The Keystone device, previously referred to in the past as Cobo Wallet, is a hardware wallet that is rapidly gaining popularity among individuals and institutions seeking secure ways to store their cryptocurrencies. 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 as well as reliability and ease of use for its clients.
One of the main characteristics in Keystone is that the Keystone device is its air-gapped option which means it does not need for an online device. This additional layer of security ensures that the money is protected from online threats, such as hacking or fraud. The device is also open-source this means that the code is made accessible for scrutiny and review which further enhances its security. Furthermore, the device can support several cryptocurrencies, such as Bitcoin, Bitcoin Cash, Dash, Ethereum, EOS, Litecoin, Polkadot, Tether, and Tron along with various ETH, TRON, and EOS digital tokens.
Keystone is a great device for business and leisure. Keystone device is also very easy to use, and has a large display screen that allows users to easily view all assets. Its hardware is more durable than some of its competitors, which means that it lasts for a long time. Furthermore, it has a battery pack that can be removed this means that the battery can be easily replaced if it is exhausted. The device also has a sleek and easy-to-navigate interface, making it accessible to users of any level of experience.
The procedure for setting up Keystone is simple. The setup process for Keystone device is simple. The device first needs to be powered on and then it scans a QR code using the camera of the device on the Keystone website to authenticate the device. Next, a password is created and the terms of service are agreed upon. The 24-word seed phrase is written down on the booklet of seed phrases or another non-digital media. This seed phrase is essential for the security of the device so it is important to keep it protected and never used to take in a photo or written on a computer or smartphone.
Additionally, the device is paired with the Keystone application available in the Apple App store or Google Play store. It acts as an interface that allows users to approve and sign transactions. However, it is important to note that the device itself doesn’t have an internet connection. This additional layer of security ensures that your funds are secure even if the smartphone is compromised.
In the end, the Keystone gadget is safe and reliable hardware wallet that offers an air-gapped solution that is easy to use. With support for multiple cryptocurrencies, an open-source firmware, and a user-friendly interface, it’s an excellent choice for both institutions and individuals who want to store your Bitcoin offline. The focus of the device is security as well as reliability and ease of use and its single-stop store for all things crypto with support for 9 different currencies, 700 tokens, and providing access to an integrated DApp store, makes it an excellent option for anyone who is looking for an electronic wallet.