TREZOR Review – Is Your Bitcoin Safe?

btcupload (49)in #bitcoin • 8 years ago (edited)

TREZOR is a single purpose device which allows you to make secure Bitcoin transactions. With TREZOR, transactions are completely safe even when initiated on a compromised or vulnerable computer. Because the use of TREZOR is very easy and intuitive we believe it will help Bitcoin adoption among people not familiar with the security issues. At this moment it is Bitcoin, Litecoin, Namecoin, Dogecoin, Dash and Testnet are supported with Trezor. When you store your Bitcoins in a traditional web wallet you put your Bitcoins at risk of being stolen, lost, or confiscated. Here is a list of ways people have lost their Bitcoins through use of a traditional web wallet:

User’s computer is hacked and web wallet password is stolen

Web wallet server gets hacked and bitcoins are stolen

Web wallet company goes bankrupt

FBI or other enforcement agency confiscates coins

Web wallet provider points to ToS violation and takes coins

Owners of web wallet company run away with coins

Bug in web wallet software leads to loss of coins

Your computer or cell phone is stolen while you are logged in and thieves then steal your coins

If you keep your Bitcoins in a TREZOR, none of these things can happen.

TREZOR BRINGS PEACE OF MIND

Why Chose Trezor to store your Cryptocurrency?

Ultimate security

No matter how unprotected your computer or internet connection might be, your coins always stay safe with TREZOR as it never exposes your private keys. TREZOR is an isolated environment for offline transaction signing and using a small display you can visually verify the transaction contents. That’s why all operations using TREZOR are entirely safe.

Easy to use

TREZOR is Windows, OS X and Linux friendly. All you need to do is to connect your TREZOR to the computer and follow the instructions. There are only two buttons, to confirm or to deny the action, so using TREZOR is as easy and as intuitive as it can be. Users can backup the whole TREZOR contents on a small piece of paper and use this backup to regain access to all their coins in case of disaster, loss or theft.

Modern cryptography

TREZOR uses state of the art cryptographic algorithms and practices, but you don’t have to read long manuals or to be a crypto-expert in order to use them properly.

Community driven open-source

TREZOR code is open-source and technical decisions are discussed with the wider developer community. Everything can be audited by an independent third party. This ensures that TREZOR is absolutely transparent and backdoor free.