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Breaking News: Expert Predicts Bitcoin Price Could Fall To $45,000 By End Of 2026
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Breaking News: Expert Predicts Bitcoin Price Could Fall To $45,000 By End Of 2026

TREZOR Announces Bitcoin Hardware Wallet Demo, Provides Product Status Update

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Last Updated: October 7, 2020 11:39 am
2 mins read

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Bitcoin TREZOR 27 FEB 14

The folks at TREZOR have come out with a small announcement and status update on their highly-anticipated hardware bitcoin wallet.

According to a post made on the company’s website, TREZOR will demo a fully-functioning unit at the Bitcoin Exchange Berlin (BXB) event taking place on March 15th (Saturday) in the German capital city (Betahaus at Prinzessinnenstraße 19-20).

The BXB event, organized by Aaron Koenig, takes place monthly. It allows individuals unfamiliar with the digital currency to meet up with seasoned users to learn about bitcoin and buy their first bits. At the event, there is generally a special presentation, and this month’s will be TREZOR.

Alena and Marek of the company will be showing off the use of the device with the recently-announced myTREZOR web wallet service.

We will show the initial setup of the device, as well as the basic operations like receiving and sending bitcoins, managing TREZOR accounts or recovering the wallet using the recovery seed. We will focus on the practical side of securing bitcoins with our device, give recommendations and best practice advise to avoid mistakes.

Following the presentation will be a Q&A session, as one would come to expect.

The company also offered a status update on production, noting that the wallet’s “software is in a pre-release stage with all core functions implemented.”

Parallel to final bug fixing we have simplified some workflows and we are preparing user guides and context help for the users. The browser plugin for Windows, Mac, Linux platforms is undergoing further tuning (USB stack is quite a challenge as said before) and we’re working closely with Bits of Proof on minor bug fixing of the BoP backend.

Unfortunately, TREZOR says they’re still trying to work out some case manufacturing issues we’ve previously reported on, adding that “this is something we can’t really influence to go faster.”

They do note, however, that they are in the process of negotiating with another manufacturer to resolve the problem.

Additional updates are forthcoming.

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