Trezor Model T Update Adds 10 New Coins Including XRP, XLM, ADA, XMR


Trezor, one of the top cryptocurrency hardware wallets has updated its Trezor Model T wallet in a move that sees it now support a range of altcoins, including big names like Ripple (XRP), Stellar (XLM), Cardano (ADA), and Monero (XMR), among others.

Trezor’s firmware update comes only days after the wallet maker announced that its users could make direct exchanges via its interface.

The series of new coins supported comes after a switch in the business logic code to Python, one that many more developers are familiar with.

Trezor Model T Supports 10 More Altcoins

According to an official statement published on the company’s blog, Trezor Model T’s new firmware update allows the popular wallet to support up to 10 different cryptocurrencies.

Including the three mentioned above, the update now makes it possible to securely store crypto assets like:

  1. Ripple (XRP)
  2. Stellar (XLM)
  3. Monero (XMR)
  4. Cardano (ADA)
  5. Tezos (XTZ)
  6. Decred (DCR)
  7. Lisk (LSK)
  8. GroestlCoin (GRS)
  9. Zencash (ZEN)
  10. Zcash (ZEC) Sapling hardfork support

With this development, developer teams can now look to create third-party integrations for some of the supported coins.

Satoshi Labs CTO Pavol Rusnak noted that “nothing” prevented the developers from implementing the integrations with their respective GUI wallets, seemingly lauding those that teams that had already taken steps to do so.

Accordingly, as the various third-party teams work on integrating the new code, Satoshi Labs will initiate reviews, tests, and optimizations of the code.

The firm also revealed that redesigning the Trezor Model T, meant building a lot of it “completely from scratch,” an indication that innovation in the crypto industry is ongoing despite the bearish market.

According to Rusnak, one change involved having the wallet’s “business logic code written in Python,” instead of going with the embedded C as most developers find the former to be a lot easier to work with.

The CTO also noted that the update to the wallet had received substantial support from the community, adding that:

“There is no better proof that this was a great decision than looking at the massive community contributions that have landed into the latest Trezor Model T firmware.”

Trezor One adds support for WEBUSB

Trezor One is the firm’s original hardware wallet, and the firmware update introducing version 1.7.1 also sees it expand to take allow support for two new coins in Lisk and Stellar.

However, the outstanding feature is its support for WebUSB functionality that works with Trezor Wallet as well as Trezor Password Manager (TPM).

With the new firmware, Google Chrome users are now able to connect to both their Trezor Wallet and the TPM without having to utilize the Trezor Bridge.

Additionally, a user with access to the right cable will find it easy to use Trezor One alongside their Android devices or Chromebook.

At the same time, Satoshi Labs announced that Digibyte was now fully supported on the Trezor wallet. Users will not be required to “manually” access the DGB backend server to get Trezor Wallet support; instead, they can do so via the wallet’s drop-down menu.

The Trezor wallet team has said that the platform supports the Bitcoin ABC chain in the upcoming November 15, 2018, Bitcoin Cash hard fork. However, they have urged its users to be cautious, including not transacting immediately before or after the event.

The advisory posted on the firm’s blog says that there is no replay protection, although users will get coins on both chains in case of a split.

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