The Keystone device, previously known 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 cryptocurrency. Founded in the year 2017 with the help of Discus Fish and Changhao Jiang, Keystone offers a range of products that are focused on security along with reliability and comfort for its customers.
One of the main characteristics in Keystone is that the Keystone device is its air-gapped capability meaning that it does not need to connect to an online device. This extra layer of security makes sure that your money is safe from online threats, such as hacking or phishing. The device is also open-source which means that the code is made accessible for scrutiny and review which further enhances 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 a number of ETH, TRON, and EOS digital tokens.
The Keystone device is also simple to use, thanks to its large display screen , which allows users to easily view the entire inventory. Its hardware is more durable than some of its rivals, meaning that it lasts for an extended period of time. Furthermore, it has an unattachable battery and this means the battery can be quickly removed when it’s full. The device also has a sleek and easy-to-navigate interface that is accessible to users of all levels of experience.
The procedure for setting up Keystone is simple. The setup process for Keystone device is simple. The device must be powered on and then a QR code is scanned by the camera on the Keystone website to authenticate the device. After that, a password will be created and the terms of service are negotiated to. The 24 words seed phrase is then copied down onto the provided seed phrase booklet or on an undigital medium. The seed phrase is vital to the security of the device, so it is important to ensure it’s protected and never used to take by taking a picture or copied onto smartphone or computer.
Additionally, the device is connected to the Keystone application available in the Apple App store or Google Play store. It acts as an interface for approving and sign transactions, but it is vital to keep in mind that the device doesn’t have an internet connection. This extra layer of security guarantees that your funds are secure even in the event that the phone is compromised.
In the end we can say that Keystone is a great choice for storing Bitcoin. Keystone product is secure and reliable hardware wallet that offers an air-gapped solution that is easy to use. With support for multiple cryptocurrencies as well as an open-source firmware and a user-friendly interface it’s a fantastic choice for institutions and individuals looking to keep your Bitcoin offline. Its focus on security, reliability, and convenience and its single-stop store for all things crypto with support for 9 different currencies, 700 tokens, and giving the ability to access an inbuilt DApp store makes it an outstanding choice for anyone looking for a hardware wallet.