The Trezor Model T is the upgraded variant of the One, featuring a number of improvements whilst remaining completely open-source. The display is now a full colour touchscreen, with users able to enter their PIN/Passphase and enter device recovery directly from the device. It also supports approx. 600 more cryptocurrency assets than the One, for a total of 1649. Worth noting is the exclusion of a battery, which is noted to reduce overall lifespan of the wallet. Instead, users must power their hardware wallet by an external power source.
Security is clearly a priority, utilising 2FA, U2F, FIDO2 authentication, alongside GPG encryption. Whilst the password manager remains as encrypted storage on the cloud, the Model T also aims to implement an additional microSD card soon. Although there is no live support chat, their email response time is fair, with a detailed FAQ covering many topics. Trezor maintain a high level of transparency and undergo auditing by security researches; stated as having "nothing to hide from you and follow the open-source ethos".
- Easy to use
- Fully open-source
- Full colour touchscreen
- Longer lifespan than competitors
- Abides by many security standards
- Company audited by security researchers
- Easily back up entire wallet via recovery seed
- Supports approx. 1649 cryptocurrencies and tokens
- Password manager on encrypted cloud and microSD
- PIN/Passphase entry and recovery directly from device
- Device requires physical confirmation to sign transactions
- No internal power supply
- No live support, email/FAQ only
- More expensive than other hardware wallets
- Security flaws were exploited by Kraken Security Labs on older devices with physical attacks, but this was only for devices without passphrases and has since been fixed. More can be found on their blog post: https://blog.trezor.io/our-response-to-the-read-protection-downgrade-attack-28d23f8949c6.
- No bank transfer or PayPal payment support
Specification: Trezor Model T
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