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 seek secure ways to store their cryptocurrency. The company was established on the 17th of January 2017 with the help of Discus Fish and Changhao Jiang, Keystone offers a range of products that are focused on security as well as reliability and ease of use for its customers.
One of the main advantages of the Keystone device is its air-gapped capability meaning that it doesn’t have be connected to any online device. This additional layer of security guarantees that your money is safe from online threats, such as hacking or phishing. The device is also open-source, which means that the code is publicly accessible for inspection and review, further increasing its security. Additionally, the device supports several cryptocurrencies, such as Bitcoin, Bitcoin Cash, Dash, Ethereum, EOS, Litecoin, Polkadot, Tether, and Tron and a number of ETH, TRON, and EOS digital tokens.
Keystone is a great device for business and leisure. Keystone device is also very easy to use, and has a large display screen that lets you easily browse all assets. The device’s hardware is also more durable than some of its competitors, which means that it will last many years. Additionally, the device has a detachable battery pack, which means that the battery can be easily replaced if it is exhausted. It also features an elegant and user-friendly interface that is accessible to users of all levels of experience.
The procedure for setting up the Keystone device is simple. First, the device is turned on, and then it scans a QR code with the device’s camera on the Keystone website to authenticate the device. Then, a password is set and the terms of service are negotiated to. The 24-word seed phrase is copied onto the booklet of seed phrases or another non-digital media. This seed phrase is essential for the security of the device therefore it is crucial to keep it secure and not taken as by taking a picture or copied onto smartphone or computer.
The device is also connected to the Keystone application available in the Apple App store or Google Play store. This app acts as an interface to approve and sign transactions. However, it is important to note that the device does not have internet connectivity. This extra layer of security ensures that the funds are safe even in the event that the phone is compromised.
In the end we can say that Keystone is a great choice for storing Bitcoin. Keystone device is a safe and robust hardware wallet that gives an air-gapped solution that is easy to use. With support for multiple cryptocurrencies, an open-source firmware, and a user-friendly interface it’s an excellent choice for institutions and individuals looking to keep their Bitcoin offline. The focus of the device is security, reliability, and convenience as well as its one-stop shop for everything crypto by supporting 9 different coins, 700 tokens, and giving access to an integrated DApp store, makes it an excellent option for anyone who is in the market for an electronic wallet.