The Keystone device, previously referred to in the past as Cobo Wallet, is a hardware wallet that is rapidly gaining recognition among institutions and individuals seeking secure methods to keep their crypto. It was 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 customers.
One of the most important characteristics that is unique to the Keystone device is its air-gapped capability which means it doesn’t need to connect to an internet-connected device. This extra layer of security guarantees that the funds are safe from online threats like hacking or the phishing attack. It is also open source which means that the code is made accessible for inspection and review, further increasing its security. Furthermore, the device can support 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 simple to use, and has a large screen that allows users to easily view the entire inventory. Its hardware is more durable than some of its competitors, which means that it will last for many years. Furthermore, it has an unattachable battery and this means the battery can be easily removed when it’s full. The device also has an attractive and simple-to-use interface, making it suitable for users of any level of experience.
The process of setting up Keystone is simple. The setup process for Keystone device is straightforward. First, the device is powered on and then a QR code is scanned by the camera via the Keystone website to authenticate the device. Next, a password is set and the terms of service are agreed to. The 24 words seed phrase is then copied down onto the provided booklet of seed phrases or a non-digital material. The seed phrase is vital to the device’s security, therefore it is essential to keep it secure and not taken as in a photo or written on a computer or smartphone.
The device is connected to the Keystone app available in the Apple App store or Google Play store. The app serves as an interface for approving and sign transactions. However, it is important to note that the device itself is not connected to the internet. This added layer of security guarantees that your funds are secure even if the smartphone is compromised.
In conclusion we can say that Keystone’s Keystone product is safe and robust hardware wallet that gives an easy-to-use air-gapped option. With support for a range of cryptocurrency and an open-source firmware and a user-friendly interface it is a great option for individuals and institutions looking to keep the Bitcoin offline. The focus of the device is security, reliability, and convenience, along with its one-stop shop for all things crypto, that supports 9 different coins with 700 tokens, as well as giving access to an integrated DApp store, makes it a top-notch choice for anyone looking for a hardware wallet.