The Keystone device, formerly known by the name of Cobo Wallet, is a hardware wallet that is gaining recognition among institutions and individuals who seek secure ways to store their cryptocurrency. It was founded in the year 2017 in 2017 by 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 the Keystone device is its air-gapped option meaning that it doesn’t need be connected to any internet-connected device. This extra 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 publicly accessible for inspection and review, further increasing the security of the device. In addition, the device supports various cryptocurrencies, including Bitcoin, Bitcoin Cash, Dash, Ethereum, EOS, Litecoin, Polkadot, Tether and Tron along with a number of ETH, TRON, and EOS digital tokens.
The Keystone device is also very easy to use, with a large display screen , which allows users to easily view every asset. Its hardware is more durable than its competitors, ensuring that it lasts for an extended period of time. Additionally, the device has a battery pack that can be removed this means that the battery can be quickly removed when it’s full. It also features an attractive and simple-to-use interface, making it accessible to users of all levels of experience.
The process of setting up the Keystone device is simple. The device must be switched on and a QR code is scanned 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-word seed phrase is written down on the booklet of seed phrases or an undigital medium. This seed phrase is essential to the security of the device, therefore it is essential that it is kept protected and never used to take a picture or typed onto a computer or smartphone.
The device is connected to the Keystone app, which is available on the Apple App store or Google Play store. It acts as an interface 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 guarantees that your funds are secure even in the event that the phone is compromised.
In conclusion it is clear that Keystone’s Keystone device is a secure and solid hardware wallet that provides an easy-to-use air-gapped option. With support for a range of cryptocurrency as well as an open-source firmware and an easy-to-use interface, it’s an excellent choice for institutions and individuals looking to keep the Bitcoin offline. The device’s emphasis on security, reliability, and convenience as well as its one-stop store for all things crypto that supports 9 different coins, 700 tokens, and providing accessibility to the integrated DApp store, makes it an outstanding option for anyone who is looking for a hardware wallet.