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".
Design
9.5
Support & Reputation
9.5
Usability
9
Coin Support
9.5
PROS:
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
CONS:
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
Design Specification
Battery life
No onboard battery, requires external power source
Screen size
240x240 px
Size
64 x 39 x 10mm
Touchscreen
Yes
USB connector
USB-C
Weight
22g
Software
Connectivity
USB
Desktop Software
Yes
Functions
Receive, Send, Store, Trade
Open source
Yes
Supported Operating System
Android, iOS, Linux, Mac OS, Windows
Features
Compatibility with external wallets
23
No. Supported Currencies
1600+ cryptocurrencies and tokens
Security
2FA Two-factor Authentification
Yes
Anonymity
Yes
Backup type
24-word Recovery Phrase
Multi signature
Yes
Pin code
Yes
Own your own private keys
Yes
Previously suffered security breach
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.
Pricing and Payment
Bank transfer
No
Cryptocurrency
Yes
Debit or credit card
Yes
Paypal
No
Company info
Established
2012
Full company name
Satoshi Labs
Registered in
Czech Republic
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