Trezor, renowned for supplying secure cryptocurrency hardware wallets, marked its 10th anniversary by launching three new self-custody products. These include a fresh wallet, a solution for securely backing up private keys, and a wallet dedicated to Bitcoin.
On October 12, the company officially introduced Trezor Safe 3. This cutting-edge hardware wallet can store over 7,000 different cryptocurrencies. It comes with a price tag of $79. This wallet is available in four vibrant colors that are solar gold, stellar silver, galactic rose, and cosmic black.
The recent announcement highlights how the new wallet upholds Trezor’s dedication to open-source progress. It applies open-source principles when utilizing the security component. The company has opted for a third-party secure element vendor, enabling the company to disclose any possible vulnerabilities it uncovers.
Alongside Safe 3 wallet, the company has unveiled its proprietary physical private key storage option, Trezor Keep Metal. This storage option shares many features with other physical backup solutions. It enables users to safeguard their recovery securely under any circumstances, including protection against fire, water, acids, and impacts. The manufacturing of the backup tool involves using corrosion-resistant stainless steel and applying a watertight seal.
The safety of the seed phrase or private key outweighs the safety of the hardware wallet. Even if the hardware wallet is lost or damaged, retaining the seed phrase or private key empowers users to reclaim access to their funds.
The company offers Trezor Keep Metal for $99. The storage option allows users to store both 12-word and 24-word standard backup phrases. Furthermore, they have Trezor Keep Metal, designed to hold three 20-word Shamir backup phrases, which is available for $249.
Since 2013, the company has been functioning as a critical global supplier of hardware wallets, facilitating users securely storing their cryptocurrencies. The company has launched a special limited-edition Bitcoin-only hardware wallet to mark its anniversary. Only 2,013 units of this Bitcoin-dedicated wallet are up for grabs.
To showcase its support for the potential of Bitcoin in empowering individuals in disadvantaged and marginalized communities, the company has committed to donating $21 from every purchase to back Trezor Academy. This educational initiative is primarily focused on educating about Bitcoin.