The Keystone device, previously referred to in the past as Cobo Wallet, is a hardware wallet that is rapidly gaining popularity with institutions and individuals who seek secure methods to store their cryptocurrency. It was founded in the year 2017 by Discus Fish and Changhao Jiang, Keystone offers a range of products that concentrate on security, reliability, and convenience for its customers.
One of the major advantages that is unique to this Keystone device is its air-gapped capability meaning that it doesn’t have to connect to an internet-connected device. This added layer of security guarantees that your money is safe from online threats, such as hacking or phishing. The device is also open-source, which means that the code is publicly available for review and scrutiny which further enhances the security of the device. Furthermore, the device can support multiple cryptocurrencies, including Bitcoin, Bitcoin Cash, Dash, Ethereum, EOS, Litecoin, Polkadot, Tether, and Tron, as well as various ETH, TRON, and EOS digital tokens.
The Keystone device is also very easy to use, thanks to its large display screen , which makes it simple to view all assets. The hardware of the device is more durable than some of its competitors, which means that it will last a long time. Furthermore, it has a detachable battery pack this means that the battery can be quickly replaced when it runs out. The device is also equipped with an elegant and user-friendly interface that is suitable for users of all experience levels.
The process of setting up keystone Keystone device is simple. The device first needs to be powered on and then a QR code is scanned with the device’s camera via the Keystone website to authenticate the device. After that, a password will be established and the terms of service are negotiated to. After this, the 24 words seed phrase is then copied onto the seed phrase booklet or on another non-digital media. This seed phrase is essential for the security of the device so it is important to keep it protected and never used to take a picture or typed onto a computer or smartphone.
Finally, the device is connected to the Keystone app that is available through the Apple App store or Google Play store. This app acts as an interface for approving and sign transactions. However, it is important to note that the device doesn’t have an internet connection. This extra layer of security makes sure that your funds are secure even if your smartphone is compromised.
In the end we can say that Keystone’s Keystone product is safe and robust hardware wallet that gives an easy-to-use , air-gapped feature. With support for multiple cryptocurrencies and an open-source firmware and a user-friendly interface it’s a fantastic choice for individuals and institutions looking to keep the Bitcoin offline. The focus of the device is security as well as reliability and ease of use, along with its one-stop store for all things crypto that supports 9 different coins, 700 tokens, and providing the ability to access an inbuilt DApp store makes it an outstanding choice for anyone looking for hardware wallets.