The Keystone device, previously known in the past as Cobo Wallet, is a hardware wallet that is rapidly gaining popularity among individuals and institutions seeking 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 concentrate on security, reliability, and convenience for its customers.
One of the most important advantages that is unique to this Keystone device is its air-gapped option, which means that it doesn’t have to connect to an online device. This extra layer of security guarantees that the funds are safe from online threats, such as hacking or phishing. It is also open source this means that the source code is available for review and scrutiny and further enhancing the security of the device. In addition, the device supports multiple cryptocurrencies, including 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 gadget is very easy to use, with a large display screen that lets you easily browse every asset. The hardware of the device is more durable than its competitors, which means that it lasts for an extended period of time. Additionally, the device has a detachable battery pack this means that the battery can be easily replaced when it runs out. It also features an elegant and user-friendly interface that is suitable for users of all experience levels.
The setup process for keystone Keystone device is straightforward. The device must be turned on, and then it scans a QR code by the camera through the Keystone website to authenticate the device. Then, a password is created and the conditions of service are negotiated to. After this, the 24 words seed phrase is then copied down onto the provided seed phrase book or a non-digital material. This seed phrase is essential for the security of the device so it is important that it is kept protected and never used to take by taking a picture or copied onto smartphone or computer.
The device is connected to the Keystone app that is available through the Apple App store or Google Play store. The app serves as an interface that allows users to approve and sign transactions. However, it is important to note that the device does not have internet connectivity. This additional layer of security ensures that the funds are safe even in the event that the phone is compromised.
In conclusion, Keystone’s Keystone product is secure 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 an easy-to-use interface, it is a great option for individuals and institutions looking to store your Bitcoin offline. The focus of the device is security safety, reliability, and comfort, along with 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 a top-notch option for anyone who is looking for hardware wallets.