The Keystone device, formerly known in the past as Cobo Wallet, is a hardware wallet that is rapidly gaining popularity with institutions and individuals who are looking for secure methods to keep their crypto. 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 features in the Keystone device is its air-gapped capability which means it doesn’t have be connected to any online device. This extra layer of security guarantees that your money is safe from online threats, such as hacking or fraud. The device is also open-source which means that the code is publicly accessible for inspection and review, further increasing the security of the device. Furthermore, the device can support several cryptocurrencies, such as Bitcoin, Bitcoin Cash, Dash, Ethereum, EOS, Litecoin, Polkadot, Tether and Tron and a number of ETH, TRON, and EOS digital tokens.
Keystone is a great device for business and leisure. Keystone device is also simple to use, and has a large screen that lets you easily browse all assets. The device’s hardware is also more durable than its rivals, meaning that it will last an extended period of time. In addition, the device comes with a detachable battery pack and this means the battery can be easily removed when it’s full. The device is also equipped with an elegant and user-friendly interface that is usable to any level of experience.
The setup process for the Keystone device is easy. First, the device is powered on and then a QR code is scanned with the device’s camera through the Keystone website to authenticate the device. Next, a password is set and the terms of service are negotiated to. Following this, the 24 words seed phrase is then copied down onto the provided booklet of seed phrases or an undigital medium. This seed phrase is crucial for the security of the device therefore it is crucial that it is kept secure and not taken as in a photo or written on smartphone or computer.
The device is paired with the Keystone app 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 important to note that the device does not have internet connectivity. This additional layer of security ensures that the funds are safe even in the event that the phone is compromised.
In the end we can say that the Keystone device is a safe and robust hardware wallet that gives 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 is a great option for individuals and institutions looking to store their Bitcoin offline. The device’s emphasis on security as well as reliability and ease of use, along with its one-stop shop for all things crypto, with support for 9 different currencies as well as 700 tokens and offering access to an integrated DApp store, makes it a top-notch choice for anyone looking for hardware wallets.