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 ways to store their cryptocurrencies. It was founded on the 17th of January 2017 in 2017 by Discus Fish and Changhao Jiang, Keystone offers a range of products that focus on security along with reliability and comfort for its clients.
One of the main features in this Keystone device is its air-gapped capability which means it doesn’t need to connect to an internet-connected device. This additional layer of security guarantees that your money is safe from online threats, such as hacking or phishing. It is also open source this means that the code is publicly available for review and scrutiny, further increasing its security. Additionally, the device supports multiple cryptocurrencies, including Bitcoin, Bitcoin Cash, Dash, Ethereum, EOS, Litecoin, Polkadot, Tether and Tron along with a number of ETH, TRON, and EOS digital tokens.
The Keystone gadget is easy to use, with a large display screen that lets you easily browse all assets. The device’s hardware is also more durable than some of its competitors, ensuring that it lasts for a long time. Furthermore, it has a battery pack that can be removed, which means that the battery can be quickly replaced if it is exhausted. The device also has an elegant and user-friendly interface, making it usable to all levels of experience.
The procedure for setting up Keystone is simple. The setup process for Keystone device is straightforward. First, the device is switched on and a QR code is scanned by the camera via the Keystone website to authenticate the device. After that, a password will be established and the conditions of service are negotiated to. After this, the 24 words seed phrase is then copied onto the seed phrase booklet or on another non-digital media. The seed phrase is vital to the device’s security, therefore it is essential to ensure it’s protected and never used to take by taking a picture or copied onto smartphone or computer.
Additionally, the device is also connected to 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, but it is important to note that the device itself is not connected to the internet. This extra layer of security guarantees that the funds are safe even in the event that the phone is compromised.
In the end, Keystone’s Keystone device is a secure and robust hardware wallet that gives an easy-to-use air-gapped option. With support for multiple cryptocurrencies and an open-source firmware and a user-friendly interface it is a great option for both institutions and individuals who want to store their Bitcoin offline. Its focus on security safety, reliability, and comfort, along with its one-stop shop for everything crypto with support for 9 different currencies, 700 tokens, and offering the ability to access an inbuilt DApp store, makes it a top-notch choice for anyone who is looking to purchase a hardware wallet.