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Introduction of Trezor Safe 5
Trezor has introduced the Trezor Safe 5, its latest flagship device, boasting enhanced security features and a haptic color touchscreen, alongside a new personalized onboarding service called Trezor Expert. This announcement marks a significant milestone in Trezor’s commitment to providing secure and user-friendly solutions for managing digital assets.
Hands-On Experience by CryptoSlate
According to CryptoSlate, which had early access to the device prior to its unveiling at BTC Prague, the device promises to elevate the user experience with its visually engaging color touchscreen. Powered by the Trezor Touch haptic engine, this new interface offers a more intuitive and responsive interaction with the device. The Secure Element, a critical component of the Safe 5, is NDA-free and EAL 6+ certified, ensuring robust protection for sensitive data and cryptographic operations.
Trezor Safe 5 Enhanced Security with 20-Word Backup Process
A standout feature of the device is its upgraded 20-word backup process, which enhances security through Shamir’s secret sharing method. This process splits the master secret key into multiple unique shares, mitigating the risk of a single point of failure. Even if some shares are lost, users can still recover their crypto assets. To further protect these backup phrases from physical damage, Trezor offers the Trezor Keep Metal solution, now in a 20-word version, for $99.
Trezor Safe 5 Durable Design and Broad Cryptocurrency Support
Encased in durable Gorilla Glass, the device is available in finishes like Black Graphite, Violet Ore, and Green Beryl. The device supports a wide range of cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), and many others, ensuring extensive compatibility for users. The Trezor Suite desktop application and mobile app allow users to manage their assets on the go and utilize a variety of third-party services for a tailored crypto experience.
Trezor Safe 5 Bitcoin-Only Version for Enthusiasts
For Bitcoin enthusiasts, Trezor has introduced a Bitcoin-only version of the Safe 5. This version excludes non-Bitcoin-related features for a streamlined experience. Following the success of the limited edition Bitcoin-only Trezor Safe 3, unlimited editions of both the Bitcoin-only Safe 3 and Safe 5 in a distinctive fiery orange colour is now offered.
CEO Matěj Žák’s Remarks
Matěj Žák, Trezor’s Chief Executive Officer, highlighted the significance of the new device, saying, “Many crypto enthusiasts lack trust in exchanges and are looking for a secure way to manage their digital assets. We saw an opportunity to bring something new to the sector with the Trezor Safe 5.”
Launch at BTC Prague 2024
Žák officially launched the device at BTC Prague 2024, where he also introduced Trezor Expert. This service offers personalized, one-on-one online onboarding sessions to help new users set up their hardware wallets. The service aims to build user confidence in self-custody by addressing concerns about potential errors and providing essential knowledge for protecting digital assets.
Features of Trezor Expert Service
The service includes step-by-step guidance on best practices and ensures users understand basic security concepts. Available seven days a week, this service allows users to book sessions at their convenience. The interactive nature of the sessions encourages participants to engage with specialists, ask questions, and fully benefit from the guidance provided. Importantly, the service ensures that only the customer knows their wallet backup and other sensitive information.
Pricing and Availability
The device is available for preorder at a retail price of $169. The Bitcoin-only and Black Graphite versions will ship at the beginning of July. The Green Beryl and Violet Ore versions will be available by mid-August. Trezor Expert can be purchased through the Trezor e-shop for $99.
Conclusion
In summary, the device represents a significant advancement in the secure management of digital assets. This combines enhanced security features with a user-friendly interface. The addition of Trezor Expert provides valuable support for new users. This is done by ensuring a smooth and confident transition to using hardware wallets for self-custody.
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