The Keystone device, previously known by the name of Cobo Wallet, is a hardware wallet that is rapidly gaining recognition among institutions and individuals who seek secure methods to store their cryptocurrencies. It was founded on the 17th of January 2017 by Discus Fish and Changhao Jiang, Keystone offers a range of products that are focused on security, reliability, and convenience for its customers.
One of the main characteristics that is unique to this Keystone device is the air-gapped feature which means it doesn’t need be connected to any internet-connected device. This added layer of security ensures that the money is protected from online threats such as hacking or the phishing attack. The device is also open-source, which means that the source code is available for review and scrutiny, 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, as well as various ETH, TRON, and EOS digital tokens.
The Keystone device is also easy to use, and has a large screen that allows users to easily view every asset. The device’s hardware is also more durable than some of its competitors, which means that it lasts for a long time. Additionally, the device has an unattachable battery and this means it can be removed when it’s full. The device also has an attractive and simple-to-use interface that is suitable for users of all experience levels.
The setup process for keystone Keystone device is straightforward. The device must be powered on and then the QR code is scan by the camera via the Keystone website to authenticate the device. After that, a password will be set and the terms of service are agreed to. The 24 words seed phrase is then copied down onto the provided booklet of seed phrases or an undigital medium. The seed phrase is vital for the security of the device so it is important to ensure it’s secure and not taken as in a photo or written on smartphones or computers.
Additionally, the device is paired with the Keystone app that is available through the Apple App store or Google Play store. It acts as an interface that allows users to approve and sign transactions, but it is crucial to remember that the device itself does not have internet connectivity. This additional layer of security makes sure that your funds are secure even if your smartphone is compromised.
In conclusion we can say that Keystone’s Keystone gadget is secure and robust hardware wallet that gives an easy-to-use , air-gapped feature. With support for a range of cryptocurrency as well as an open-source firmware and a user-friendly interface it’s an excellent choice for both institutions and individuals who want to keep your Bitcoin offline. Its focus on security safety, reliability, and comfort as well as its one-stop store for all things crypto with support for 9 different currencies with 700 tokens, as well as providing the ability to access an inbuilt DApp store, makes it an excellent choice for anyone in the market for an electronic wallet.