The Keystone device, previously known by the name of Cobo Wallet, is a hardware wallet that is growing in popularity among individuals and institutions who seek secure methods to store their cryptocurrency. Founded in 2017 by Discus Fish and Changhao Jiang, Keystone offers a range of products that are focused on security along with reliability and comfort for its clients.
One of the major advantages in the Keystone device is the air-gapped feature meaning that it doesn’t need for an internet-connected device. This extra layer of security ensures that the funds are safe from online threats, such as hacking or fraud. The device is also open-source, which means that the code is made accessible for scrutiny and review, further increasing the security of the device. Additionally, the device supports various cryptocurrencies, including 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 very easy to use, and has a large display screen that makes it simple to view all assets. The device’s hardware is also more durable than its competitors, ensuring that it will last a long time. In addition, the device comes with an unattachable battery, which means that the battery can be quickly removed when it’s full. The device also has a sleek and easy-to-navigate interface that is accessible to users of all levels of experience.
The procedure for setting up the Keystone device is easy. First, the device is switched on and it scans a QR code by the camera on the Keystone website to authenticate the device. Then, a password is created and the conditions of service are agreed upon. Following this, the 24 words seed phrase is then written down on the seed phrase book or another non-digital media. This seed phrase is crucial to the security of the device, so it is important to ensure it’s protected and never used to take a picture or typed onto smartphone or computer.
Additionally, the device is also connected to the Keystone application that is available through the Apple App store or Google Play store. It acts as an interface to approve and sign transactions. However, it is crucial to remember that the device doesn’t have an internet connection. This additional layer of security guarantees that the money is safe even if your smartphone is compromised.
In conclusion, Keystone’s Keystone device is a safe and reliable hardware wallet that offers an air-gapped solution that is easy to use. With support for a range of cryptocurrency, an open-source firmware, and a user-friendly interface it’s an excellent choice for both institutions and individuals who want to store their Bitcoin offline. Its focus on security, reliability, and convenience, along with its one-stop store for all things crypto with support for 9 different currencies with 700 tokens, as well as offering accessibility to the integrated DApp store, makes it an excellent choice for anyone looking for a hardware wallet.