The Keystone device, formerly known as Cobo Wallet, is a hardware wallet that is rapidly gaining recognition among institutions and individuals who seek secure ways to store their cryptocurrencies. Founded in the year 2017 with the help of Discus Fish and Changhao Jiang, Keystone offers a range of products that are focused on security, reliability, and convenience for its clients.
One of the main characteristics of Keystone is that the Keystone device is the air-gapped feature, which means that it does not need be connected to any internet-connected device. This extra layer of security ensures 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 publicly accessible for inspection and review which further enhances its security. Furthermore, the device can support several cryptocurrencies, such as Bitcoin, Bitcoin Cash, Dash, Ethereum, EOS, Litecoin, Polkadot, Tether, and Tron, as well as a number of ETH, TRON, and EOS digital tokens.
Keystone is a great device for business and leisure. Keystone device is also simple to use, thanks to its large display screen , which makes it simple to view all assets. Its hardware is more durable than some of its competitors, which means that it lasts for many years. Furthermore, it has a battery pack that can be removed and this means the battery can be easily replaced when it runs out. The device also has an elegant and user-friendly interface that is suitable for users of all levels of experience.
The process of setting up Keystone is simple. The setup process for Keystone device is straightforward. The device must be powered on and then it scans a QR code with the device’s camera through the Keystone website to authenticate the device. Then, a password is set and the conditions of service are negotiated to. Following this, the 24-word seed phrase is written down on the seed phrase booklet or on an undigital medium. This seed phrase is essential for the security of the device therefore it is essential that it is kept safe and never taken in a photo or written on smartphones or computers.
The device is connected to the Keystone application that is available through the Apple App store or Google Play store. The app serves 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 additional layer of security ensures that the funds are safe even if the smartphone is compromised.
In the end we can say that Keystone is a great choice for storing Bitcoin. Keystone product is secure and reliable hardware wallet that offers an air-gapped solution that is easy to use. It supports a variety of cryptocurrencies and an open-source firmware and an easy-to-use interface, it’s an excellent choice for individuals and institutions looking to store the Bitcoin offline. The focus of the device is security, reliability, and convenience and its single-stop store for all things crypto with support for 9 different currencies with 700 tokens, as well as giving 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.