When Bitcoin started growing more popular, security became a concern. While the
value was low, few people took precautions to protect their coins. SatoshiLabs created
the Trezor hardware wallet to make sure that everyone was able to hold on to their coins
safely without falling victim to the growing number of hacks and scams present in the
A hardware wallet does not hold Bitcoin or any other cryptocurrency, those always remain on the network. Rather, it stores the private key that gives access to those coins. That means a Trezor can be used for other kinds of authentication as well as for crypto.
While banks might be secured only by passwords, they are usually insured or capable
of reversing transactions. Cryptocurrencies require greater security as transactions are
irreversible and full responsibility for managing them lies with the key owner. Trezor lets
you take full control of your keys without exposing them to leaks or hacks and reducing
the chances of a successful phishing attack.
Together with the Trezor Suite desktop and web interface, SatoshiLabs has succeeded in
creating a verifiably secure ecosystem that allows its users to not only hodl their favourite
cryptocurrencies, but also buy, sell and exchange them securely, privately and easily.
Trezor hardware wallets are used to protect your cryptocurrency private and public keys
from online and physical attacks. It is important to understand that wallets do not store
the coins themselves, but rather the keys that unlock them and allow them to be moved
to a new address.
The device stores your seed phrase in internal memory, with no way for a network to
reach it. The keys’ isolation is achieved through the strict rules of the connection which
produce a limited interface with very specific commands. When a transaction is made,
precise details of the transaction are passed to the device for signing with the keys, and
the signed transaction is sent via the host computer.
The Trezor Model One is the original hardware wallet, the first hardware wallet to be
commercially available and the basis of dozens of other manufacturers’ designs. The
Model One is all anyone needs to use cryptocurrency safely and easily. Monthly firmware
updates keep it easy to use even as its features expand, while its open-source nature
means it is supported by all the biggest exchanges and platforms.
The Trezor Model T is the most advanced hardware wallet produced by SatoshiLabs.
Its design centres around a large, full-color touchscreen, which makes it easy to review
critical transaction signing data and perform all sensitive actions offline. This touchscreen
also makes the Trezor Model T the only FIDO2 authenticator with a touchscreen,
improving security by clearly displaying credentials of the counterparty when accessing
SatoshiLabs creates advanced security tools and improvements for Bitcoin. Entirely
self-funded, it launched in 2013 to develop and produce the world's first cryptocurrency
hardware wallet, the Trezor Model One.
Open-source from day one, SatoshiLabs is community-oriented and focused on
improving cybersecurity practices while accelerating Bitcoin adoption. With an
approach to design that carefully balances security, privacy and ease-of-use, while
constantly expanding on all fronts.
The company’s flagship product, the Trezor Model T, introduced new security measures
such as its full-color touchscreen and Shamir Backup. SatoshiLabs is also the creator of
more than 22 innovative security standards like Recovery seed and Passphrase, which
have significantly improved the whole industry of online security.