TREZOR: Difference between revisions
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== How does it work? == | == How does it work? == | ||
[[File:Trezor_White_Cafe_Polis.JPG|300px|thumb|right|Be Your Own Bank with TREZOR]] | |||
TREZOR is basically a small computer. It is designed to protect your private keys from possible online and offline risks. In order to do this, TREZOR keeps the private keys away from the Internet and confirms the transactions in-device. That way you can always check the screen for the right address, amount and transaction fee before sending your bitcoins. | TREZOR is basically a small computer. It is designed to protect your private keys from possible online and offline risks. In order to do this, TREZOR keeps the private keys away from the Internet and confirms the transactions in-device. That way you can always check the screen for the right address, amount and transaction fee before sending your bitcoins. | ||
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=== Receiving address phishing protection === | === Receiving address phishing protection === | ||
[[File:Checkaddress_comp.png|300px|thumb|right|Show on TREZOR]] | |||
[[File:Checkaddress_comp2.png|300px|thumb|right|Show on TREZOR]] | |||
Make sure that the receiving address you have provided to someone else has not been changed by infected computer. Feature "Show on TREZOR" has been developed exactly for this purpose: | Make sure that the receiving address you have provided to someone else has not been changed by infected computer. Feature "Show on TREZOR" has been developed exactly for this purpose: | ||
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* [http://doc.satoshilabs.com/trezor-user/messages.html Sign & verify messages] | * [http://doc.satoshilabs.com/trezor-user/messages.html Sign & verify messages] | ||
[[File:Trezor_verify_message.png|300px|thumb|right|Verified message]] | |||
=== Backup and recovery === | === Backup and recovery === | ||
Revision as of 15:15, 29 April 2015
TREZOR is a hardware wallet providing security for your bitcoins by virtue of its design while retaining convenience of use. No matter whether you're a beginner or a security-paranoid geek.
Unlike a cold storage (offline storage or paper wallet), TREZOR is also able to send bitcoins in a secure way. Without the need to expose your private keys to a potentially compromised computer.
More on the security principles here:
How does it work?
TREZOR is basically a small computer. It is designed to protect your private keys from possible online and offline risks. In order to do this, TREZOR keeps the private keys away from the Internet and confirms the transactions in-device. That way you can always check the screen for the right address, amount and transaction fee before sending your bitcoins.
In layman's terms you can connect TREZOR to an infected computer and still be able to have 100% control over the funds in your device.
Read more on difference between TREZOR and other solutions:
Find out how exactly is TREZOR designed to provide excellent security
Do you want to know how will TREZOR protect you against various attack types and what to do in dangerous situations?
Using TREZOR
TREZOR needs an online wallet or other client as a user interface. To ensure validity of communication between the device and the interface TREZOR uses pin scrambling matrix. See more here.
Sending transactions
Have a look how easy and comfortable it is to send transactions:
Receiving address phishing protection
Make sure that the receiving address you have provided to someone else has not been changed by infected computer. Feature "Show on TREZOR" has been developed exactly for this purpose:
Sign & Verify messages
It is also possible to sign and verify messages using TREZOR:
Backup and recovery
Upon first activation you are asked to write down the seed phrase.
This means that in case your TREZOR is lost or stolen you can easily retrieve your coins to another TREZOR or any recovery seed compatible wallet.
Advanced Settings
You can further improve the security (except the totally new way of entering PIN - see above) by using passphrase encrypted seeds and multiple passphrases to create so called "Hidden Wallets". More details here:
How do I get TREZOR?
Please read the following article about how and where to get your TREZOR