The Keystone device, formerly known as Cobo Wallet, is a hardware wallet that is gaining recognition among institutions and individuals seeking secure methods to store their cryptocurrencies. The company was established in 2017 with the help of Discus Fish and Changhao Jiang, Keystone offers a range of products that concentrate on security, reliability, and convenience for its customers.
One of the major features of this Keystone device is its air-gapped capability which means it doesn’t need to connect to an online device. This added layer of security makes sure that the money is protected from online threats, such as hacking or the phishing attack. It is also open source, which means that the source code is accessible for scrutiny and review, further increasing its security. Furthermore, the device can support 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 product is simple to use, with a large display screen that allows users to easily view all assets. The device’s hardware is also more durable than its competitors, which means that it lasts for a long time. Additionally, the device has an unattachable battery this means that the battery can be easily replaced if it is exhausted. It also features a sleek and easy-to-navigate interface, making it usable to all levels of experience.
The process of setting up the Keystone device is easy. The device must be powered on and then a QR code is scanned by the camera via the Keystone website to authenticate the device. Then, a password is set and the conditions of service are agreed to. Following this, the 24 words seed phrase is then written down on the seed phrase book or another non-digital media. This seed phrase is crucial to the security of the device, therefore it is essential to keep it secure and not taken as by taking a picture or copied onto smartphones or computers.
Additionally, the device is also connected to 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 important to note that the device itself does not have internet connectivity. This extra layer of security guarantees that the money is safe even if your smartphone is compromised.
In the end it is clear that Keystone is a great choice for storing Bitcoin. Keystone device is a secure and solid hardware wallet that provides an easy-to-use air-gapped option. With support for a range of cryptocurrency as well as an open-source firmware and a user-friendly interface it’s a fantastic choice for both institutions and individuals who want to store the Bitcoin offline. The focus of the device is security as well as reliability and ease of use and its single-stop shop for all things crypto, by supporting 9 different coins as well as 700 tokens and giving accessibility to the integrated DApp store, makes it a top-notch choice for anyone looking for hardware wallets.