Why Consider a Trezor Wallet?
Are you a hardcore crypto believer or a greenhorn getting your feet wet in Web3? Regardless of what stage you are on your blockchain journey, sooner or later you'll create and receive value in the form of cryptocurrency. When you do, you'll need a wallet to store them, and Trezor is an option.
In this article, we'll examine three reasons to go for the Trezor Wallet.
• User experience
When it comes to security, there are no 100% guarantees, but the Trezor team pushes the boundaries towards perfection with the procedures and features they have in place to protect the assets of their customers.
One feature that comes to mind would be the capability of on-device interactions like passphrase and PIN. With the Trezor Model T's touchscreen display, the above on-device interactions increase the security of your assets when your wallet is connected to another device. It's got great cryptography courtesy of features such as SLIP-39 Shamir on the Model T and BIP-39 passphrase.
You can always go one step further in securing your crypto assets with Trezor wallets. It's one thing to have the technical ability to wade off hackers, but what if you hide your stash so they don't even know what to look for?
Switching to a Tor browser for your Trezor wallet can protect two vital pieces of data about you. They're your IP address and extended public key (xpub). Your IP address reveals your ISP and country, while your xpub data shows how many coins are stored in your wallet. If hackers get their hands on such an IP address, they'll try to find funds associated with it.
And no one wants criminals selling such information on the black market or going for your physical address. Using a Tor browser severs the public link with your Trezor xpub so that even if the Trezor database is hacked, they won't get to your IP address.
With Trezor, you get seamless onboarding regardless of your experience with Web3. Once you get your hardware, Model T or Trezor One, download the Trezor suite and install it. In just a few minutes, you'll be through with the entire setup.
Onboarding aside, your day-to-day use of your Trezor wallet is made easy with the touchscreen display. It's an OLED display with 128×64 pixels for the Trezor One and a 240×240 pixel LCD for the Trezor Model T.
Regardless of your choice, the displays are easy to read and interact with because they emit vibrant colors and show legible text. Despite the small screens, accessing information through clicking and reading is near error-free.
With the recent events unfolding in the crypto industry, it's important to have a secure place to keep your cryptocurrencies. All that chaos with crypto platforms like the liquidity crunch at FTX and, formerly, hardcore Dogecoin speculators suing Elon Musk lends credit to the skepticism of Bill Gates.
Author: Makuo Jinanwa
Makuo is a content creator who tries to understand the world around him. Through books, interviews and other interactions, he engages with topics of interest to expand his awareness. Here he writes about blockchain technology. On his personal blog he explores more topics.