Satoshi Nakamoto’s decentralization dream is becoming true. Bitcoin and other cryptocurrencies had an incredible year and more and more people are starting to use them. While third party financial institutions are not involved in cryptocurrency transactions, the users should take care of their security.
When an individual makes a transaction with a third party involved, the funds can be rescued or secured in case something goes wrong. With the cryptocurrencies, it does not happen in the same way. It is impossible to get any refund if someone looses its cryptocurrencies.
Trezor Model T – A New Hardware Wallet
Trezor is one of the most famous offline cryptocurrency wallets. It is a hardware device that offers a high protection to the cryptocurrencies someone owns. Hardware wallets are one of the safest devices to store virtual currencies because nobody has access to it, more than the owner (they are not connected to the internet).
Satoshi Labs, the company that develops Trezor, upgraded its wallet device. The Trezor Model T, as the company decided to call it, presents different characteristics. It has a RGB LCD touchscreen with a RM Cortex-M$ processor. The past edition had a monochrome screen and a slower processor.
“When you first hold the Trezor Model T, the first thing you will notice is the staple of the Model T – its large touchscreen. Plug your new Trezor in, and the screen will illuminate you, showing off its vibrant colours, waiting for your instructions,” commented the company.
Trezor Model T Technical Specification:
- Processor: Powerfull ARM Cortex-M4 processor @ 168 Mhz
- Display: 240 x 240 px, RGB LCD display
- Size: 64mm x 39mm x 10mm
- Connection: USB-C
- Ext. encrypted storage: MicroSD
- Accessories: Magnets for docking
About the price, the Trezor Model T will cost $139 dollars and it is available for pre-order with a stock of 3,000 units. More details about the product you can find on the Trezor Blog.