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| − | [https://bitcointrezor.com BitcoinTrezor.com] | + | #REDIRECT [[Trezor]] |
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| − | [[File:Trezor-tx.jpg|300px|thumb|right|Confirming transaction with TREZOR]] | |
| − | '''TREZOR is a hardware wallet providing the highest level of security and convenience for a common computer user.'''
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| − | Unlike a cold storage (offline storage or paper wallet), TREZOR is also able to sign transactions. That means spending bitcoins is secure without exposing your private keys to a potentially compromised computer.
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| − | == TREZOR Hardware Design ==
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| − | TREZOR is a small USB device with a display and two buttons.
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| − | It connects to a computer via a USB via protocol that allows only to send a transaction template to the device and protects the wallet against malware.
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| − | The display allows the user to visually verify the payment address and the amount to be sent. In order to proceed the transaction, a physical human interaction (pressing the button) is required.
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| − | == TREZOR Software Design & Security ==
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| − | === Backup ===
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| − | TREZOR uses hierarchical deterministic wallet creation ([[BIP 0032]]) which makes regular backups of private keys unnecessary.
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| − | When first initialized, a mnemonic code of 24 words, the recovery seed, is created. In case the device gets lost or stolen, the user can recover the entire holdings including transaction history into a new device or other compatible wallet, using the recovery seed.
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| − | === PIN protection ===
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| − | A PIN is set by the user during the setup. It protects TREZOR against being used by unauthorized persons. The wallet creators have invented a secure way of entering the PIN that can't be logged and misused.
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| − | === Passphrase encryption ===
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| − | Another level of protection is the encryption passphrase which protects the device in case of seizure. Multiple passphrases can be used for plausible deniability.
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| − | == Using TREZOR ==
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| − | TREZOR needs an online wallet or a desktop client as an interface that broadcasts the transactions signed by the device to the blockchain.
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| − | In order to send coins or change the basic settings, the device needs to be connected to a computer with a micro USB cable.
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| − | In order to receive coins there is no need to have the device plugged in.
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| − | ===Compatible software===
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| − | In order to be compatible with TREZOR a software must implement the following standards: [[BIP 0032]], [[BIP 0039]] and [[BIP 0044]]
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| − | * [https://mytrezor.com myTREZOR Web Wallet]
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| − | * [https://play.google.com/store/apps/details?id=com.bonsai.wallet32 Wallet32 for Android]
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| − | == Resources ==
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| − | * [http://doc.satoshilabs.com/ TREZOR Manual]
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| − | * [http://bitcointrezor.com TREZOR Website]
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| − | * [https://buytrezor.com E-shop BuyTrezor.com]
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| − | * [https://mytrezor.com myTREZOR Web Wallet]
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| − | [[Category:Security]]
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| − | [[Category:Wallets]]
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| − | [[Category:Hardware]]
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