The Keystone device, previously known as Cobo Wallet, is a hardware wallet that is gaining popularity among individuals and institutions seeking safe ways to keep their crypto. Founded on the 17th of January 2017 with the help of Discus Fish and Changhao Jiang, Keystone offers a range of products that are focused on security along with reliability and comfort 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 have to connect to an internet-connected device. This additional layer of security makes sure that the funds are safe from online threats, such as hacking or the phishing attack. The device is also open-source which means that the code is made accessible for inspection and review, further increasing its security. Furthermore, the device can support several cryptocurrencies, such as Bitcoin, Bitcoin Cash, Dash, Ethereum, EOS, Litecoin, Polkadot, Tether and Tron, as well as several ETH, TRON, and EOS digital tokens.
The Keystone product is easy to use, thanks to its large display screen , which allows users to easily view every asset. The hardware of the device is more durable than some of its competitors, ensuring that it will last for many years. Furthermore, it has a detachable battery pack, which means that the battery can be easily removed when it’s full. The device also has an attractive and simple-to-use interface, making it accessible to users of all levels of experience.
The process of setting up keystone Keystone device is simple. The device must be powered on and then it scans a QR code using the camera of the device via the Keystone website to authenticate the device. Then, a password is established and the conditions of service are agreed upon. The 24 words seed phrase is then copied down onto the provided seed phrase book or an undigital medium. This seed phrase is essential for the security of the device therefore it is essential that it is kept secure and not taken as by taking a picture or copied onto smartphones or computers.
The device is also connected to the Keystone app that is available through the Apple App store or Google Play store. This app acts as an interface to approve and sign transactions, but it is important to note that the device itself doesn’t have an internet connection. This added layer of security guarantees that your funds are secure even if the smartphone is compromised.
In the end we can say that the Keystone product is safe and reliable hardware wallet that offers an easy-to-use air-gapped option. It supports a variety of cryptocurrencies, an open-source firmware, and a user-friendly interface it’s a fantastic choice for individuals and institutions looking to keep your Bitcoin offline. The focus of the device is security as well as reliability and ease of use, along with its one-stop shop for everything crypto that supports 9 different coins with 700 tokens, as well as offering the ability to access an inbuilt DApp store, makes it an outstanding option for anyone who is who is looking to purchase a hardware wallet.