The Keystone device, previously referred to as Cobo Wallet, is a hardware wallet that is gaining recognition among institutions and individuals who seek safe ways to keep their crypto. It was founded on the 17th of January 2017 in 2017 by Discus Fish and Changhao Jiang, Keystone offers a range of products that focus on security as well as reliability and ease of use for its customers.
One of the most important features that is unique to Keystone is that the Keystone device is its air-gapped capability, which means that it does not need be connected to any online device. This additional layer of security ensures that the funds are safe from online threats, such as hacking or phishing. The device is also open-source, which means that the code is publicly accessible for scrutiny and review and further enhancing the security of the device. Additionally, the device supports several cryptocurrencies, such as Bitcoin, Bitcoin Cash, Dash, Ethereum, EOS, Litecoin, Polkadot, Tether and Tron along with several ETH, TRON, and EOS digital tokens.
The Keystone product is easy to use, with a large screen that makes it simple to view the entire inventory. The hardware of the device is more durable than some of its competitors, ensuring that it will last many years. In addition, the device comes with an unattachable battery and this means the battery can be easily replaced if it is exhausted. It also features an elegant and user-friendly interface, making it usable to all levels of experience.
The setup process for the Keystone device is easy. First, the device is switched on and it scans a QR code with the device’s camera via the Keystone website to authenticate the device. Then, a password is established and the conditions of service are negotiated to. The 24 words seed phrase is then copied down onto the provided seed phrase book or an undigital medium. The seed phrase is vital to the security of the device, therefore it is essential to keep it protected and never used to take a picture or typed onto smartphones or computers.
Additionally, the device is connected to the Keystone app 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 doesn’t have an internet connection. This additional layer of security makes sure that the money is safe even if the smartphone is compromised.
In conclusion it is clear that the Keystone device is a safe and robust hardware wallet that gives an air-gapped solution that is easy to use. With support for a range of cryptocurrency, an open-source firmware, and a user-friendly interface it’s an excellent choice for institutions and individuals looking to store the Bitcoin offline. The focus of the device is security safety, reliability, and comfort and its single-stop shop for all things crypto, that supports 9 different coins, 700 tokens, and offering the ability to access an inbuilt DApp store makes it an excellent option for anyone who is who is looking to purchase an electronic wallet.