Keystone is a device that Keystone device, previously known in the past as Cobo Wallet, is a hardware wallet that is rapidly gaining recognition among institutions and individuals seeking secure methods to store their cryptocurrencies. 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 along with reliability and comfort for its customers.
One of the main characteristics of this Keystone device is the air-gapped feature meaning that it doesn’t have be connected to any online device. This additional layer of security guarantees that the money is protected from online threats like hacking or fraud. The device is also open-source which means that the code is publicly accessible for scrutiny and review which further enhances the security of the device. Furthermore, the device can support multiple cryptocurrencies, including Bitcoin, Bitcoin Cash, Dash, Ethereum, EOS, Litecoin, Polkadot, Tether, and Tron along with several ETH, TRON, and EOS digital tokens.
Keystone is a great device for business and leisure. Keystone device is also easy to use, thanks to its large display screen , which makes it simple to view all assets. The hardware of the device is more durable than its rivals, meaning that it will last many years. Furthermore, it has an unattachable battery this means that the battery can be quickly replaced if it is exhausted. The device is also equipped with an attractive and simple-to-use interface, which makes it accessible to users of all levels of experience.
The process of setting up the Keystone device is straightforward. The device must be turned on, and then a QR code is scanned using the camera of the device on the Keystone website to authenticate the device. After that, a password will be set and the terms of service are agreed upon. After this, the 24-word seed phrase is copied down onto the provided seed phrase book or another non-digital media. This seed phrase is essential to the security of the device, so it is important to keep it secure and not taken as in a photo or written on a computer or smartphone.
Finally, 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 to approve and sign transactions. However, it is crucial to remember that the device is not connected to the internet. This extra layer of security guarantees that your funds are secure even if your smartphone is compromised.
In the end it is clear that the Keystone device is a safe and solid hardware wallet that provides an easy-to-use , air-gapped feature. It supports a variety of cryptocurrencies, an open-source firmware, and a user-friendly interface, it is a great option for individuals and institutions looking to keep the 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 as well as 700 tokens and giving the ability to access an inbuilt DApp store, makes it an outstanding option for anyone who is looking for an electronic wallet.