KeepKey and Trezor: Bitcoin Wallets in Your Pocket

In the summer of 2014, SatoshiLabs released Trezor. It is the world's first hardware wallet, claiming to be an unprecedented "cold storage" that can protect all your private keys offline. This is a great innovation in the protection of private space. In September this year, KeepKey released its own wallet. Some people say it is just an expensive copy of Trezor. Is it true?

CoinTelegraph conducted a study on the main features of these two wallets to help readers make a better choice.

Trezor: The Oldest and Most Secure Hardware Wallet?

Looking back at 2014, this was a revolutionary solution that allowed you to store all your important data offline, making it impossible or almost impossible for others to steal it. The publisher claimed:

“Since Trezor was released, it has never been hacked.”

In fact, if the wallet is not connected to the Internet, it cannot be stolen by malware. That is, when making transactions, your data will never leave your wallet. It is compatible with many electronic wallets and electronic currencies, and your choice is not limited to Bitcoin. And it is also compatible with Windows, OSX, Linux, Chrome OS and Android, so you should have no problem using it on your devices. In addition, it is designed for ordinary computer users, so you don’t need to be a computer expert to use Trezor.

Perhaps, ease of use is the most important feature of any device. The device itself may be very secure and very advanced, but if it is not easy to use, then people will choose something more convenient and easier to understand. It is a very boring thing to have a thing but not know how to use it.

Trezor is definitely not one of those software. Its user interface is so user-friendly that even a complete internet novice can figure out how to use it. Perhaps that’s why it’s so popular among Bitcoin users. Alena Vranova, co-founder and CEO of SatoshiLabs, told CoinTelegraph:

“Trezor is a leading innovator in this space. While we invented the concept of hardware wallets, we also facilitated the development of some of the standards that currently apply to Bitcoin (such as BIP39, which was used to create the vocabulary for resets).

Since the release of Trezor, the number of countries using Trezor has grown to about 100, Copay has a good signing wallet that supports Trezor, we introduced SSH to allow Trezor to log in as a system administrator, and we will also release a WordPress plugin for website management.

KeepKey: A hardware wallet with good looks and touch?

The first thing that strikes you about the KeepKey is how stylish and trendy it looks. It really looks great! Not only that, it also has a larger screen that is more comfortable to use than previous similar products. You can verify transaction data more easily on the larger screen and it is less likely to make mistakes.

KeepKey is also easy to use and secure. In addition, the developers said they created a unique recovery mechanism that is even more secure than Trezor’s recovery mechanism. Founder Darin Stanchfield told CoinTelegraph:

“KeepKey uses a unique recovery mechanism that is more secure than Trezor’s. This mechanism allows me to recover with only 12 words (Trezor requires 24 words due to information leakage). The additional security mechanism means that users do not need to store private keys on the device. They can recover their private keys and transactions, and then erase the records on the device. This is the most secure way to store Bitcoin currently, and our competitors do not have this technology.”

That sounds great, doesn’t it? It looks like you’re getting a technically mature Bitcoin wallet. Its developers are continuing to work on making the already good KeppKey even better. They now offer hardware optimization services that will extend the life of the device’s flash memory. Darin Stanchfield added:

“The current lifespan of KeepKey is three times that of Trezor. After we upgrade the firmware in the transmission channel, it will be 250 times the lifespan of Trezor.”

A pioneer or a tryer?

As far as we know, there are many hardware wallets on the market, such as Ledger, Case, Hardbit, etc. Most of them can protect our Bitcoins very well. Their reliability and security are similar. Therefore, it is entirely up to you which one to use.

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Original article: http://cointelegraph.com/news/115772/keepkey-and-trezor-bitcoin-vaults-in-your-pocket
By Lana Smiley
Translator: Wang Er
BTC address: 16enj2bapYdzPfa2DWSVaT1g95MCXg2hHt
Editor: printemps
Source (translation): Babbitt Information (http://www.8btc.com/keepkey-trezor)