The Keystone device, formerly known in the past as Cobo Wallet, is a hardware wallet that is growing in popularity among individuals and institutions seeking secure methods to store their cryptocurrencies. It was founded on the 17th of January 2017 with the help of Discus Fish and Changhao Jiang, Keystone offers a range of products that focus on security as well as reliability and ease of use for its clients.
One of the main characteristics that is unique to the Keystone device is its air-gapped capability, which means that it doesn’t need be connected to any internet-connected device. This added layer of security guarantees that your money is safe from online threats, such as hacking or phishing. The device is also open-source, which means that the code is publicly available for review and scrutiny which further enhances its security. Furthermore, the device can support various cryptocurrencies, including Bitcoin, Bitcoin Cash, Dash, Ethereum, EOS, Litecoin, Polkadot, Tether and Tron along with several ETH, TRON, and EOS digital tokens.
Keystone is a great device for business and leisure. Keystone product is simple to use, thanks to its large screen that lets you easily browse all assets. The device’s hardware is also more durable than its competitors, ensuring that it lasts for many years. Furthermore, it has a detachable battery pack this means that the battery can be quickly removed when it’s full. The device is also equipped with an attractive and simple-to-use interface that is accessible to users of any level of experience.
The setup process for the Keystone device is easy. The device must be switched on and it scans a QR code using the camera of the device via the Keystone website to authenticate the device. After that, a password will be established and the terms of service are negotiated to. Following this, the 24 words seed phrase is then copied down onto the provided seed phrase book or a non-digital material. This seed phrase is essential for the security of the device therefore it is crucial to ensure it’s secure and not taken as by taking a picture or copied onto smartphone or computer.
Finally, the device is also connected to the Keystone app available in the Apple App store or Google Play store. The app serves as an interface to approve and sign transactions. However, it is vital to keep in mind that the device itself is not connected to the internet. This extra layer of security makes sure that your funds are secure even if the smartphone is compromised.
In the end, Keystone is a great choice for storing Bitcoin. Keystone product is secure and solid hardware wallet that provides an easy-to-use , air-gapped feature. It supports a variety of cryptocurrencies and an open-source firmware and a user-friendly interface, it’s an excellent choice for individuals and institutions looking to store the Bitcoin offline. The focus of the device is security as well as reliability and ease of use and its single-stop shop for everything crypto by supporting 9 different coins as well as 700 tokens and offering the ability to access an inbuilt DApp store, makes it an excellent option for anyone who is in the market for an electronic wallet.