Keystone is a device that Keystone device, previously referred to by the name of Cobo Wallet, is a hardware wallet that is growing in popularity with institutions and individuals who are looking for safe ways to store their cryptocurrency. It was founded on the 17th of January 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 major advantages of this Keystone device is the air-gapped feature which means it doesn’t have to connect to an online device. This extra layer of security guarantees that your money is safe from online threats such as hacking or fraud. It is also open source, which means that the code is publicly available for review and scrutiny, further increasing the security of the device. Furthermore, the device can support various cryptocurrencies, including Bitcoin, Bitcoin Cash, Dash, Ethereum, EOS, Litecoin, Polkadot, Tether, and Tron, as well as a number of ETH, TRON, and EOS digital tokens.
The Keystone product is simple to use, and has a large screen that lets you easily browse all assets. The hardware of the device is more durable than some of its competitors, which means that it will last many years. Furthermore, it has a detachable battery pack and this means it can be replaced when it runs out. The device also has a sleek and easy-to-navigate interface, making it suitable for users of any level of experience.
The procedure for setting up keystone Keystone device is simple. First, the device is powered on and then the QR code is scan with the device’s camera through the Keystone website to authenticate the device. Then, a password is set and the conditions of service are negotiated to. The 24 words seed phrase is then copied onto the seed phrase book or a non-digital material. This seed phrase is essential to the device’s security, therefore it is crucial that it is kept safe and never taken a picture or typed onto smartphones or computers.
Finally, the device is also connected to the Keystone app available in the Apple App store or Google Play store. The app serves as an interface that allows users to approve and sign transactions, but it is crucial to remember that the device itself doesn’t have an internet connection. This additional layer of security guarantees that the money is safe even if your smartphone is compromised.
In the end, Keystone’s Keystone product is 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’s an excellent choice for institutions and individuals looking to store their Bitcoin offline. The device’s emphasis on security as well as reliability and ease of use and its single-stop shop for all things crypto, with support for 9 different currencies as well as 700 tokens and providing accessibility to the integrated DApp store makes it an excellent option for anyone who is looking for a hardware wallet.