• Home
  • Latest News
  • Introducing Trezor's Latest: Keep Metal, the Corrosion-Resistant Hardware Wallets for Secure Recovery

Introducing Trezor's Latest: Keep Metal, the Corrosion-Resistant Hardware Wallets for Secure Recovery

Latest News
Oct 14, 2023 at 11:05 am

Trezor, a prominent company specializing in cryptocurrency hardware wallets, has recently introduced a lineup of innovative products. Among these is a simplified hardware wallet designed to cater to novice crypto enthusiasts. Additionally, Trezor has unveiled the "Keep Metal," a corrosion-resistant stainless steel product tailored for securely storing recovery-seed phrases.

The newly revealed Safe 3 wallet boasts a tamper-resistant hardware component, providing an added layer of security to the device. Meanwhile, the Keep Metal serves as a reliable backup solution for safeguarding recovery seed phrases, which are pivotal for wallet restoration.

These product launches underscore Trezor's dedicated endeavor to empower more cryptocurrency users to take full control of their digital assets. Currently, only a fraction of the estimated 420 million global crypto users choose self-custody.

Matěj Žák, the CEO of Trezor, has emphasized that the primary aim of these releases is to enable newcomers to the crypto space to experience the confidence and peace of mind that come with independently managing and securing their digital assets.

Trezor's New Offerings:

  1. Trezor Safe 3 Wallet: This versatile wallet ensures the security of a wide array of cryptocurrencies, including bitcoin, ether, and over 7,000 other coins. Resembling the size of a keyring, it features a minimalist design with two buttons, prioritizing functionality over ostentation.

  2. Keep Metal: This product takes the form of a steel tube, adorned with 24 alphabet tables. Users are encouraged to punch through the relevant letters corresponding to their recovery seed words. This method serves as a mnemonic aid for securely storing critical information.

It's worth noting that the matter of backing up seed phrases garnered attention in May when Ledger, another hardware wallet provider, introduced a recovery service involving encrypted fragments stored with third parties. This "Recover" service received mixed reactions from the crypto community, with concerns raised about potential privacy and security implications.

Regarding this, Žák stated:

"I understand why they did that from a business perspective, but we would never go there because it's against the principle of a hardware wallet."

In acknowledgment of Bitcoin's paramount position in the cryptocurrency landscape – and likely in response to user preferences for exclusive bitcoin storage – Trezor also introduced a BTC-only version of the Safe 3 wallet, marking the 10-year milestone of its initial bitcoin hardware wallet release.

Read more: Ledger, a Crypto Custody Firm, Implements 12% Workforce Reduction

Related News

Sign up for daily crypto news in your inbox

Get crypto analysis, news and updates right to your inbox! Sign up here so you don't miss a single newsletter.