Trezor CEO cites usability as top factor for hardware wallet: BTC Prague 2023

Amid the expanding trend toward self-custody, h

While focusing on usability and education, Trezor doesn’t plan to introduce any new built-in features to help users recover their private keys, though.

According to the CEO, Trezor has done everything possible to help its customers secure their seed phrase. Zak mentioned implementations like the Shamir backup, which is often used to distribute the private key phrase among different locations. Introduced by Trezor in 2019, the Shamir backup is designed to keep user’s Bitcoin safe from theft or accidents.

“There’s nothing we could improve on in this regard because the usability is good,” Trezor CEO said.

The remarks from Trezor ‘s CEO come a few weeks after rival hardware wallet supplier Ledger teased a new tool allowing users to recover their private keys. Following criticism from the crypto community, Ledger later postponed the launch of Ledger Recover, with Ledger CEO Pascal Gauthier claiming that it was a “humbling experience” and the result of miscommunication.

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