The type of stone refers to the material it is made with. You can find many different types, including diamond, ceramic, natural stone, and synthetic. I would only suggest diamond if you’re planning to be sharpening only ceramic knives. Many of the stones you’ll find on Amazon or other retails are made of Corundum, which is a crystalline form of aluminium oxide. It’s a fine choice for a beginner sharpening stone.
I bought this and Unimi's 600/1000 whetstone at the same time. Curiously, reviews are currently blocked for their 600/1000 model, as amazon wouldn't let me leave one for it. Considering the conspicuous absence of reviews in the other stone's listing, one can only assume they're being censored for everyone. So, maybe I should be more critical of these stones, and use them a while longer before giving them any praise? But I've had a very positive experience with them so far, and the 600/1000 stone was the one I found most useful.
The purpose of this article is just to get you started on the right path and please note that this is just the way I do it, there are many gifted sharpeners out there who are eager to share their knowledge. (I am not calling myself a gifted sharpener by the way, I just have so much respect for many sharpeners so I’m calling them gifted, they call me Peter).
It looks like it can be a Sci-Fi film prop. This is a 2 stage type of sharpening system. You'll get a non slip cushion with it which is at the bottom offering stability for the user. It's ergonomic handle provides a comfortable and easy grip. This cushion offers the stability needed when sharpening and polishing your pocket knife to it's absolute razor sharpness. The sharpener does the work as you hold down the grip and simply place your pocket knife to get sharpened by the motions of the ceramic and diamond sharpener wheels. Simply run your dull knives through the device and you'll get the results you've been looking for. This one will definitely help you when you learn how to sharpen a pocket knife on the Priority Chef.