The Keystone device, previously known in the past as Cobo Wallet, is a hardware wallet that is gaining recognition among institutions and individuals who are looking for secure ways to store their cryptocurrency. It was founded in the year 2017 in 2017 by Discus Fish and Changhao Jiang, Keystone offers a range of products that concentrate on security along with reliability and comfort for its clients.
One of the most important characteristics that is unique to this Keystone device is its air-gapped capability, which means that it doesn’t need for an online device. This additional layer of security makes sure that your money is safe from online threats like hacking or the phishing attack. It is also open source which means that the code is made available for review and scrutiny, further increasing the security of the device. In addition, the device supports multiple cryptocurrencies, including Bitcoin, Bitcoin Cash, Dash, Ethereum, EOS, Litecoin, Polkadot, Tether and Tron and a number of ETH, TRON, and EOS digital tokens.
The Keystone device is also easy to use, with a large display screen that makes it simple to view all assets. The device’s hardware is also more durable than some of its competitors, which means that it will last an extended period of time. Furthermore, it has a battery pack that can be removed, which means that it can be replaced when it runs out. The device is also equipped with a sleek and easy-to-navigate interface, which makes it suitable for users of all experience levels.
The process of setting up the Keystone device is simple. First, the device is switched on and the QR code is scan by the camera via the Keystone website to authenticate the device. After that, a password will be established and the terms of service are agreed to. The 24 words seed phrase is then written down on the booklet of seed phrases or a non-digital material. This seed phrase is crucial to 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 paired with the Keystone application available in the Apple App store or Google Play store. The app serves as an interface that allows users to approve and verify transactions, however it is important to note that the device itself doesn’t have an internet connection. This extra layer of security ensures that your funds are secure even if the smartphone is compromised.
In the end we can say that the Keystone device is a secure and robust hardware wallet that gives an air-gapped solution that is easy to use. 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 keep your Bitcoin offline. The device’s emphasis on security safety, reliability, and comfort, along with its one-stop shop for everything crypto with support for 9 different currencies with 700 tokens, as well as giving the ability to access an inbuilt DApp store makes it an excellent option for anyone who is who is looking to purchase a hardware wallet.