Trezor CEO cites usability as top factor for the hardware wallet: BTC Prague
Trezor doesn’t plan to introduce any private key recovery tools as it has provided all possible tools to help users secure the seed phrase, CEO Matej Zak said. Amid the expanding trend toward self-custody, hardware wallet Trezor's CEO Matej Zak has highlighted the most relevant development vector for the company so far - enhancing usability to significantly increase the number of users over the next few years. Speaking to Cointelegraph at the BTC Prague 2023 conference on June 9, Zak said: “Educate hard and build simply” is currently Trezor’s most relevant strategy in developing its hardware wallet s amid the growing demand for self-custody." “You need to explain what self-custody is because it’s still a different concept. It’s nothing that existed before Bitcoin, and Bitcoin has only been around since 2009,” he added. While allowing investors to be their own banks, the concept of self-custody also makes users the sole responsible entity for the safety of their Bitcoin. T...