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The cryptocurrency hardware wallet provider Trezor has announced its latest product, the Trezor Safe 3. But it has surprised the community by ditching the touchscreen and moving back to physical buttons.
The ideal, and arguably the safest, way to hold cryptocurrency is self-custody, meaning only you have access to it. Hardware wallets are considered one of the best means of self-custody, as access to crypto remains offline.
Trezor Safe 3 Aims to Target Wider Audience
Wallet maker Trezor has announced the launch of three new products to mark its 10-year anniversary.
- Trezor Safe 3, supporting over 7,000 cryptocurrencies,
- Trezor Safe 3, supporting Bitcoin only, and
- Trezor Keep Metal, for protecting recovery seeds
Read more: Ledger vs. Trezor: Which Hardware Wallet Is Best in 2023?
Trezor Safe 3 is the latest model of hardware wallet after the Trezor Model T, launched in February 2018. While the Trezor Model T had a touchscreen, the latest product has returned to physical buttons, similar to the first model of the hardware wallet, the Trezor Model One.
A community member questioned Trezor’s decision to bring back physical buttons in the latest model through an X (Twitter) post:
“Trezor One: physical buttons.
Model T: touch screen buttons.
Trezor 3: physical buttons.
I wonder if the past few years of supporting the Model T taught some lessons…”
A cybersecurity firm, Unciphered, posted a video in May 2023 claiming that they hacked a Trezor Model T. However, the hardware provider clarified that there is no issue with Model T’s touchscreen. It wrote:
“No issue with Trezor Model T’s touchscreen.
“Trezor Safe 3 is an affordable and user-friendly hardware wallet for everyone”
Indeed, the Trezor Safe 3 is affordable, costing $79, while the Trezor Model T costs $219. Through this strategy, it can onboard more users with a limited budget.
Interestingly, Apple adopted a similar strategy with the iPhone SE in 2020, bringing back the old design. While the flagship iPhone cost over $799, the entry-level iPhone SE, at that time, cost around $399. iPhone SE had the design of 2017’s iPhone 8 and the processor of iPhone 11.
Read more: Best Hardware Wallet Picks (2023) — Ultimate Guide
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