Trezor® Wallet®
Trezor Wallet offers unmatched security for your cryptocurrency holdings. Take charge of your finances with confidence and peace of mind.
Last updated
Trezor Wallet offers unmatched security for your cryptocurrency holdings. Take charge of your finances with confidence and peace of mind.
Last updated
Trezor Wallet provides users with robust backup options to ensure that they can recover their funds in case of loss, damage, or theft of their Trezor device. Here are the primary backup options offered by Trezor Wallet:
Seed Phrase (Recovery Phrase): During the initial setup of a Trezor device, users are prompted to generate a seed phrase (also known as a recovery phrase or mnemonic phrase). This seed phrase consists of a series of typically 12, 18, or 24 randomly generated words. It serves as a master key that can be used to recover access to the entire wallet and its associated funds. It's crucial to write down this seed phrase on durable material, such as a piece of paper or metal, and store it in a secure location. The seed phrase should never be shared with anyone and should be kept confidential.
Passphrase: In addition to the seed phrase, Trezor Wallet supports the use of an optional passphrase. A passphrase is an additional word or string of characters that is combined with the seed phrase to create a unique wallet. This passphrase adds an extra layer of security and can be used to create hidden wallets. Users must remember their passphrase or securely store it alongside their seed phrase.
Shamir Backup (SLIP39): Trezor supports Shamir Backup, also known as SLIP39. With Shamir Backup, users can split their seed phrase into multiple parts, called shares, using a secret sharing algorithm. These shares can then be distributed among trusted individuals or stored in separate secure locations. A specified number of shares (threshold) is required to reconstruct the original seed phrase, providing additional resilience against loss or theft.
By leveraging these backup options, users can ensure that their funds remain accessible even in the event of loss, damage, or theft of their Trezor device. It's essential to follow best practices for securely storing and managing backups to prevent unauthorized access to funds.
