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Trezor Unveils New Hardware Crypto Wallets and Metal Recovery Seed Backup Solution for Secure Bitcoin Storage

source-logo  blockchainreporter.net 12 October 2023 11:30, UTC

In a groundbreaking move, Trezor, a globally recognized hardware crypto wallet platform, has unveiled its latest range of hardware wallets, accompanied by a robust metal recovery seed backup solution, enhancing the security parameters for Bitcoin storage.

Trezor Brings Safe 3 After 5 Years

Marking its 10th anniversary in the cryptocurrency security industry, Trezor, a prominent hardware cryptocurrency wallet provider, has unveiled three new self-custody products, enriching its portfolio with a new Trezor wallet, a unique private key backup solution, and a dedicated Bitcoin-only wallet.

The company, based in the Czech Republic, officially declared the launch of the Trezor Safe 3 on October 12, a robust hardware wallet that extends support to over 7,000 cryptocurrencies. This launch signifies a pivotal moment in Trezor’s journey, emphasizing its commitment to providing accessible entry-level hardware wallets to the crypto community.

Trezor Safe 3 makes its debut almost half a decade after the company introduced the Trezor Model T in February 2018. Priced at $79, the Trezor Safe 3 is available in a vibrant array of four colors: solar gold, stellar silver, galactic rose, and cosmic black, offering aesthetic as well as secure cryptocurrency storage solutions to users.

The latest wallet device upholds Trezor’s steadfast dedication to open-source development, embracing open-source tenets in its utilization of the security component, as highlighted in the announcement. Trezor has opted for a third-party secure element vendor, enabling the company to disclose any potential vulnerabilities it identifies.

Alongside the Trezor Safe 3, the company has also unveiled its own tangible private key storage solution, dubbed Trezor Keep Metal. The security of a seed phrase or a private key takes precedence over the safety of the hardware wallet device itself. This is because users can regain access to their wallet even if the hardware device is misplaced or suffers damage.

Infrastructure Of Trezor Keep Metal

Trezor Keep Metal shares numerous features with comparable physical backup solutions available in the market, enabling users to safeguard their recovery safe against various conditions including fire, water, acids, and impacts. The backup instrument is crafted from corrosion-resistant stainless steel and features a watertight seal.

Matěj Žák, CEO of Trezor said, “We understand that self-custody can be intimidating, especially for newcomers. That’s why we have designed the new wallets and the backup solution with beginners in mind. They’re packed with security features to keep digital assets safe. Managing your crypto is now easier than ever with a Trezor Safe hardware wallet and the new Trezor Suite desktop and mobile apps.”

Priced at $99, Trezor Keep Metal provides users with the capability to store both 12-word and 24-word standard backups. A variant of Trezor Keep Metal, designed to accommodate three 20-word Shamir backups, is available for $249.

In celebration of the company’s anniversary, Trezor has also launched a Bitcoin-only hardware wallet, available in a limited edition of merely 2,013 units. Acknowledging Bitcoin’s potential to uplift individuals in disadvantaged and marginalized communities, Trezor will contribute $21 from each sale to the Trezor Academy, an initiative focused on Bitcoin education, as per the announcement.

Established in 2013, Trezor stands as one of the world’s largest providers of hardware wallets, enhancing the secure storage of cryptocurrencies like Bitcoin for users globally. The Trezor One, the company’s inaugural wallet released in 2014, continues to be available for purchase, providing fundamental functionality for long-term storage of multiple coins.

blockchainreporter.net