Trezor, a major hardware wallet maker, has reported an impressive increase in sales over the past week. By company datasales of Trezor devices grew by 900%.

The driving force behind this hype was the announcement of another hardware wallet manufacturer, Ledger. Company last week added a toolwhich allows you to recover the secret seed-phrase for accessing devices.

To subscribe to the Ledger Recover service, you need a valid passport or ID card issued in the European Union, the United Kingdom, Canada or the United States. The company emphasized that the choice will always remain with the user and no one will force customers to subscribe to a new service.

However, the new feature was actively disliked by the cryptans, as this could potentially mean the launch of another additional way to rid the owner of his cryptocurrency funds. The problem turned out to be not even in the function, but in the failed PR of the new service.

One way or another, Ledger users, quite expectedly, have begun to switch to using Trezor wallets, which do not have such an option and therefore seem to be more reliable and secure at this stage. In addition, Trezor declares transparency and openness, as it uses open source for its software and wallets.

“We believe that hardware wallets are cold storage that assume complete independence. At no stage should they make the seed available to anyone other than the user,” said Trezor CEO Matej Jak.

Trezor thanked its customers for their trust and support and promised to continue to develop its products and services to high quality and safety standards.

Trezor, a major hardware wallet maker, has reported an impressive increase in sales over the past week. By company datasales of Trezor devices grew by 900%.

The driving force behind this hype was the announcement of another hardware wallet manufacturer, Ledger. Company last week added a toolwhich allows you to recover the secret seed-phrase for accessing devices.

To subscribe to the Ledger Recover service, you need a valid passport or ID card issued in the European Union, the United Kingdom, Canada or the United States. The company emphasized that the choice will always remain with the user and no one will force customers to subscribe to a new service.

However, the new feature was actively disliked by the cryptans, as this could potentially mean the launch of another additional way to rid the owner of his cryptocurrency funds. The problem turned out to be not even in the function, but in the failed PR of the new service.

One way or another, Ledger users, quite expectedly, have begun to switch to using Trezor wallets, which do not have such an option and therefore seem to be more reliable and secure at this stage. In addition, Trezor declares transparency and openness, as it uses open source for its software and wallets.

“We believe that hardware wallets are cold storage that assume complete independence. At no stage should they make the seed available to anyone other than the user,” said Trezor CEO Matej Jak.

Trezor thanked its customers for their trust and support and promised to continue to develop its products and services to high quality and safety standards.