The Keystone device, formerly known 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 keep their crypto. It was founded in 2017 in 2017 by Discus Fish and Changhao Jiang, Keystone offers a range of products that concentrate on security, reliability, and convenience for its customers.
One of the most important advantages that is unique to this Keystone device is its air-gapped capability, which means that it doesn’t have to connect to an internet-connected device. This extra layer of security guarantees that the funds are safe from online threats, such as 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. In addition, 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 device is also simple to use, and has a large screen that allows users to easily view all assets. Its hardware is more durable than some of its competitors, which means that it lasts for an extended period of time. In addition, the device comes with a detachable battery pack and this means the battery can be quickly replaced if it is exhausted. The device is also equipped with an attractive and simple-to-use interface, making it usable to any level of experience.
The procedure for setting up Keystone is simple. The setup process for Keystone device is simple. The device must be turned on, and then a QR code is scanned by the camera via the Keystone website to authenticate the device. Then, a password is created and the conditions of service are agreed upon. Following this, 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 to keep it secure and not taken as in a photo or written on smartphone or computer.
Additionally, the device is paired with the Keystone app that is available through the Apple App store or Google Play store. The app serves as an interface that allows users to approve and sign transactions. However, it is important to note that the device doesn’t have an internet connection. This additional layer of security ensures that the money is safe even if the smartphone is compromised.
In the end it is clear that Keystone is a great choice for storing Bitcoin. Keystone device is a safe and reliable hardware wallet that offers an air-gapped solution that is easy to use. With support for multiple cryptocurrencies, an open-source firmware, and a user-friendly interface, it’s an excellent choice for institutions and individuals looking to keep your Bitcoin offline. The device’s emphasis on security safety, reliability, and comfort, along with its one-stop shop for all things crypto, with support for 9 different currencies, 700 tokens, and giving the ability to access an inbuilt DApp store, makes it a top-notch choice for anyone looking for a hardware wallet.