Crypto hardware wallet manufacturer Trezor unveiled three new products on June 14th. These are designed to promote self-custody of digital assets by individuals.
Key features of this offering include a larger color touchscreen with haptic feedback, a new secure element chip for protecting sensitive data and cryptographic operations, and a 20-word seed backup process. As the name suggests, the Bitcoin-only version option removes non-Bitcoin features and code and solely focuses on a Bitcoin-only experience. Going forward, the company will be offering an unlimited edition of the Bitcoin-only Trezor Safe 3 and Trezor Safe 5 wallets available for general sale by the public.
Notably, Trezor devices use open-source code, which allows the community to audit and identify bugs and vulnerabilities. However, this openness could potentially make stolen devices easier to crack. Keeping this in mind, the Trezor Safe 5 has an EAL 6+ certification and extensive testing to confirm its ability to withstand sophisticated attacks.