TREZOR Announces Major Update, Adds New Coins – What You Need to Know
Satoshi Labs’ TREZOR, the number 1 Bitcoin and crypto wallet manufacturer released a major update on Monday, June 25. Here’s the rundown.
New coins supported!
TREZOR announced that it has added Lisk (LSK), Bitcoin Private (BTCP), Fujicoin (FJC), Groestlcoin (GRS), Vertcoin (VTC), Viacoin (VIA), Dogecoin and Zcoin (XZC) to its firmware.
In the blog post, the company said:
These coins were added into the device firmware and will be gradually surfacing in Trezor Wallet as well. They can be accessed via third-party applications like Electrum. Vertcoin is available in Trezor Wallet.”
The Bitcoin and crypto wallet maker will also be EOS Classic, Ethereum Social, Ellaism, Callisto, EtherGem, Wanchain.
The company will also be adding support for over 500 ERC20 tokens (Ethereum-issued).
“These coins and tokens are generally accessible from third-party applications, developed by the coin developers, or MyEtherWallet/MyCrypto. They are not accessible from Trezor Wallet yet, but we are working on our own Ethereum wallet.”
Zcash overwinter support
At block heigh 347,500, the Zachas Overwinter update will go live. TREZOR users will need to update their device to send coins after the upgrade goes live.
NEM (XEM) support
Through the TREZOR API, users can access the coins on the universal NanoWallet. This process is quite simple according to the TREZOR team.
“The process is seamless, and the application will navigate you through the process.”
Bitcoin Cash (BCH) address update
In order to access your BCH on your TREZOR, you will need to update your wallet.
The BCH team recently changed their address format and TREZOR will exclusively use the new format going forward.
Not to worry, your old addresses will still work perfectly fine.
The Company noted:
“You can notice the new addresses easily; they start with q or p. Your Trezor device will not display the bitcoincash: prefix due to length constraints. If required, you will need to attach the prefix to the address generated by your Trezor device.”
The firmware included some security improvement, although the Company did not provide much detail.
The security update efforts were attributed to J. Hoenicke and C. Reitter.