October 11, 2018 by Paul de Havilland
The Trezor One hardware wallet recently earned a 23 percent price drop, so we thought we’d take a look at one and see what a mere €69 buys you.
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Subscribe to the Bitsonline YouTube channel for great videos featuring industry insiders & expertsSatoshiLabs Announces a New Era for the Trezor One
The Trezor One hardware wallet has been around since 2013, helping crypto hodlers protect their assets in a safe, offline environment. On September 21st, SatoshiLabs announced the original bitcoin hardware wallet would be discounted by 23 percent.
As part of a celebration of their five-year anniversary and as a way to market the trailblazing wallet to newcomers to cryptocurrency, Trezor One’s price drop marks a new era for the company; now offering a premium model, the recently released Trezor T, and the Trezor One. Let’s look at the Trezor One.Designed for Simplicity, Priced for Newcomers–Hats Off to Slush and Stick
The Trezor One hardware wallet was built with security in mind. Keep your private keys in an offline environment, and your coins can’t get stolen. The Prague-based SatoshiLabs’ original wallet has both CE and RoHS-certified safety certifications, and a 120MHz embedded ARM Cortex M3 processor inside.
Its most prominent feature is its simplicity of use. With a display large enough to hold six lines of text–enough to include all the information you’d need to verify a transaction–it is operated by two buttons.
The Trezor One hardware wallet supports more than 500 coins, notably bitcoin, litecoin, Ethereum, Dash, Zcash, NEM, and all ERC20 tokens. It also supports bitcoin cash, a technical challenge for the company in itself. Unlike the Ledger, Trezor can accommodate as many coins as you want at the same time, without the need to remove and...