security of the device, therefore it is crucial to keep it protected and never used to take by taking a picture or copied onto smartphones or computers.
The device is connected to the Keystone application, which is available on the Apple App store or Google Play store. The app serves as an interface that allows users to approve and verify transactions, however it is important to note that the device itself doesn’t have an internet connection. This added layer of security ensures that the money is safe even in the event that the phone is compromised.
In the end we can say that the Keystone product is secure and robust hardware wallet that gives an easy-to-use air-gapped option. With support for multiple cryptocurrencies, an open-source firmware, and a user-friendly interface it is a great option for individuals and institutions looking to store the Bitcoin offline. Its focus on security, reliability, and convenience and its single-stop store for all things crypto that supports 9 different coins with 700 tokens, as well as providing accessibility to the integrated DApp store, makes it a top-notch choice for anyone who is looking to purchase an electronic wallet.