Trezor Wallet Hardware Sells Hard, Physical Crypto Wallet Sales Increase 900 Percent

JAKARTA The leading crypto storage device provider, Terzor, announced that its hardware wallet sales had increased by 900 percent in recent weeks. Trezor's increased sales came after its competitor, Ledger, announced a controversial feature related to Ledger's password recovery.

For information, hardware wallets are similar hardware flashdisks used to store cryptocurrencies. This is different from digital crypto wallets in the form of applications. Hardware wallets cannot connect with the internet so they can reduce the risk of hacking. It is also stronger and fire-resistant. Trezor and Ledger are two big names as hardware wallet manufacturers.

Trezor's post on its official blog shows a significant spike in sales of their devices. As a crypto storage device company, Trezor emphasizes the security and safety of users' digital assets by involving an independent technical audit in the process. So that a codeword in the form of a seed phase cannot be extracted by developers.

This is different from Ledger's negative response from consumers after the announcement of the Ledger Recover feature. This feature can extract passwords online even though the use of the Ledger Recover feature is optional. In fact, this feature actually triggers concerns among its users.

Knowing the doubts of its consumers, Ledger decided to stop the Ledger Recover feature. Ledger is committed to increasing its consumer transparency and security through the company's roadmap.

Launching Cryptoslate, security firm Unciphered claims to have found a way to hack Trezor T's hardware wallet, which raises concerns over Trezor's level of security. However, Trezor's CTO, Tom Marijuana Sumenchaska, explains that the vulnerability of this RDP downgrade attack requires the theft of physical equipment and advanced technology and equipment. Trezor continues to provide additional security layers through the use of strong passwords, which makes the RDP's decline ineffective.

In the face of this vulnerability, Trezor has taken significant steps by developing auditable and transparent security elements through Tropic Square, his partner company. This demonstrates Trezor's commitment to ensuring the security and trust of users in using their hardware wallet services.