Trezor Releases New Hardware Wallet With Private Key Backup

Trezor Releases New Hardware Wallet With Private Key Backup

Hardware crypto wallet provider Trezor has unveiled a triad of self-custody products, according to the company’s blog post.

As part of its 10-year anniversary, Trezor announced the release of an upgraded Trezor wallet, an innovative private key backup solution, and an exclusive Bitcoin-centric wallet.

Launched in 2013, Trezor serves as one of the largest global providers of hardware wallets that enable users to store their crypto. Its first wallet, the Trezor One, was released in 2014 and is still on the market.

On Oct. 12, the Czech Republic-based company officially launched the Trezor Safe 3, a state-of-the-art hardware wallet compatible with over 7,000 cryptocurrencies. This introduction is hailed as a pivotal stride in Trezor’s ongoing endeavors to provide accessible “entry-level hardware wallets” to the crypto community.

This rollout of Trezor Safe 3 comes just five years after the company rolled out its Trezor Model T in early 2018. With a price of $79, the new device comes in an array of colors, including solar gold, galactic rose, stellar silver, and cosmic black.

Trezor’s newest wallet incorporates open-source development guidelines, particularly in its security component deployment. The firm’s collaboration with an external secure element provider enables it to disclose any identified vulnerabilities transparently.

Trezor also introduced the Trezor Keep Metal, a proprietary solution for physical private key storage. In other words, think of the seed phrase or private key as your social security number (SSN) – if that’s ever compromised, you’re SOL, regardless of what issues you may have with your hardware wallet.

Similar to other market competitors, the Trezor Keep Metal has been engineered with resilient stainless steel construction to withstand elemental adversities such as fire, water, and even corrosive agents.

The Trezor Keep Metal is priced at $99 USD, accommodating both 12-word and 24-word standard backups, as well as three 20-word Shamir backups at a price point of $249 USD.

Turning to its Bitcoin-exclusive hardware wallets, Trezor released a limited 2,013 units, commemorating the company’s 2013 inception. The company will also donate $21 USD from each sale to support its native Bitcoin education program, Trezor Academy.



12 de October de 2023

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