Specifications of Trezor One

Built-in component

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• Trezor One
• USB-A to Micro-USB cable
• 3 backup record pages
• Stickers
• Instruction manual
• Trezor logo lanyard

Trezor One Overview

Trezor One developed by SatoshiLabs lays the foundation for the booming hardware wallet field. It came out in 2014, and while more advanced alternatives have since emerged, its original cryptocurrency custody solution is still widely used today.

For users who want to balance security and user experience, Trezor One has significant advantages: it is compact and compatible with multiple systems such as desktops, browsers, and mobile wallets. The function is stable and reliable, suitable for daily use.

Trezor One’s web interface allows users to manage, send and receive thousands of currencies and tokens, as well as log in and verify information. It does not yet support multi-signature and native Segregated Witness (SegWit) for Bitcoin transactions, but these limitations can be bypassed by using Electrum.

When the wallet is connected to other devices, users must enter a PIN code to unlock it. The password numbers are projected onto the Trezor's grid but will not appear on the other device's screen. The device must be used in conjunction with a Trezor One for users to enter a PIN. Even if the computer is compromised, the above mechanism can prevent information from being leaked through the wallet.

Trezor One relies on other devices to operate. It will automatically generate a 24-digit mnemonic phrase, effectively improving security. However, the mnemonic length can be changed.

Another highlight of Trezor One is that it can be used as a password manager.

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Pros and cons of Trezor One

Pros

• Store more than 1,000 assets
• Abundant online documentation resources
• Reasonable prices
• Open source firmware

Disadvantages

• Slim feel
• Small screen

Trezor One pricing

In February 2020, the price of Trezor One was $55.

It is recommended that you purchase the device directly from the supplier or official dealer. Purchasing a second-hand hardware wallet carries the risk of private key leakage.

Summary

Although it is only more than six years old, Trezor One has been in the field of cryptocurrency since its early stages of development. The field occupies an important position. Although it lacks some features of the second-generation hardware wallet, the existing features are good enough.

SatoshiLabs has performed well in the field of hardware wallets. Its products are priced at an affordable price and are among the cheapest products in the market. Trezor One has launched a variety of materials and documents that both beginners and experienced users of cryptocurrency can navigate with ease.