The Keystone device, previously referred to as Cobo Wallet, is a hardware wallet that is gaining popularity with institutions and individuals seeking safe ways to keep their crypto. The company was established in the year 2017 in 2017 by Discus Fish and Changhao Jiang, Keystone offers a range of products that concentrate on security along with reliability and comfort for its clients.
One of the most important characteristics in the Keystone device is the air-gapped feature, which means that it does not need be connected to any internet-connected device. This extra layer of security guarantees that your money is safe from online threats, such as hacking or the phishing attack. The device is also open-source this means that the source code is accessible for scrutiny and review which further enhances its security. Additionally, the device supports multiple cryptocurrencies, including Bitcoin, Bitcoin Cash, Dash, Ethereum, EOS, Litecoin, Polkadot, Tether and Tron and a number of ETH, TRON, and EOS digital tokens.
The Keystone product is easy to use, thanks to its large display screen that allows users to easily view every asset. The device’s hardware is also more durable than its competitors, ensuring that it lasts for a long time. Furthermore, it has a battery pack that can be removed and this means the battery can be quickly removed when it’s full. The device also has an attractive and simple-to-use interface that is usable to all experience levels.
The process of setting up the Keystone device is easy. The device first needs to be turned on, and then it scans a QR code using the camera of the device through the Keystone website to authenticate the device. Then, a password is established and the conditions of service are agreed upon. Following this, the 24-word seed phrase is copied down onto the provided seed phrase booklet or on another non-digital media. This seed phrase is essential to the security of the device, therefore it is crucial that it is kept safe and never taken in a photo or written on a computer or smartphone.
The device is paired with the Keystone application, which is available on the Apple App store or Google Play store. It acts as an interface that allows users to approve and verify transactions, however it is important to note that the device is not connected to the internet. This additional layer of security ensures that the funds are safe even if the smartphone is compromised.
In conclusion, Keystone is a great choice for storing Bitcoin. Keystone device is a secure and reliable hardware wallet that offers an easy-to-use , air-gapped feature. With support for multiple cryptocurrencies, an open-source firmware, and a user-friendly interface it is a great option for individuals and institutions looking to keep their Bitcoin offline. The focus of the device is security safety, reliability, and comfort and its single-stop shop for everything crypto that supports 9 different coins with 700 tokens, as well as giving the ability to access an inbuilt DApp store makes it a top-notch choice for anyone in the market for hardware wallets.