The Keystone device, previously referred to in the past as Cobo Wallet, is a hardware wallet that is growing in recognition among institutions and individuals who are looking for secure methods to store their cryptocurrency. The company was established in 2017 by Discus Fish and Changhao Jiang, Keystone offers a range of products that focus on security, reliability, and convenience for its customers.
One of the main characteristics of the Keystone device is its air-gapped capability meaning that it doesn’t need to connect to an online device. This added layer of security guarantees that the funds are safe from online threats like hacking or phishing. The device is also open-source, which means that the code is publicly accessible for inspection and review which further enhances its security. In addition, 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.
The Keystone product is very easy to use, and has a large display screen , which allows users to easily view every asset. The device’s hardware is also more durable than its competitors, which means that it will last many years. Furthermore, it has a detachable battery pack, which means that the battery can be easily replaced when it runs out. The device also has an attractive and simple-to-use interface, which makes it usable to all experience levels.
The process of setting up keystone Keystone device is straightforward. First, the device is powered on and then it scans a QR code with the device’s camera through the Keystone website to authenticate the device. After that, a password will be set and the conditions of service are agreed to. Following this, the 24 words seed phrase is then copied down onto the provided booklet of seed phrases or another non-digital media. The seed phrase is vital to the security of the device, therefore it is essential to keep it secure and not taken as by taking a picture or copied onto smartphone or computer.
Additionally, the device is also connected to the Keystone application 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 vital to keep in mind that the device itself doesn’t have an internet connection. This extra layer of security makes sure that your funds are secure even in the event that the phone is compromised.
In conclusion, the Keystone device is a secure and solid hardware wallet that provides an air-gapped solution that is easy to use. It supports a variety of cryptocurrencies as well as an open-source firmware and a user-friendly interface it’s an excellent choice for both institutions and individuals who want to keep their Bitcoin offline. The device’s emphasis on security safety, reliability, and comfort as well as its one-stop shop for all things crypto, that supports 9 different coins as well as 700 tokens and offering the ability to access an inbuilt DApp store, makes it an excellent option for anyone who is who is looking to purchase a hardware wallet.