Crypto Dot Com Unveils New Hardware Wallet & Metal Private Key Backup
Trezor Celebrates 10th Anniversary with Three Self-Custody Products Cryptocurrency wallet provider Trezor is commemorating its 10th anniversary with the launch of three self-custody products, including the new Trezor wallet, a private key backup solution and a Bitcoin (BTC)-only wallet. The Trezor Safe 3 wallet, which supports more than 7,000 cryptocurrencies, is the latest entry-level hardware…
Trezor Celebrates 10th Anniversary with Three Self-Custody Products
Cryptocurrency wallet provider Trezor is commemorating its 10th anniversary with the launch of three self-custody products, including the new Trezor wallet, a private key backup solution and a Bitcoin (BTC)-only wallet. The Trezor Safe 3 wallet, which supports more than 7,000 cryptocurrencies, is the latest entry-level hardware wallet from the Czech Republic-based company.
The Trezor Safe 3 wallet is available in four colors – solar gold, stellar silver, galactic rose and cosmic black – and is retailing for $79. Trezor has chosen a third-party secure element vendor that applies open-source principles, allowing the company to publish any potential vulnerabilities it discovers.
The launch of the Trezor Safe 3 wallet follows the release of the Trezor Model T in February 2018. Trezor has been providing crypto users with secure storage solutions for a decade, and the introduction of the Trezor Safe 3 wallet is the latest step in the company’s mission to provide users with a reliable and secure way to store their digital assets.
Trezor Keep Metal: Enhancing Usability to Boost Crypto Adoption
Trezor has recently introduced its own physical private key storage solution, Trezor Keep Metal, as an additional component to the Trezor Safe 3. The safety of a seed phrase or a private key is far more important than the safety of a hardware wallet device itself, as users can restore access to the wallet even if a hardware wallet is lost or damaged.
Trezor Keep Metal is made from corrosion-resistant stainless steel with a watertight seal, making it highly resistant to fire, water, acids and impacts. According to Trezor CEO Matej Zak, the solution is easy to use and is an important part of Trezor’s commitment to enhancing usability to boost global crypto adoption.
“It is very easy to use in the way that it is because all the other solutions usually have some kind of conversion so that you need some numbering system against the word,” Zak said in an interview with Cointelegraph xlm crypto reporter Gareth Jenkinson.
Trezor Keep Metal and Bitcoin-only Hardware Wallet
The Trezor Keep Metal, which retails for $99, enables users to store 12-word and 24-word standard backups, while the Trezor Keep Metal catering for three 20-word Shamir backups is available for $249.
To mark its anniversary, Trezor, founded in 2013, released its Bitcoin-only hardware wallet, a limited-edition run of 2,013 devices. Trezor will donate $21 from each sale to the Trezor Academy, an initiative to educate people about Bitcoin, and to empower individuals in underprivileged and marginalized communities.
Trezor One, the company’s first wallet released in 2014, provides basic functionality for long-term storage of multiple coins. According to the CEO, “it’s very intuitive in a way that you just punch in the actual letter from the word onto the steel.”