The Keystone device, formerly known in the past as Cobo Wallet, is a hardware wallet that is growing in popularity with institutions and individuals who seek secure ways to store their cryptocurrencies. The company was established in 2017 with the help of Discus Fish and Changhao Jiang, Keystone offers a range of products that concentrate on security, reliability, and convenience for its customers.
One of the most important advantages that is unique to Keystone is that the Keystone device is the air-gapped feature which means it doesn’t need for an online device. This extra layer of security guarantees that your money is safe from online threats like hacking or phishing. The device is also open-source this means that the source code is accessible for scrutiny and review, further increasing the security of the device. In addition, the device supports various cryptocurrencies, including Bitcoin, Bitcoin Cash, Dash, Ethereum, EOS, Litecoin, Polkadot, Tether and Tron, as well as several ETH, TRON, and EOS digital tokens.
The Keystone device is also simple to use, with a large screen that allows users to easily view the entire inventory. Its hardware is more durable than some of its competitors, which means that it lasts for many years. Furthermore, it has a detachable battery pack and this means the battery can be quickly replaced if it is exhausted. It also features an elegant and user-friendly interface that is usable to all levels of experience.
The setup process for keystone Keystone device is simple. The device first needs to be turned on, and then a QR code is scanned by the camera on the Keystone website to authenticate the device. Then, a password is set and the terms of service are agreed to. Following this, the 24-word seed phrase is copied onto the seed phrase book or another non-digital media. The seed phrase is vital to the security of the device, therefore it is essential to keep it secure and not taken as a picture or typed onto smartphone or computer.
Finally, the device is also connected to the Keystone application that is available through the Apple App store or Google Play store. The app serves as an interface that allows users to approve and sign transactions, but it is crucial to remember that the device itself is not connected to the internet. This added layer of security makes sure that the money is safe even in the event that the phone is compromised.
In conclusion it is clear that the Keystone device is a safe and robust hardware wallet that gives an easy-to-use air-gapped option. It supports a variety of cryptocurrencies and an open-source firmware and a user-friendly interface, it’s an excellent choice for institutions and individuals looking to keep the Bitcoin offline. The focus of the device is security safety, reliability, and comfort and its single-stop shop for all things crypto, by supporting 9 different coins as well as 700 tokens and giving accessibility to the integrated DApp store, makes it a top-notch option for anyone who is who is looking to purchase a hardware wallet.