The Keystone device, previously referred to as Cobo Wallet, is a hardware wallet that is gaining popularity with institutions and individuals who are looking for safe ways to keep their crypto. It was founded on the 17th of January 2017 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 major characteristics that is unique to this Keystone device is its air-gapped option which means it doesn’t need for an online 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 which means that the source code is accessible for inspection and review which further enhances its security. In addition, the device supports multiple cryptocurrencies, including Bitcoin, Bitcoin Cash, Dash, Ethereum, EOS, Litecoin, Polkadot, Tether and Tron along with various ETH, TRON, and EOS digital tokens.
The Keystone product is very easy to use, and has a large display screen that makes it simple to view the entire inventory. Its hardware is more durable than its competitors, ensuring that it lasts for an extended period of time. In addition, the device comes with a battery pack that can be removed and this means the battery can be easily replaced if it is exhausted. The device is also equipped with an attractive and simple-to-use interface, which makes it suitable for users of all experience levels.
The process of setting up the Keystone device is simple. The device first needs to be turned 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 created and the terms of service are agreed upon. Following this, the 24-word seed phrase is written down on the booklet of seed phrases or another non-digital media. This seed phrase is crucial to the security of the device, so it is important to ensure it’s protected and never used to take in a photo or written on a computer or smartphone.
Finally, the device is connected to the Keystone app, which is available on the Apple App store or Google Play store. It acts as an interface to approve and sign transactions, but it is important to note that the device is not connected to the internet. This added layer of security makes sure that the money is safe even in the event that the phone is compromised.
In the end it is clear that Keystone’s Keystone product is secure and reliable hardware wallet that offers an air-gapped solution that is easy to use. With support for a range of cryptocurrency, an open-source firmware, and a user-friendly interface, it’s an excellent choice for institutions and individuals looking to keep their Bitcoin offline. Its focus on security as well as reliability and ease of use and its single-stop shop for all things crypto, that supports 9 different coins with 700 tokens, as well as providing the ability to access an inbuilt DApp store makes it an outstanding choice for anyone who is looking to purchase hardware wallets.