The Keystone device, previously known in the past as Cobo Wallet, is a hardware wallet that is growing in popularity with institutions and individuals who seek safe ways to store their cryptocurrencies. It was founded in 2017 by 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 advantages of the Keystone device is its air-gapped option meaning that it doesn’t have be connected to any internet-connected device. This added layer of security guarantees that the money is protected from online threats such as hacking or phishing. It is also open source this means that the code is publicly accessible for inspection and review and further enhancing its security. In addition, the device supports multiple cryptocurrencies, including Bitcoin, Bitcoin Cash, Dash, Ethereum, EOS, Litecoin, Polkadot, Tether and Tron along with a number of ETH, TRON, and EOS digital tokens.
The Keystone product is easy to use, and has a large display screen that makes it simple to view the entire inventory. The device’s hardware is also more durable than its competitors, ensuring that it will last many years. In addition, the device comes with a detachable battery pack and this means 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 accessible to users of all levels of experience.
The process of setting up the Keystone device is simple. The device must be powered on and then a QR code is scanned by the camera via the Keystone website to authenticate the device. Then, a password is set and the terms of service are agreed to. Following this, the 24-word seed phrase is copied onto the seed phrase book or another non-digital media. This seed phrase is crucial to the security of the device, therefore it is crucial to ensure it’s safe and never taken in a photo or written on smartphone or computer.
Finally, the device is connected to the Keystone application that is available through the Apple App store or Google Play store. It acts as an interface for approving and sign transactions, but it is vital to keep in mind that the device itself is not connected to the internet. This added layer of security guarantees that your funds are secure even if your smartphone is compromised.
In the end, Keystone is a great choice for storing Bitcoin. Keystone product is secure and solid hardware wallet that provides 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 their Bitcoin offline. The device’s emphasis 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 giving the ability to access an inbuilt DApp store, makes it an outstanding choice for anyone in the market for hardware wallets.