The Keystone device, previously referred to as Cobo Wallet, is a hardware wallet that is growing in popularity with institutions and individuals who are looking for secure methods to store their cryptocurrencies. Founded in 2017 with the help of Discus Fish and Changhao Jiang, Keystone offers a range of products that are focused on security as well as reliability and ease of use for its customers.
One of the main advantages of this Keystone device is its air-gapped option which means it does not need be connected to any online device. This extra layer of security guarantees that the funds are safe from online threats, such as hacking or phishing. It is also open source, which means that the code is made available for review and scrutiny which further enhances the security of the device. Furthermore, the device can support various 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 product is very easy to use, with a large display screen that lets you easily browse the entire inventory. 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 an unattachable battery this means that it can be replaced when it runs out. The device is also equipped with a sleek and easy-to-navigate interface, making it accessible to users of any level of experience.
The process of setting up the Keystone device is easy. The device first needs to be turned on, and then the QR code is scan with the device’s camera through the Keystone website to authenticate the device. Next, a password is created and the terms of service are agreed to. Following this, the 24 words seed phrase is then written down on the seed phrase booklet or on another non-digital media. This seed phrase is essential to the security of the device, therefore it is crucial to keep it protected and never used to take a picture or typed onto smartphones or computers.
The device is paired with the Keystone application, which is available on the Apple App store or Google Play store. The app serves as an interface to approve and sign transactions. However, it is crucial to remember that the device is not connected to the internet. This additional layer of security makes sure that the funds are safe even if the smartphone is compromised.
In the end it is clear that the Keystone device is a secure and reliable hardware wallet that offers an easy-to-use , air-gapped feature. With support for multiple cryptocurrencies and an open-source firmware and an easy-to-use interface, it’s a fantastic choice for individuals and institutions looking to store your Bitcoin offline. Its focus on security, reliability, and convenience as well as its one-stop shop for all things crypto, by supporting 9 different coins, 700 tokens, and offering the ability to access an inbuilt DApp store, makes it an excellent option for anyone who is who is looking to purchase a hardware wallet.