The Keystone device, formerly known as Cobo Wallet, is a hardware wallet that is growing in popularity among individuals and institutions who seek secure methods to store their cryptocurrencies. It was founded in the year 2017 by Discus Fish and Changhao Jiang, Keystone offers a range of products that focus on security, reliability, and convenience for its clients.
One of the main features in this Keystone device is its air-gapped capability meaning that it does not need to connect to an online device. This added layer of security ensures that your money is safe from online threats like hacking or fraud. The device is also open-source, which means that the code is publicly accessible for scrutiny and review and further enhancing its security. Additionally, the device supports various cryptocurrencies, including 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 very easy to use, thanks to its large screen that lets you easily browse the entire inventory. The hardware of the device is more durable than its competitors, ensuring that it will last many years. Additionally, the device has an unattachable battery and this means the battery can be quickly removed when it’s full. It also features an elegant and user-friendly interface, which makes it accessible to users of any level of experience.
The process of setting up Keystone is simple. The setup process for Keystone device is straightforward. The device must be turned on, and then a QR code is scanned by the camera through the Keystone website to authenticate the device. After that, a password will be created and the conditions of service are negotiated to. Following this, the 24-word seed phrase is copied onto the seed phrase booklet or on a non-digital material. This seed phrase is crucial to the security of the device, therefore it is crucial that it is kept safe and never taken a picture or typed onto a computer or smartphone.
Finally, the device is connected to the Keystone app, which is available on the Apple App store or Google Play store. This app acts as an interface that allows users to approve and verify transactions, however it is vital to keep in mind that the device itself does not have internet connectivity. This additional layer of security guarantees that the money is safe even in the event that the phone is compromised.
In the end, the Keystone gadget is safe and robust hardware wallet that gives an easy-to-use air-gapped option. With support for a range of cryptocurrency and an open-source firmware and a user-friendly interface, it is a great option for both institutions and individuals who want to keep the Bitcoin offline. The focus of the device is security safety, reliability, and comfort and its single-stop shop for everything crypto with support for 9 different currencies with 700 tokens, as well as giving the ability to access an inbuilt DApp store makes it a top-notch option for anyone who is looking for a hardware wallet.