Trezor is commemorating its decade-long journey with the launch of three pioneering self-custody products, primarily designed for novice users.
Trezor, a prominent supplier of hardware wallets for cryptocurrencies, is rejoicing in its ten-year anniversary by introducing a triumvirate of self-custodial offerings. This ensemble includes the novel Trezor wallet, an exclusive safeguard for private keys, and a Bitcoin-exclusive wallet.
The Czech Republic-based company, Trezor, has proudly announced the launch of Trezor Safe 3. This innovative hardware wallet is designed to accommodate a vast selection of more than 7,000 cryptocurrencies. This momentous introduction underscores Trezor’s commitment to delivering user-friendly hardware wallets.
The unveiling of Trezor Safe 3 arrives nearly half a decade after the release of the Trezor Model T in February 2018. Priced at $79, the Trezor Safe 3 is obtainable in four distinct shades: radiant gold, celestial silver, interstellar rose, and cosmic obsidian.
This novel wallet perpetuates Trezor’s steadfast allegiance to open-source development by incorporating open-source principles in its security components. The announcement highlights Trezor’s judicious choice of a third-party secure element supplier, which affords the company the capability to divulge any potential vulnerabilities it might uncover.
In addition to the Trezor Safe 3, Trezor has also introduced its proprietary physical storage solution for private keys known as Trezor Keep Metal.
As previously reported by Cointelegraph, the safety of a seed phrase or a private key takes precedence over the security of the hardware wallet itself. This is because users can regain access to their wallets even if the hardware wallet is misplaced or damaged.
Enhancing Cryptocurrency Security with the Trezor Metallic Backup Solution
Trezor Keep Metal shares commonalities with analogous physical backup solutions available in the market. It enables users to safeguard their recovery resources against various adversities such as fire, water, corrosive substances, and physical impacts.
The backup tool is artfully crafted from corrosion-resistant stainless steel and is hermetically sealed to ensure its integrity.
According to Matej Zak, the CEO of Trezor, Trezor Keep Metal stands as a pivotal element in Trezor’s quest to enhance user-friendliness and thereby foster widespread adoption of cryptocurrencies.
“It is very easy to use in the way that it is because all the other solutions usually have some kind of conversion so that you need some numbering system against the word,”
Zak elucidated in an interview with Cointelegraph reporter Gareth Jenkinson.
“Whereas here, it’s very intuitive in a way that you just punch in the actual letter from the word onto the steel,”
With a price tag of $99, Trezor Keep Metal empowers users to secure both 12-word and 24-word standard backups. For those seeking a more comprehensive solution, the Trezor Keep Metal catering to three 20-word Shamir backups is available for $249.
Trezor’s Commemorative Bitcoin-Centric Hardware Wallet: A Limited-Edition Tribute to Empowering Communities
Finally, in celebration of its corporate milestone, Trezor has introduced an exclusive Bitcoin-centric hardware wallet. This limited-edition release comprises a mere 2,013 units.
In recognition of Bitcoin’s potential to empower individuals in underserved and marginalized communities, Trezor pledges to donate $21 from each unit sold to support the Trezor Academy—an educational initiative centered around Bitcoin.
Since its establishment in 2013, Trezor has become a leading global provider of hardware wallets, ensuring the security of cryptocurrencies like Bitcoin.
In 2014, they introduced the original Trezor wallet, named Trezor One. This wallet still fulfills the essential role of safeguarding a wide range of digital assets over extended periods.