The Keystone device, previously referred to as Cobo Wallet, is a hardware wallet that is rapidly gaining popularity among individuals and institutions who seek safe ways to keep their crypto. Founded in the year 2017 in 2017 by Discus Fish and Changhao Jiang, Keystone offers a range of products that focus on security as well as reliability and ease of use for its customers.
One of the major characteristics that is unique to the Keystone device is its air-gapped option, which means that it doesn’t have to connect to an internet-connected device. This extra layer of security ensures that the funds are safe from online threats such as hacking or the phishing attack. It is also open source, which means that the source code is accessible for scrutiny and review which further enhances the security of the device. Additionally, the device supports multiple cryptocurrencies, including Bitcoin, Bitcoin Cash, Dash, Ethereum, EOS, Litecoin, Polkadot, Tether and Tron along with several ETH, TRON, and EOS digital tokens.
The Keystone gadget is simple to use, with a large display screen , which allows users to easily view all assets. Its hardware is more durable than its rivals, meaning that it will last many years. Additionally, the device has a detachable battery pack this means that it can be replaced if it is exhausted. It also features a sleek and easy-to-navigate interface, making it accessible to users of any level of experience.
The procedure for setting up Keystone is simple. The setup process for Keystone device is simple. The device must be turned on, and then it scans a QR code with the device’s camera through the Keystone website to authenticate the device. After that, a password will be set and the conditions of service are agreed upon. The 24 words seed phrase is then copied onto the booklet of seed phrases or an undigital medium. This seed phrase is crucial for the security of the device so it is important that it is kept safe and never taken in a photo or written on smartphone or computer.
Additionally, the device is also connected to the Keystone app available in the Apple App store or Google Play store. The app serves as an interface for approving and sign transactions. However, it is vital to keep in mind that the device itself does not have internet connectivity. This additional layer of security ensures that your funds are secure even if your smartphone is compromised.
In the end we can say that Keystone’s Keystone device is a secure and reliable hardware wallet that offers an air-gapped solution that is easy to use. It supports a variety of cryptocurrencies 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 store the Bitcoin offline. The device’s emphasis on security, reliability, and convenience, along with its one-stop shop for everything crypto by supporting 9 different coins as well as 700 tokens and offering access to an integrated DApp store makes it an excellent choice for anyone looking for a hardware wallet.