Trezor

What is trezor ?

Trezor is a hardware wallet for securely store cryptocurrencies. It’s simply USB connectable and allow to receive, store and send bitcoin, ethurum, ethurum classic, Zcash, Litecoin, Namecoin, dogecoin, dash and bitcoin testnet.

Trezor
Trezor hardware wallet

 

Basic Technical Details

  • CPU – 120 MHz embedded ARM processor
  • Screen – Bright OLED – 128 x 64 Pixels
  • Size and weight – 60mm x 30mm x 6mm / 12g
  • Mobile – Android

Layout and Package

Trezor is very small and handy product that can easy to use. A simple device with a small screen and have two buttons to send or disprove. This is extremely portable and can be installed any computer or laptop with the USB port or any smartphone by using and OTG cable or adaptor. This comes in two different colours. They are black and white. The package includes trezor itself, a short USB cable and instruction paper.

Trezor
Trezor package

 

Set up and use

Simply plug trezor into the computer and it will direct to their website immediately and then you have to download chrome extension. After complete this session, it will appear 24 randomize words on your trezor screen. This is very important and you have to write these 24 words on somewhere and keep them securely. This will work as recovery key of your funds. If your trezor ever get lost or stolen you will need this 24 words for recovery your funds. After done this process now you can access to your wallet through the dashboard of the website. Now on your dashboard, you can see your public key. You can use this public key to transfer cryptocurrencies from your other wallets and give this public key to peoples receive cryptocurrencies. Once you received cryptocurrencies you can unplug trezor and now your cryptocurrencies are 100% safe and secure.

Trezor
Trezor wallet

 

Security

The first thing your Trezor comes in a very tightly sealed box that’s filled in tight plastic. When you plug this device into your computer very first time it just directs to their website and erases every data on your device and immediate download the latest security firmware. And the most important thing is when you try to send money from your device to other address you can verify transaction from your trezor screen. If your computer gets affected virus or malware attack it’s easy to change address without you knowing. This is the most important feature of this device you can identify address is correct from the device screen.

And also every time you plug in your Trezor to the computer you have to enter four to nine digit pin code to access to your cryptocurrencies. And the last thing about this device security. This only has USB connectivity. There is no Bluetooth, Wifi or NFC.

I think people have two major problems to solve before purchase this hardware wallet.

  1. Whatever happens, my trezor get lost or stolen? Do I lose my cryptocurrencies? No never, you can recover your funds easily from 24 words seed when you get that installing device first time.
  2. What happens If ever trazor company go out from the business or shut down the website? Nothing happens you hold the private key of the trazor and you able to restore your cryptocurrencies with 24 words seed.
Trezor
Trezor wallet

Compatible wallet 

Trezor is compatible with few other software wallets also.
  • Desktop wallets – Electrum, MultiBit HD, and Green address
  • Android wallets – Greenbits and Mycelium

Pricing –  €89

It cost per one $99 and have a discount for three. It cost  $276. Click here to buy.

 

 

News Reporter

7 thoughts on “Trezor

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