Satoshi Labs releases a new Bitcoin hardware Wallet - Trezor Model T

This week, the Czech company Satoshi Labs released a preliminary batch of Trezor 2 hardware purse called Model T. Although the Model T is a completely new device, it guarantees the same secure storage of electronic access keys as in the previous version. Satoshi Labs has opened pre-order for the first batch of hardware wallets Trezor Model T with updated functionality. One of the most noteworthy updates is the large RGB touchscreen display that uses the ARM Cortex-M4 processor. Like the first Trezor model, to perform actions related to confidential information, a new device requires the use of commands from the display.

Another novelty is that when you enter a pin code, Model T does not interact with the computer and until you confirm the input, the device simply supplies power. USB connections are possible only after authentication.

“When you first hold the Trezor model T, the first thing you will notice is the staple of the model T — its large touchscreen,” explains Satoshi Labs. “Plug your new Trezor in, and the screen will illuminate you, showing off its vibrant colors, waiting for your instructions.”  

The Trezor model T utilizes a USB-C connection, and USB communications are enabled only after authentication.

  New Firmware, USB-C Port, and MicroSD

The device is backed up with a traditional 12-word phrase which can be accessed through any compatible BIP32/39/44 HD wallet. Satoshi Labs also explains the model T will support eight cryptocurrencies and will be adding more choices in the near future. Further, developers interested in reviewing the code can check out the revisions to the Trezor Core software at the company’s Github repository. The startup says the new model also features a microSD for advanced features that will be added to the operating system.

Another change added to the Trezor model T is the USB-C connection, as opposed to the male USB Type-A plug. Satoshi Labs details it believes USB-C porting is the wave of the future and that’s why it chose to change the connection mold.

 Faith In Open-Source Code

The device costs around €139 plus DHL shipping and can be purchased with bitcoin. Satoshi Labs say an initial batch of 3000 model Ts will ship in January of 2018 and the following batch will be a touch more expensive at €149 per device. The Trezor team seems pleased with its new flagship product, and it’s newly created firmware which Satoshi Labs says is designed from scratch.  

“When we developed this new firmware, we leveraged from all the past experiences we have earned while working on different projects, including the original Trezor One,” the Satoshi Labs team emphasizes. “Continuing our tradition and faith in open-source code, Trezor Core is also open-source, available for review and adaptation.”