The Keystone device, previously referred to in the past as Cobo Wallet, is a hardware wallet that is growing in recognition among institutions and individuals who are looking for secure ways to store their cryptocurrencies. Founded on the 17th of January 2017 by Discus Fish and Changhao Jiang, Keystone offers a range of products that focus on security, reliability, and convenience for its clients.
One of the most important characteristics in this Keystone device is its air-gapped option, which means that it doesn’t need to connect to an internet-connected device. This added layer of security ensures that the money is protected from online threats like hacking or the phishing attack. The device is also open-source this means that the code is made accessible for scrutiny and review and further enhancing the security of the device. Additionally, the device supports multiple cryptocurrencies, including Bitcoin, Bitcoin Cash, Dash, Ethereum, EOS, Litecoin, Polkadot, Tether, and Tron along with a number of ETH, TRON, and EOS digital tokens.
The Keystone gadget is very easy to use, thanks to its large display screen , which makes it simple to view all assets. Its hardware is more durable than some of its rivals, meaning 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 removed when it’s full. The device also has an elegant and user-friendly interface that is usable to any level of experience.
The procedure for setting up Keystone is simple. The setup process for Keystone device is straightforward. The device must be turned on, and then it scans a QR code using the camera of the device through the Keystone website to authenticate the device. Next, a password is established and the conditions of service are agreed to. After this, the 24 words seed phrase is then written down on the seed phrase book or another non-digital media. This seed phrase is essential to the device’s security, therefore it is crucial that it is kept safe and never taken a picture or typed onto smartphones or computers.
Additionally, the device is connected to the Keystone application available in the Apple App store or Google Play store. The app serves as an interface to approve and sign transactions, but it is important to note that the device is not connected to the internet. This additional layer of security makes sure that the funds are safe even if the smartphone is compromised.
In conclusion it is clear that the Keystone device is a safe and solid hardware wallet that provides an air-gapped solution that is easy to use. It supports a variety of cryptocurrencies, an open-source firmware, and a user-friendly interface it is a great option for individuals and institutions looking to store the Bitcoin offline. Its focus on security safety, reliability, and comfort, along with its one-stop store for all things crypto by supporting 9 different coins as well as 700 tokens and offering accessibility to the integrated DApp store makes it an excellent option for anyone who is who is looking to purchase hardware wallets.