Trezor releases new hardware wallet and metal private key backup
Trezor, a major provider of hardware cryptocurrency wallets, is celebrating its 10th anniversary by releasing 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 the launch of Trezor Safe 3, its brand-new hardware wallet supporting more than 7,000 cryptocurrencies, on Oct. 12. The firm highlighted that the new wallet launch marks an important milestone in Trezor’s provision of entry-level hardware wallets.
The release of the Trezor Safe 3 wallet comes nearly five years after the hardware wallet firm rolled out the Trezor Model T in February 2018. Retailed for $79, Trezor Safe 3 is available in four colors: solar gold, stellar silver, galactic rose and cosmic black.
The new wallet device maintains Trezor’s commitment to open-source development, applying open-source principles in using the security component, the announcement notes. Trezor has chosen a third-party secure element vendor that allows it to publish any potential vulnerabilities it discovers.
In addition to the Trezor Safe 3, Trezor has also introduced its own physical private key storage solution, Trezor Keep Metal. As previously reported by Cointelegraph, 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 has much in common with similar physical backup solutions in the market, allowing users to keep their recovery safe under any conditions against fire, water, acids and impacts. The backup tool is made from corrosion-resistant stainless steel with a
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