The Keystone device, formerly known in the past as Cobo Wallet, is a hardware wallet that is rapidly gaining popularity among individuals and institutions who are looking for secure methods to store their cryptocurrencies. It was founded in 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 clients.
One of the most important characteristics that is unique to the Keystone device is the air-gapped feature, which means that it does not need to connect to an internet-connected device. This additional layer of security makes sure that the funds are safe from online threats, such as hacking or the phishing attack. The device is also open-source, which means that the code is made accessible for inspection and review and further enhancing the security of the device. In addition, the device supports several cryptocurrencies, such as Bitcoin, Bitcoin Cash, Dash, Ethereum, EOS, Litecoin, Polkadot, Tether, and Tron, as well as several ETH, TRON, and EOS digital tokens.
The Keystone product is very easy to use, thanks to its large display screen that lets you easily browse every asset. Its hardware is more durable than some of its competitors, which means that it will last an extended period of time. Furthermore, it has an unattachable battery, which means that it can be replaced when it runs out. It also features a sleek and easy-to-navigate interface, making it suitable for users of any level 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 a QR code is scanned by the camera via the Keystone website to authenticate the device. After that, a password will be set and the terms of service are agreed to. Following this, the 24 words seed phrase is then written down on the booklet of seed phrases or a non-digital material. The seed phrase is vital for the security of the device therefore it is crucial that it is kept safe and never taken a picture or typed onto smartphones or computers.
Finally, the device is also connected to the Keystone application that is available through the Apple App store or Google Play store. This app acts as an interface to approve and sign transactions, but it is vital to keep in mind 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 the end we can say that the Keystone device is a secure 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 a fantastic choice for individuals and institutions looking to keep the Bitcoin offline. The focus of the device is security as well as reliability and ease of use and its single-stop shop for everything crypto that supports 9 different coins, 700 tokens, and offering the ability to access an inbuilt DApp store, makes it a top-notch choice for anyone looking for a hardware wallet.