Trezor, a leading manufacturer of cryptocurrency hardware wallets, has launched its latest flagship product: the Trezor Safe 5. This new version offers enhanced security features and an improved user experience and introduces a surprising option: a version that supports Bitcoin only. Let’s look at the features of Trezor Safe 5 and explore the impact of this Bitcoin-only option.
What is Trezor Safe 5?
The launch of Trezor Safe represents the latest innovation in digital asset security and usability. Compared to previous models, it includes several key improvements. The device has a larger colour touchscreen, making navigation and operation easier. Additionally, the tactile feedback feature provides physical confirmation of user actions, adding an extra layer of security. The device’s core is an EAL 6+ certified Secure Element (SE), a robust security standard against physical tampering and advanced hacking attempts.
The new version of the wallet promises enhanced protection against threats and simplifies the user experience, especially for those new to cryptocurrencies.
The development of Trezor Safe 5 focuses on two main objectives: providing maximum security for cryptocurrency storage and offering a simple, intuitive onboarding process for new users. The Trezor Safe 5 is now available for pre-order at a retail price of $169.
Security Enhancements and Advanced Features
Trezor Safe 5 has enhanced security features to protect users’ digital assets from online threats. One key feature is the upgraded security chip, which offers advanced protection against physical and digital hacking attempts.
Additionally, the device now supports multi-factor authentication (MFA), adding an extra layer of security to the login process. The Safe 5 also supports enhanced backup and recovery systems, ensuring users can recover their assets even if the device is lost or damaged.
Ease of Use and Trezor Expert
With Trezor Safe 5, the company officially launched Trezor Expert, a personalized integration service. This service offers tailored assistance, guiding users through the initial setup process, including generating and securely storing their recovery phrases.
Matej Zak, CEO of Trezor, explained, “Trezor Expert not only helps our customers properly configure their hardware wallets, but also gives them the opportunity to delve deeper into self-custody security considerations, covering topics like private key management and secure online practices.”
CipherBC is also developing its hardware wallet product, which promises to use the latest and most secure technologies. Stay tuned for more updates.