Trezor has released a new hardware wallet and metal private key backup
Trezor, a leading provider of hardware cryptocurrency wallets, is celebrating its 10th anniversary with the release of three self-sustaining products: the new Trezor Wallet, a proprietary private key backup solution, and a Bitcoin (BTC)-only wallet.
Czech Republic-based company Trezor Safe 3 announced on October 12 that it officially launched its new hardware wallet that supports more than 7,000 cryptocurrencies. Level hardware bags.
The release of the Trezor Safe 3 Wallet comes nearly five years after the hardware wallet company released the Trezor Model T in February 2018. Retailing for $79, the Trezor Safe 3 is available in four colors including Solar Gold, Stellar Silver, Galactic Rose and Cosmic black.
The new Trezor Safe 3 Wallet device maintains Trezor's commitment to using the wallet's open source principles as a security component, the announcement said. Trezor has selected a third-party secure component provider that allows it to publish any potential vulnerabilities it finds.
In addition to the Trezor Safe 3 wallet, Trezor has introduced its own physical private key storage solution, Trezor Cape Metal. As previously reported by Cointelegraph, pedigree or private key security is more important than hardware wallet device security, as a person can regain access to the wallet even if it is lost or damaged.
Trezor Keep Metal has a lot in common with similar physical backup solutions in the market, allowing users to protect their backups against fire, water, acid and impacts in any situation. The backup device is made of corrosion-resistant stainless steel, and a waterproof seal.
According to Trezor CEO Matej Zak, Trezor Cap Metal is another part of Trezor's commitment to increase usability to increase global crypto adoption.
“It's much easier to use this way because all the other solutions usually have the same conversion, so you need a number system that's against the word,” Zack told Cointelegraph.
The CEO said: “With this, it's very intuitive in the way you punch the exact letter out of the word.
Related: Ledger lays off 12% of workers citing ‘macroeconomic headwinds'
Available for $99, the Trezor Keep Metal allows one to store both 12-word and 24-word standard backups. Trezor Keep Metal retails for $249 for three 20-word Shamir backups.
Finally, Trezor's Bitcoin-only hardware wallet was released in celebration of the company's anniversary, with a limited edition featuring just 2,013 devices. Recognizing Bitcoin's ability to empower individuals in disadvantaged and marginalized communities, Trezor will donate $21 from each sale to Trezor Academy, a Bitcoin education initiative, the announcement said.
In the year Founded in 2013, Trezor is one of the leading hardware wallet providers that allows users to store cryptocurrencies such as Bitcoin. Trezor's first wallet, Trezor One, was released in 2014 and is still intact, providing basic functionality for storing large amounts of coins over the long term.
Magazine: Web3 Gamer: Minecraft Bans Bitcoin P2E, iPhone 15 and crypto gaming, Formula E
