What is Trezor Model T?

Trezor helped create the industry standards for recovery seeds (BIP32, BIP39, BIP44, SLIP39). This means you can easily recover your entire wallet using a 12-word recovery seed if your device is lost. The Trezor Model T is the first hardware wallet in the world to implement Shamir Backup (SLIP39) for even greater security. Make it safer.

What is Trezor and how does it work?

Trezor is the product enterprise built on the work of SatoshiLabs, the inventors of pooled Bitcoin mining and the deterministic wallet generation method BIP39. Trezor’s first hardware wallet was prototyped in 2012 and their first product (the Trezor One) saw the light of day in 2014. The Model T, a higher-end device was released in 2019.

Does the Trezor Model T have Shamir's secret backups?

Adding functionality to do so exclusively with the Trezor wallet/hardware combination is currently in development. One extremely unique function that only the Model T can claim is to create Shamir’s secret backups for your wallet’s seed phrase.

Is Trezor a good cryptocurrency storage brand?

As pointed out in the introductory part of this Trezor Model T review, Trezor is one of the leading brands when it comes to secure cryptocurrency storage. The Model T just goes to prove this even further - it’s an amazing piece of hardware that provides its holder with the best crypto security features you could ask for!