Keystone is a device that Keystone device, previously referred to in the past as Cobo Wallet, is a hardware wallet that is rapidly gaining recognition among institutions and individuals who seek secure ways to store their cryptocurrency. Founded on the 17th of January 2017 with the help of Discus Fish and Changhao Jiang, Keystone offers a range of products that focus on security along with reliability and comfort for its customers.
One of the main characteristics in this Keystone device is the air-gapped feature meaning that it doesn’t need be connected to any online device. This additional layer of security guarantees that the money is protected from online threats such as hacking or fraud. It is also open source this means that the code is made accessible for inspection and review which further enhances its security. Furthermore, the device can support various cryptocurrencies, including Bitcoin, Bitcoin Cash, Dash, Ethereum, EOS, Litecoin, Polkadot, Tether and Tron and several ETH, TRON, and EOS digital tokens.
The Keystone gadget is very easy to use, thanks to its large screen that makes it simple to view all assets. The hardware of the device is more durable than some of its competitors, ensuring that it lasts for many years. Additionally, the device has a battery pack that can be removed, which means that the battery can be quickly removed when it’s full. It also features a sleek and easy-to-navigate interface that is suitable for users of all levels of experience.
The setup process for the Keystone device is easy. The device first needs to be switched on and it scans a QR code using the camera of the device through the Keystone website to authenticate the device. Then, a password is set and the conditions of service are agreed upon. After this, the 24-word seed phrase is copied down onto the provided booklet of seed phrases or a non-digital material. This seed phrase is crucial to the security of the device, therefore it is crucial to ensure it’s safe and never taken a picture or typed onto smartphones or computers.
Finally, the device is paired with the Keystone application available in the Apple App store or Google Play store. The app serves as an interface for approving and sign transactions, but it is vital to keep in mind that the device itself is not connected to the internet. This added layer of security guarantees that the funds are safe even in the event that the phone is compromised.
In the end, Keystone’s Keystone device is a secure and robust hardware wallet that gives an easy-to-use air-gapped option. With support for multiple cryptocurrencies and an open-source firmware and a user-friendly interface it’s a fantastic choice for individuals and institutions looking to store their Bitcoin offline. Its focus on security as well as reliability and ease of use and its single-stop shop for everything crypto that supports 9 different coins as well as 700 tokens and providing the ability to access an inbuilt DApp store, makes it an excellent option for anyone who is looking for an electronic wallet.