Trezor Marks Decade Anniversary with Launch of Three Innovative Crypto Wallet Products
Summary:
Trezor, a leading cryptocurrency hardware wallet provider, commemorates its 10th anniversary with the launch of three self-storage products: a new Trezor wallet, a private key backup solution, and a Bitcoin-exclusive wallet. Their latest offering, the Trezor Safe 3, supports over 7,000 cryptocurrencies and strongly represents the company's ongoing commitment to open-source principles. Additionally, Trezor has introduced a physical private key storage solution named Trezor Keep Metal. Lastly, they have also released a limited-edition Bitcoin-only wallet, with part of the sales supporting the Trezor Academy, a Bitcoin education initiative.
Trezor, a renowned cryptocurrency hardware wallet provider, is commemorating its 10th year with the introduction of three self-storage products. These include a novel Trezor wallet, an exclusive private key backup solution, and a Bitcoin-exclusive wallet. The Czech Republic-domiciled firm officially unveiled the Trezor Safe 3 on Oct. 12. This latest hardware wallet accommodates over 7,000 different cryptocurrencies. The enterprise emphasized that the release marks a pivotal point in their distribution of entry-level hardware wallets.
Trezor Safe 3's launch comes nearly half a decade post the original introduction of the Trezor Model T back in February 2018. Selling at $79, the Trezor Safe 3 is offered in four different shades, such as Solar Gold, Stellar Silver, Galactic Rose, and Cosmic Black.
Trezor Safe 3 maintains the company's dedication to open-source progress, with the wallet utilizing open-source dynamics in its security functionalities, as mentioned in the official announcement. Trezor selected a third-party secure element provider which enables the exposure of potential vulnerabilities.
Alongside the Trezor Safe 3, the company also rolled out its unique physical private key retention solution, Trezor Keep Metal. This offering shares features with other physical backup alternatives, enabling users to ensure their recovery remains secure under any circumstances, including against fire, water, acid, and physical impacts.
The Trezor Keep Metal that supports both 12-word and 24-word standard backups can be purchased for $99, whereas its variant catering to three 20-word Shamir backups is priced at $249.
In conclusion, Trezor has launched a Bitcoin-exclusive hardware wallet in a limited edition of 2,013 pieces. To honor Bitcoin's potential to uplift underprivileged and marginalized groups, the company decided to donate €21 from each sale towards the Trezor Academy, an educational initiative about Bitcoin.
Published At
10/12/2023 7:00:00 AM
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