The Keystone device, formerly known by the name of Cobo Wallet, is a hardware wallet that is gaining recognition among institutions and individuals seeking secure ways to store their cryptocurrencies. It was founded on the 17th of January 2017 in 2017 by Discus Fish and Changhao Jiang, Keystone offers a range of products that focus on security along with reliability and comfort for its customers.
One of the major characteristics that is unique to this Keystone device is its air-gapped option, which means that it doesn’t need be connected to any online device. This extra layer of security guarantees that the funds are safe from online threats like hacking or the phishing attack. The device is also open-source which means that the code is made accessible for scrutiny and review and further enhancing its security. In addition, the device supports multiple cryptocurrencies, including Bitcoin, Bitcoin Cash, Dash, Ethereum, EOS, Litecoin, Polkadot, Tether and Tron along with various ETH, TRON, and EOS digital tokens.
Keystone is a great device for business and leisure. Keystone product is easy to use, with a large screen that makes it simple to view the entire inventory. The device’s hardware is also more durable than some of its competitors, ensuring that it will last a long time. Additionally, the device has a detachable battery pack this means that it can be replaced if it is exhausted. It also features an attractive and simple-to-use interface, making it suitable for users of all levels of experience.
The procedure for setting up Keystone is simple. The setup process for Keystone device is simple. First, the device is powered on and then the QR code is scan by the camera through the Keystone website to authenticate the device. Then, a password is created and the conditions of service are agreed to. After this, the 24-word seed phrase is copied onto the booklet of seed phrases or a non-digital material. The seed phrase is vital for the security of the device so it is important to keep it safe and never taken in a photo or written on smartphones or computers.
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 vital to keep in mind that the device is not connected to the internet. This added layer of security guarantees that the money is safe even if your smartphone is compromised.
In conclusion we can say that Keystone’s Keystone device is a safe and robust hardware wallet that gives an easy-to-use air-gapped option. With support for multiple cryptocurrencies, an open-source firmware, and a user-friendly interface it is a great option for individuals and institutions looking to keep the Bitcoin offline. The focus of the device is security, reliability, and convenience and its single-stop store for all things crypto by supporting 9 different coins with 700 tokens, as well as offering accessibility to the integrated DApp store makes it a top-notch option for anyone who is who is looking to purchase a hardware wallet.