The Keystone device, previously referred to in the past as Cobo Wallet, is a hardware wallet that is rapidly gaining popularity among individuals and institutions who seek safe ways to store their cryptocurrencies. Founded on the 17th of January 2017 in 2017 by Discus Fish and Changhao Jiang, Keystone offers a range of products that concentrate on security as well as reliability and ease of use for its customers.
One of the most important characteristics of Keystone is that the Keystone device is its air-gapped capability, which means that it doesn’t have to connect to an online device. This extra layer of security ensures that your money is 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. 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.
The Keystone device is also easy to use, thanks to its large display screen , which lets you easily browse the entire inventory. Its hardware is more durable than some of its competitors, ensuring that it will last many years. Furthermore, it has a detachable battery pack this means that it can be replaced when it runs out. It also features a sleek and easy-to-navigate interface, which makes it suitable for users of any level of experience.
The setup process for the Keystone device is straightforward. The device first needs to be switched on and it scans a QR code with the device’s camera through the Keystone website to authenticate the device. Next, a password is created and the conditions of service are agreed upon. Following this, the 24-word seed phrase is copied onto the booklet of seed phrases or another non-digital media. This seed phrase is crucial to the device’s security, therefore it is crucial that it is kept safe and never taken by taking a picture or copied onto a computer or smartphone.
Additionally, the device is also connected to the Keystone app available in the Apple App store or Google Play store. The app serves as an interface to approve and sign transactions, but it is vital to keep in mind that the device is not connected to the internet. This extra layer of security makes sure that the funds are safe even in the event that the phone is compromised.
In conclusion it is clear that Keystone’s Keystone product is safe and solid hardware wallet that provides an easy-to-use , air-gapped feature. With support for multiple cryptocurrencies and an open-source firmware and a user-friendly interface, it’s an excellent choice for individuals and institutions looking to store your Bitcoin offline. Its focus on security safety, reliability, and comfort and its single-stop shop for all things crypto, with support for 9 different currencies, 700 tokens, and giving accessibility to the integrated DApp store, makes it an excellent choice for anyone looking for a hardware wallet.