0
0
News

Trezor Debuts New Hardware Wallets

Trezor also introduced a new seed phrase recovery feature.
0
0
Jun 14, 2024 • 1 min read

Trezor introduced its new flagship Safe 5 hardware wallet at BTC Prague 2024 that boasts onboarding services and a Bitcoin-only version.

What's the scoop?

  • New Features: The Safe 5 includes a larger color touchscreen, a new secure element, and a 20-word backup process using Shamir's secret sharing to split the master key into multiple parts, ensuring access even if some parts are lost.
  • Onboarding Service: Trezor also launched "Trezor Expert," a one-on-one onboarding service to help customers set up and secure their wallets.

Bankless Take:

With onboarding services and Bitcoin-only options, Trezor’s latest hardware wallet aims to instill the feeling of keeping valuables in a bank safe instead of just leveling up your security. While hardware wallets likely aren't the ticket to scaling to the next billion users, they're a useful tool to teach the values of self-custody and help those particularly active in the space to protect themselves.

Not financial or tax advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This newsletter is not tax advice. Talk to your accountant. Do your own research.

Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here.

Published in Bankless

There’s a revolution in the world of money. Ethereum, Bitcoin, crypto, open finance, DeFi—a bankless revolution. And you want part of it.

Are you sure you want
to log out?
You'll lose access to your Bankless account until you log back in again. Oh and also, we'll miss you too much! 😢
Cancel
Continue
Account Light mode Log Out