Trezor launched a new hardware wallet and a limited edition Bitcoin-only device
In a move to help diverse people entering the crypto space, Trezor has unveiled three innovative products. These releases coincide with the company's 10th anniversary of its first Bitcoin hardware wallet, a move that signals plans to make self-sustaining more accessible.
The product collection includes:
Trezor Safe 3, an easy-to-use, secure hardware wallet available in four different colors; Trezor Keep Metal, which contains a robust recovery seed backup solution; Trezor Safe 3 Bitcoin only, which is a limited edition Bitcoin-only model customized only with major crypto.
Trezor new products
According to an announcement shared with CryptoPotato by the Czech company behind the world's first Bitcoin hardware wallet, the new Trezor Safe 3 hardware wallet is designed to meet the diverse needs of crypto users and features an attractive and user-friendly design.
It introduces a secure element, a hardware component that resists tampering to increase security, especially in the event of device loss. Combined with a strong passphrase that is not stored in the device, it provides ultimate protection for users' crypto holdings.
The company chose a third-party secure element vendor, allowing it to patch any potential vulnerabilities found. The tool integrates seamlessly with the Trezor Suite desktop application, providing an all-in-one solution for managing digital assets, including buying, selling, exchanging and saving.
Trezor Safe 3 supports a variety of cryptocurrencies, including Bitcoin, Ethereum, and over 7,000 other coins. It costs €79/79.
Treasure Cape Metal, on the other hand, looks at the critical aspect of protecting the recovery seed. For a lost or stolen Trezor hardware wallet, a recovery seed, a unique string of words generated during initial registration, can restore access to the wallet. Trezor Keep Metal offers protection against fire, water, corrosion and impacts, making it a reliable and durable solution for supporting recovery seeds.
This product is suitable for 12-word and 24-word standard backups, options available for €99/$99. It also supports Shamir backup, making it a great security solution for Shamir-compatible Trezor Safe 3. The version with a 3 x 20 word shamir reserve price is 249/249 euros.
These devices are available for pre-order and will ship in mid-November.
Growing calls for self-improvement
Last year's FTX debacle forced consumers to rush to self-storage solutions to protect their digital assets. In addition to Trezor, hardware wallet provider Ledger has seen strong sales as trust in custodians has waned.
Sunday was @Ledger's biggest sales day.
And amid FTX's decline, last week was the company's biggest sales week yet.
– @iancr Chief Experience Officer at Ledger told TechCrunch.
— Jacqmelinek (@jacqmelinek) November 14, 2022
Trezor CEO Matej Zuac emphasized the importance of self-protection in the space, especially as the number of crypto holders is increasing. He emphasized the importance of owning and protecting one's crypto assets, citing the risks associated with centralized exchanges.
“The events of the last year or so have shown the dangers of people entrusting their cryptocurrencies to a centralized exchange. We have seen the fact time and again that ‘your keys are not your coins'.
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