This review and guide will cover Satoshi Labs's all-new Trezor Model T hardware wallet. There are many types of cryptocurrency wallets, ranging from those found on mobile phones, desktop computers, and the internet. However, it's well-known that the absolute most secure type is a hardware wallet, and Trezor is one of the most trusted manufacturers of these.
The main selling point of the Model T is its large and vivid touchscreen. Satoshi Labs was able to implement a convenient and useful touchscreen while still providing even more security benefits for the user.
Trezor's touchscreen allows you to operate with the wallet interface without pressing clunky buttons. For example, you can enter in your PIN code through the touchscreen itself. You can also view coin balances and do much more straight from the hardware.
The Satoshi Labs team also rewrote the code from the ground up with the same security principles in order to accommodate for the all-new touchscreen.
Trezor T has improved security compared to previous wallets, as all pin entry is done directly on the hardware device itself.
However, I have found that it's easier for people to physically see your PIN if you type it on a touchscreen, so make sure to cover up your Trezor while typing or ensure that no eyes are behind you.
Another thing to notice is that Trezor automatically changes the order of the numbers when you're typing in your PIN, forcing you to really look and figure out what you're pressing.
The purpose of this is to make sure your fingerprints (finger oils) don't touch the same places on your Trezor over and over again, as this might help a hacker figure out your PIN. It's clear that Satoshi Labs has thought of almost everything.
When you first plug in your Trezor into your computer, Model T starts drawing power from your computer and doesn't transfer any data at all. Only when you enter your PIN does Trezor begin communicating with your computer. This leaves nothing to chance and provides optimal security for your wallet.
As usual, Trezor has built-in methods to recover your cryptocurrency in case you lose your Trezor. When you first setup Trezor T, you'll be asked to write down a 12-word recovery phrase on a secure pad of paper provided in the box.
You should safeguard this recovery sheet somewhere extremely secure, and should you lose your Trezor, you can easily use the sheet to get back into your account and recover all of your cryptocurrency.
The Trezor Model T is an exemplary cryptocurrency wallet for security, simplicity, and peace of mind. It's a bit expensive right now at €139 ($162) excluding shipping, though prices will rise soon to €149 ($174), but if you have the money (possibly from gains made off trading crypto!) I highly recommend looking into it.
Thanks for reading,
— @mooncryption