The Keystone device, previously known by the name of Cobo Wallet, is a hardware wallet that is growing in popularity among individuals and institutions who seek secure ways to store their cryptocurrencies. Founded on the 17th of January 2017 by Discus Fish and Changhao Jiang, Keystone offers a range of products that focus on security along with reliability and comfort for its clients.
One of the major advantages that is unique to Keystone is that the Keystone device is the air-gapped feature which means it doesn’t have be connected to any internet-connected device. This additional layer of security makes sure that your money is 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 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 along with various ETH, TRON, and EOS digital tokens.
The Keystone product is very easy to use, thanks to its large display screen , which makes it simple to view all assets. The device’s hardware is also more durable than its competitors, which means that it will last an extended period of time. Furthermore, it has a battery pack that can be removed, which means that the battery can be easily removed when it’s full. The device is also equipped with an attractive and simple-to-use interface that is usable to all levels of experience.
The setup process for the Keystone device is straightforward. The device first needs to be turned on, and then the QR code is scan using the camera of the device via the Keystone website to authenticate the device. After that, a password will be established and the terms of service are agreed upon. Following this, the 24 words seed phrase is then copied down onto the provided seed phrase book or a non-digital material. The seed phrase is vital to the security of the device, therefore it is crucial to ensure it’s protected and never used to take in a photo or written on a computer or smartphone.
Finally, the device is 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. However, it is vital to keep in mind that the device does not have internet connectivity. This extra layer of security makes sure that the funds are safe even if the smartphone is compromised.
In conclusion we can say that Keystone’s Keystone device is a secure and solid hardware wallet that provides an easy-to-use , air-gapped feature. With support for multiple cryptocurrencies, an open-source firmware, and an easy-to-use interface, it is a great option for institutions and individuals looking to keep their Bitcoin offline. Its focus on security as well as reliability and ease of use, along with its one-stop store for all things crypto by supporting 9 different coins as well as 700 tokens and providing the ability to access an inbuilt DApp store makes it an excellent option for anyone who is who is looking to purchase a hardware wallet.