The Keystone device, previously referred to as Cobo Wallet, is a hardware wallet that is rapidly gaining popularity among individuals and institutions who are looking for safe ways to store their cryptocurrency. Founded on the 17th of January 2017 in 2017 by Discus Fish and Changhao Jiang, Keystone offers a range of products that are focused on security along with reliability and comfort for its clients.
One of the main features in this Keystone device is the air-gapped feature, which means that it doesn’t have for an online device. This additional layer of security ensures that the funds are safe from online threats like hacking or phishing. The device is also open-source, which means that the code is made accessible for scrutiny and review which further enhances the security of the device. Furthermore, the device can support several cryptocurrencies, such as Bitcoin, Bitcoin Cash, Dash, Ethereum, EOS, Litecoin, Polkadot, Tether and Tron and several ETH, TRON, and EOS digital tokens.
The Keystone device is also simple to use, and has a large screen that makes it simple to view the entire inventory. Its hardware is more durable than some of its competitors, which means that it will last a long time. Furthermore, it has a detachable battery pack, which means that the battery can be easily replaced when it runs out. The device also has a sleek and easy-to-navigate interface that is accessible to users of any level of experience.
The procedure for setting up Keystone is simple. The setup process for Keystone device is simple. The device first needs to be 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 created and the conditions of service are negotiated to. The 24 words seed phrase is then copied down onto the provided booklet of seed phrases or an undigital medium. The seed phrase is vital to the device’s security, therefore it is crucial that it is kept protected and never used to take in a photo or written on smartphones or computers.
The device is paired with the Keystone app, which is available on the Apple App store or Google Play store. It acts as an interface for approving and sign transactions, but it is important to note that the device doesn’t have an internet connection. This added layer of security ensures that your funds are secure even if your smartphone is compromised.
In conclusion we can say that Keystone is a great choice for storing Bitcoin. Keystone product is safe and reliable hardware wallet that offers an easy-to-use air-gapped option. With support for multiple cryptocurrencies, an open-source firmware, and a user-friendly interface it is a great option for institutions and individuals looking to store the Bitcoin offline. The device’s emphasis on security safety, reliability, and comfort, along with its one-stop store for all things crypto that supports 9 different coins as well as 700 tokens and offering the ability to access an inbuilt DApp store, makes it a top-notch option for anyone who is who is looking to purchase hardware wallets.