The Keystone device, formerly known by the name of Cobo Wallet, is a hardware wallet that is growing in popularity with institutions and individuals who are looking for secure ways to keep their crypto. Founded in the year 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 major advantages in Keystone is that the Keystone device is its air-gapped option which means it doesn’t need to connect to an online device. This additional layer of security ensures that your money is safe from online threats like hacking or the phishing attack. The device is also open-source this means that the code is made available for review and scrutiny which further enhances its security. In addition, the device supports several cryptocurrencies, such as Bitcoin, Bitcoin Cash, Dash, Ethereum, EOS, Litecoin, Polkadot, Tether and Tron, as well as a number of ETH, TRON, and EOS digital tokens.
The Keystone device is also simple to use, thanks to its large display screen that makes it simple to view every asset. The hardware of the device is more durable than some of its rivals, meaning that it will last for a long time. Furthermore, it has a battery pack that can be removed and this means the battery can be easily replaced if it is exhausted. It also features a sleek and easy-to-navigate interface that is accessible to users of any level of experience.
The procedure for setting up Keystone is simple. The setup process for Keystone device is easy. First, the device is turned on, and then a QR code is scanned with the device’s camera through the Keystone website to authenticate the device. Then, a password is established and the conditions of service are negotiated to. After this, the 24-word seed phrase is copied down onto the provided seed phrase book or another non-digital media. The seed phrase is vital to the security of the device, so it is important to ensure it’s safe and never taken a picture or typed onto smartphones or computers.
Additionally, the device is connected to the Keystone application that is available through the Apple App store or Google Play store. The app serves as an interface for approving and sign transactions. However, it is important to note that the device is not connected to the internet. This additional layer of security makes sure that your funds are secure 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 solid hardware wallet that provides an air-gapped solution that is easy to use. With support for a range of cryptocurrency as well as an open-source firmware and a user-friendly interface, it is a great option for individuals and institutions looking to keep your Bitcoin offline. The device’s emphasis on security as well as reliability and ease of use and its single-stop shop for all things crypto, that supports 9 different coins as well as 700 tokens and giving accessibility to the integrated DApp store, makes it an excellent choice for anyone who is looking to purchase an electronic wallet.