The Keystone device, previously known in the past as Cobo Wallet, is a hardware wallet that is rapidly gaining recognition among institutions and individuals who are looking for secure ways to store their cryptocurrencies. It was founded on the 17th of January 2017 with the help of Discus Fish and Changhao Jiang, Keystone offers a range of products that focus on security, reliability, and convenience for its clients.
One of the main advantages of the Keystone device is its air-gapped option which means it does not need to connect to an internet-connected device. This extra layer of security ensures that your money is safe from online threats, such as hacking or fraud. The device is also open-source this means that the code is publicly accessible for scrutiny and review which further enhances its security. Additionally, the device supports various cryptocurrencies, including Bitcoin, Bitcoin Cash, Dash, Ethereum, EOS, Litecoin, Polkadot, Tether and Tron, as well as several ETH, TRON, and EOS digital tokens.
Keystone is a great device for business and leisure. Keystone device is also simple to use, with a large display screen , which allows users to easily view the entire inventory. The device’s hardware is also 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 it can be replaced if it is exhausted. The device is also equipped with an elegant and user-friendly interface that is usable to all levels of experience.
The process of setting up Keystone is simple. The setup process for Keystone device is straightforward. The device first needs to be powered on and then the QR code is scan using the camera of the device via the Keystone website to authenticate the device. Next, a password is established and the conditions of service are agreed to. After this, the 24 words seed phrase is then written down on the seed phrase book or another non-digital media. The seed phrase is vital for the security of the device so it is important to ensure it’s safe and never taken by taking a picture or copied onto smartphones or computers.
The device is connected to the Keystone application, which is available on the Apple App store or Google Play store. It acts as an interface to approve and sign transactions. However, it is crucial to remember that the device itself doesn’t have an internet connection. This additional layer of security ensures that the funds are safe even in the event that the phone is compromised.
In conclusion, Keystone is a great choice for storing Bitcoin. Keystone product is safe and robust hardware wallet that gives an easy-to-use air-gapped option. With support for multiple cryptocurrencies, an open-source firmware, and a user-friendly interface, it’s a fantastic choice for institutions and individuals looking to store the Bitcoin offline. The device’s emphasis on security safety, reliability, and comfort, along with its one-stop shop for all things crypto, with support for 9 different currencies as well as 700 tokens and providing access to an integrated DApp store makes it a top-notch choice for anyone who is looking to purchase an electronic wallet.