The Prague-based company has been collecting feedback and data on the performance of its open source chip prototype for Bitcoin hardware.
Tropic Squarea startup backed by Satoshi Laboratoriesthe company behind Surehas been testing its new TROPIC01 chip, according to a press release sent to Bitcoin Magazine.
Prototypes of the chip arrived from UMC, the Taiwanese production company, in December 2022. Testing of the secure element chips is scheduled to continue through the first half of 2023.
The press release describes how “the initial test results are very positive and have already shown that the development of the chip can continue as originally planned: produce a second prototype next year and then, after verification, start production.” in mass series”.
Tropic Square’s goal with the design and production of the chip is to create an open source security chip for use in Bitcoin hardware. Bitcoin Magazine previously covered the chip’s announcement in August 2022, in which the Tropic Square team described how “Being open source will allow the company to make improvements based on the community and expert feedback.”
According to Tropic Square CEO Evzen Englberth, the tests “bring us substantially closer to mass production and the introduction of the first transparent solution. These chips will have the opportunity to fundamentally change the current security standards on the market.”
Jan Pleskač, CTO of Tropic Square, describes how “Looking and examining the chip from every possible angle will help ensure the quality and reliability of the final product that goes out into the world.”
The press release details the company’s plans to make final pre-production prototypes next year and then hopefully begin mass production and bring its product to market in 2025.