The Keystone device, previously referred to in the past as Cobo Wallet, is a hardware wallet that is growing in recognition among institutions and individuals who seek safe ways to store their cryptocurrency. Founded in the year 2017 by Discus Fish and Changhao Jiang, Keystone offers a range of products that concentrate on security as well as reliability and ease of use for its customers.
One of the most important features in Keystone is that the Keystone device is its air-gapped capability, which means that it doesn’t need to connect to an internet-connected device. This added layer of security ensures that the funds are safe from online threats, such as hacking or the phishing attack. The device is also open-source which means that the code is made accessible for scrutiny and review and further enhancing the security of the device. Furthermore, the device can support various cryptocurrencies, including Bitcoin, Bitcoin Cash, Dash, Ethereum, EOS, Litecoin, Polkadot, Tether, and Tron and various ETH, TRON, and EOS digital tokens.
The Keystone product is very easy to use, thanks to its large display screen that allows users to easily view the entire inventory. Its hardware is more durable than some of its competitors, ensuring that it will last for a long time. In addition, the device comes with a detachable battery pack and this means the battery can be easily replaced when it runs out. The device also has an attractive and simple-to-use interface, which makes it usable to all experience levels.
The procedure for setting up Keystone is simple. The setup process for Keystone device is straightforward. The device first needs to be switched on and it scans a QR code by the camera on the Keystone website to authenticate the device. Then, a password is set and the terms of service are negotiated to. Following this, the 24 words seed phrase is then written down on the seed phrase booklet or on a non-digital material. This seed phrase is essential to the device’s security, therefore it is crucial that it is kept safe and never taken a picture or typed onto a computer or smartphone.
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 verify transactions, however it is crucial to remember that the device itself does not have internet connectivity. This extra layer of security guarantees that the money is safe even in the event that the phone is compromised.
In conclusion, Keystone is a great choice for storing Bitcoin. Keystone product is safe and robust hardware wallet that gives an air-gapped solution that is easy to use. With support for a range of cryptocurrency, an open-source firmware, and a user-friendly interface, it’s an excellent choice for both institutions and individuals who want to store their Bitcoin offline. The device’s emphasis on security safety, reliability, and comfort and its single-stop shop for everything crypto by supporting 9 different coins as well as 700 tokens and giving the ability to access an inbuilt DApp store makes it an outstanding option for anyone who is who is looking to purchase hardware wallets.