Bitcoin ‘Vault’ Trezor Lives Up to its Name

Although most bitcoin users rely on freely-available web and mobile wallets, recent security scares clearly illustrate the need for safer alternatives. Here, we take a closer look at one device designed to address the problem. The Trezor hardware wallet is targeted at bitcoiners who wish to maintain a substantial stash of coins, but do not want to rely on third-party bitcoin storage services or impractical forms of cold storage. Developed by Czech startup SatoshiLabs, the $99 device is essentially a USB dongle designed to add an extra authentication layer to…

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