Keystone is a device that Keystone device, previously known as Cobo Wallet, is a hardware wallet that is growing in recognition among institutions and individuals who are looking for secure ways to store their cryptocurrencies. Founded in 2017 with the help of 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 customers.
One of the major characteristics in the Keystone device is its air-gapped option which means it doesn’t have for an online device. This additional layer of security ensures that the funds are safe from online threats, such as hacking or the phishing attack. The device is also open-source this means that the source code is available for review and scrutiny and further enhancing its security. Additionally, the device supports multiple cryptocurrencies, including Bitcoin, Bitcoin Cash, Dash, Ethereum, EOS, Litecoin, Polkadot, Tether and Tron and several ETH, TRON, and EOS digital tokens.
The Keystone device is also simple to use, with a large display screen , which allows users to easily view all assets. The device’s hardware is also more durable than some of its competitors, which means that it will last for a long time. Additionally, the device has a battery pack that can be removed, which means that the battery can be quickly replaced when it runs out. The device also has an attractive and simple-to-use interface, which makes it suitable for users of any level of experience.
The process of setting up Keystone is simple. The setup process for Keystone device is simple. The device must be switched on and the QR code is scan by the camera through the Keystone website to authenticate the device. Then, a password is established and the conditions of service are agreed upon. The 24-word seed phrase is written down on the seed phrase booklet or on another non-digital media. The seed phrase is vital to the security of the device, therefore it is essential that it is kept protected and never used to take a picture or typed onto smartphone or computer.
Additionally, the device is paired with the Keystone app, which is available on the Apple App store or Google Play store. The app serves as an interface for approving and sign transactions. However, it is important to note that the device is not connected to the internet. This additional layer of security guarantees that the money is safe even if your smartphone is compromised.
In conclusion, the Keystone device is a secure and reliable hardware wallet that offers an air-gapped solution that is easy to use. With support for multiple cryptocurrencies and an open-source firmware and a user-friendly interface it’s an excellent choice for both institutions and individuals who want to keep the Bitcoin offline. Its focus on security as well as reliability and ease of use and its single-stop store for all things crypto with support for 9 different currencies, 700 tokens, and offering the ability to access an inbuilt DApp store, makes it an outstanding option for anyone who is looking for hardware wallets.