The Keystone device, previously referred to in the past as Cobo Wallet, is a hardware wallet that is growing in recognition among institutions and individuals who are looking for safe ways to keep their crypto. It was founded on the 17th of January 2017 with the help of Discus Fish and Changhao Jiang, Keystone offers a range of products that concentrate on security, reliability, and convenience for its clients.
One of the most important characteristics of the Keystone device is the air-gapped feature which means it doesn’t need be connected to any internet-connected device. This extra layer of security guarantees that your money is safe from online threats, such as hacking or fraud. 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 various cryptocurrencies, including Bitcoin, Bitcoin Cash, Dash, Ethereum, EOS, Litecoin, Polkadot, Tether and Tron along with several ETH, TRON, and EOS digital tokens.
The Keystone product is simple to use, thanks to its large display screen that allows users to easily view all assets. Its hardware is more durable than some of its competitors, which means that it lasts for a long time. Additionally, the device has a detachable battery pack and this means it can be replaced when it runs out. It also features a sleek and easy-to-navigate interface, which makes it suitable for users of all experience levels.
The setup process for the Keystone device is straightforward. The device first needs to be powered on and then the QR code is scan by the camera via the Keystone website to authenticate the device. Then, a password is created and the terms of service are agreed upon. The 24 words seed phrase is then written down on the seed phrase book or another non-digital media. The seed phrase is vital for the security of the device so it is important that it is kept safe and never taken a picture or typed onto smartphones or computers.
Additionally, the device is also 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, but it is crucial to remember that the device itself is not connected to the internet. This additional layer of security makes sure that your funds are secure even if your smartphone is compromised.
In conclusion it is clear that the Keystone gadget is secure and reliable hardware wallet that offers an easy-to-use air-gapped option. With support for multiple cryptocurrencies as well as an open-source firmware and a user-friendly interface, it’s a fantastic choice for institutions and individuals looking to keep the Bitcoin offline. The device’s emphasis on security safety, reliability, and comfort and its single-stop store for all things crypto that supports 9 different coins 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 in the market for a hardware wallet.