Trezor Celebrates 10th Anniversary with Trio of Cryptocurrency Self-Custody Products
(Originally posted on : Crypto News – iGaming.org )
Trezor, a top producer of hardware bitcoin wallets, is announcing three self-custody solutions to honor its spectacular 10-year milestone. These upgrades include a fresh Trezor wallet, an exclusive Bitcoin-only wallet, and a unique private key backup solution. On October 12, this Czech Republic-based business unveiled the Trezor Safe 3, a brand-new hardware wallet that supports over 7,000 coins.
Introducing Trezor Safe 3
The introduction of the Trezor Safe 3 marks an important turning point in Trezor’s quest to provide entry-level hardware wallets. This introduction comes soon after the Trezor Model T’s February 2018 debut. The Trezor Safe 3 is offered for $79 and comes in four different shades: sun gold, stellar silver, galaxy rose, and cosmic black.
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The Trezor Safe 3 stands out thanks to its continuous dedication to open-source development. Trezor may adhere to the values of open-source by aggressively publishing any possible flaws it finds by employing a third-party secure element provider.
Trezor has unveiled its ground-breaking physical private key storage solution, the Trezor Keep Metal, in addition to the Trezor Safe 3. This action recognizes the crucial need of protecting a seed phrase or private key, which controls access to bitcoin funds. Secure key storage makes guarantee that money can be retrieved even if a hardware wallet is lost or destroyed.
Fire, water, acids, and collisions are just a few of the environmental stresses that Trezor Keep Metal is made to survive. It provides strong defense since it is made of corrosion-resistant stainless steel and has a watertight seal.
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Matej Zak, CEO of Trezor, claims that Trezor Keep Metal is an essential component of the company’s larger mission to improving usability and encouraging widespread use of cryptocurrencies. Zak stressed how user-friendly it is since it doesn’t require the complicated numbering systems that are sometimes present in other solutions and instead lets customers inscribe their letters right onto the steel.
Trezor has unveiled a hardware wallet that supports exclusively Bitcoin to mark its anniversary. There are just 2,013 units available in this limited release. Trezor will donate $21 from each sale to the Trezor Academy, a program for Bitcoin education, in an effort to aid impoverished and disenfranchised populations.
Trezor, which was founded in 2013, is one of the biggest hardware wallet providers in the world, enabling users to safely store cryptocurrencies with a concentration on Bitcoin. Although its first product, the Trezor One, was introduced in 2014, it is still on the market and serves individuals looking for basic multi-coin storage capabilities.