Given the year Bitcoin has had, it’s no surprise there’s been a whole lot more interest since it first started. Eight years ago, no one even really knew what cryptocurrency was. You can’t avoid someone mentioning Bitcoin at the pub or dare we say it, your family’s annual Christmas BBQ.
Released in 2014, the TREZOR marked the beginning of the Bitcoin hardware wallet. Produced by Satoshi Labs, the TREZOR could not only store Bitcoin independently of your computer but could do so while maintaining the functionality of a traditional web wallet. Thus, the TREZOR was the precursor to the many different hardware wallets we now see on the market.
The most common way to store and interface with the Bitcoin network is either by using software running locally on your computer or provided by a web service like CoinJar. Web-based bitcoin clients allow for greater flexibility around multiple devices and locations, and may come bundled with additional features such as customer support, digital currency exchange or even a debit card.