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 keep their crypto. It was founded on the 17th of January 2017 by Discus Fish and Changhao Jiang, Keystone offers a range of products that are focused on security as well as reliability and ease of use for its clients.
One of the main features of Keystone is that the Keystone device is the air-gapped feature which means it doesn’t have to connect to an internet-connected device. This extra layer of security makes sure that the money is protected from online threats such as hacking or the phishing attack. It is also open source this means that the source code is accessible for inspection and review and further enhancing its security. Furthermore, the device can support various 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 gadget is very easy to use, thanks to its large display screen that makes it simple to view the entire inventory. The device’s hardware is also more durable than some of its competitors, which means that it will last an extended period of time. In addition, the device comes with a detachable battery pack, which means that the battery can be quickly removed when it’s full. The device is also equipped with a sleek and easy-to-navigate interface that is usable to all levels of experience.
The procedure for setting up keystone Keystone device is simple. The device first needs to be powered on and then the QR code is scan by the camera on the Keystone website to authenticate the device. Then, a password is established and the conditions of service are agreed to. The 24-word seed phrase is copied down onto the provided seed phrase booklet or on another non-digital media. This seed phrase is essential to the device’s security, therefore it is essential that it is kept secure and not taken as a picture or typed onto smartphones or computers.
The device is connected to the Keystone app available in the Apple App store or Google Play store. The app serves as an interface that allows users to approve and verify transactions, however it is important to note that the device itself is not connected to the internet. This extra layer of security ensures that the funds are safe even in the event that the phone is compromised.
In conclusion, Keystone’s Keystone device is a safe and reliable hardware wallet that offers an air-gapped solution that is easy to use. With support for multiple cryptocurrencies, an open-source firmware, and an easy-to-use interface, it’s a fantastic choice for both institutions and individuals who want to keep their Bitcoin offline. The focus of the device is security as well as reliability and ease of use as well as its one-stop shop for everything crypto by supporting 9 different coins, 700 tokens, and providing the ability to access an inbuilt DApp store makes it an excellent choice for anyone looking for an electronic wallet.