x.com/Trezor” target=”_blank” rel=”noopener”>Sure, Known for its hardware cryptocurrency wallets, it is celebrating the 10th anniversary of its first product, the Trezor Model One.
To celebrate this occasion, Trezor is hosting a giveaway offering three limited edition metallic Trezor Model One devices. To enter, people simply need to follow Trezor on x, retweet the x.com/Trezor/status/1818279278481440818″ target=”_blank” rel=”noopener”>anniversary post, and tag two friends.
At the time of publication, the winners have already been selected and have been contacted directly by Trezor.
![Trezor 10th Anniversary Wallet Giveaway](https://technicalterrence.com/wp-content/uploads/2024/08/Trezor-celebrates-10-years-since-the-launch-of-the-first.png)
History of Trezor
Trezor was founded by Marek “Slush” Palatinus and Pavol “Stick” Rusnák. The concept of the hardware wallet came about after Palatinus suffered a significant loss of bitcoin ($btc) in 2011 due to an online hack. This incident prompted the creation of Trezor Model One, which was officially launched on July 29, 2014. It was the first hardware wallet designed to provide secure storage for cryptocurrencies.
“We wanted to create a couple of hardware wallets for our friends, but we soon realized that we had found a big gap in the market. We are now one of the most trusted wallets in the world,” said Marek “Slush” Palatinus, co-founder of Trezor.
Early prototypes of the Trezor Model One were built using a Raspberry Pi and featured a display, two buttons, and a USB port. Despite uncertainties about market demand, the Trezor Model One quickly sold out, demonstrating a significant need for secure storage solutions within the cryptocurrency community.
The initial pre-order campaign of 1,000 devices was quickly expanded to 30,000 units due to high demand, allowing Trezor to maintain its independence without venture capital funding.
Looking to the future
Trezor plans to continue focusing on security and innovation within the cryptocurrency industry.
“No matter what the future brings, we will continue to do what we do best: protecting and innovating the entire cryptocurrency industry while being open about everything we do,” said Pavol “Stick” Rusnák, co-founder of Trezor.
The company's independent and open-source approach has been crucial to maintaining high standards of security and transparency.
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