The Keystone device, formerly known in the past as Cobo Wallet, is a hardware wallet that is rapidly gaining recognition among institutions and individuals who are looking for safe ways to keep their crypto. Founded in 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 most important advantages that is unique to this Keystone device is its air-gapped option which means it doesn’t have be connected to any internet-connected device. This extra layer of security ensures that your money is safe from online threats such as hacking or phishing. It is also open source, which means that the code is made available for review and scrutiny 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 and several ETH, TRON, and EOS digital tokens.
The Keystone device is also simple to use, and has a large display screen that lets you easily browse the entire inventory. The hardware of the device is more durable than its rivals, meaning that it will last an extended period of time. Additionally, the device has a battery pack that can be removed this means that the battery can be easily removed when it’s full. The device also has a sleek and easy-to-navigate interface, which makes it usable to any level of experience.
The process of setting up the Keystone device is simple. The device first needs to be switched on and a QR code is scanned using the camera of the device through the Keystone website to authenticate the device. Next, a password is set and the conditions of service are agreed to. The 24-word seed phrase is copied onto the seed phrase booklet or on another non-digital media. The seed phrase is vital to the device’s security, therefore it is crucial that it is kept safe and never taken in a photo or written on a computer or smartphone.
Additionally, the device is connected to the Keystone app, which is available on the Apple App store or Google Play store. The app serves as an interface for approving and sign transactions, but it is crucial to remember that the device itself doesn’t have an internet connection. This additional layer of security ensures that the funds are safe even if the smartphone is compromised.
In conclusion we can say that Keystone is a great choice for storing Bitcoin. Keystone product is secure and reliable hardware wallet that offers an easy-to-use , air-gapped feature. 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. Its focus on security as well as reliability and ease of use, along with its one-stop store for all things crypto with support for 9 different currencies, 700 tokens, and giving access to an integrated DApp store makes it an outstanding option for anyone who is in the market for a hardware wallet.