Trezor, a major provider of hardware cryptocurrency wallets, is celebrating its 10th anniversary with the release of three self-custody products, including a new Trezor wallet, a proprietary private key backup solution and a Bitcoin (BTC)-only wallet .
The Czech Republic-based company officially announced on October 12 the launch of Trezor Safe 3, its new hardware wallet that supports more than 7,000 cryptocurrencies. The company emphasized that the launch of the new wallet marks an important milestone in Trezor’s entry-level service offering – a first-class hardware wallet.
The release of the Trezor Safe 3 wallet comes nearly five years after the hardware wallet company launched the Trezor Model T in February 2018. The Trezor Safe 3 retails for $79 and is available in four colors: Solar Gold, Stellar Silver, Galaxy Rose, and Cosmic Gold Black.
The announcement states that the new wallet device maintains Trezor’s commitment to open source development and applies open source principles when using secure elements. Trezor selected a third-party secure element vendor, allowing it to publish any potential vulnerabilities discovered.
In addition to Trezor Safe 3, Trezor also launched its own physical private key storage solution, Trezor Keep Metal. As Cointelegraph previously reported, the security of the mnemonic phrase or private key is far more important than the security of the hardware wallet device itself, as one can recover access to the wallet even if the hardware wallet is lost or damaged.
Trezor Keep Metal has a lot in common with many similar physical backup solutions on the market, allowing users to keep data recovery safe from fire, water, acid and shock in any condition. The backup tool is made of corrosion-resistant stainless steel and has a watertight seal.
Trezor CEO Matej Zak said Trezor Keep Metal is another important component of Trezor’s commitment to enhancing usability to promote global adoption of cryptocurrencies.
“It’s very easy to use because all other solutions usually have some kind of conversion, so you need some numbering system for words,” Zucker said in an interview with Cointelegraph reporter Gareth Jenkinson.
“Here, it’s so intuitive that you just type the actual letters of the word onto the steel,” the CEO noted.
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Trezor Keep Metal sells for $99 and can store 12-word and 24-word standard backups. The Trezor Keep Metal holds three 20-word Shamir backups and sells for $249.
Finally, to commemorate the company’s anniversary, Trezor launches a pure Bitcoin hardware wallet, limited edition to only 2,013 units. The announcement states that in recognition of the power Bitcoin can provide to individuals in poor and marginalized communities, Trezor will donate $21 from every sale to support Trezor Academy, a Bitcoin education initiative.
Founded in 2013, Trezor is one of the world’s largest hardware wallet providers, allowing users to store cryptocurrencies such as Bitcoin. Trezor’s first wallet, the Trezor One, was released in 2014 and is still intact today, offering basic functionality for long-term storage of multiple coins.
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