NEM, BTG, UBIQ, and EXP
Long, at last, the expected firmware update for TREZOR One has arrived! We managed to pack many different updates into today’s iteration, mainly — but not limited to — an expanded support of cryptocurrencies. We have also implemented Bech32 and other useful features.
So, without a further a due, let’s take a look!
Firmware update 1.6.0
Make sure you have your recovery seed accessible, in case you are asked to recover your device after a firmware update. Never update firmware without your seed nearby.
Open TREZOR Wallet and plug your device in. Unlock it and at the firmware update prompt, follow the instructions. At the end of the update process, unplug and re-plug your device. If you’re asked to initialize a new device, choose “Recovery” in the right part of the Wallet interface and restore your recovery seed from your backup.
Show Account Information in GetAddress
If you have ever used TREZOR for receiving larger transactions, or just wanted to make sure that the address given in the Wallet indeed belongs to the TREZOR in your hand, you have surely used “Show on TREZOR” function before.
Now, if you use the feature by clicking on the eye next to the address, you will not only see the address, but also the information about the currency and account to which it belongs. For users that double-check their addresses, this update should help to alleviate the problem with same address formats across different cryptocurrencies.
Bitcoin Gold Support
Bitcoin Gold is a fork of Bitcoin, sharing its history up until the block height 491407 (around October 24, 6 am UTC). If you have held bitcoins on TREZOR before this block, you will have the same bitcoingold balance as your bitcoin balance (at the time of the fork).
The second introduced coin for today is Expanse. For those of you who have already been using Ethereum or ERC-20 tokens, this interface will be very familiar, as to access your EXPs, you can use MyEtherWallet. Make sure that you select the correct currency/network though, as EXP is not a token.
There is one difference between Expanse and Ubiq support though. If you want to store Ubiq, you will have to input the correct derivation path manually. This should be fixed fairly soon (by MEW team), but until then, please make sure to enter m/44’/108’/0’/0 as the derivation path.
The TREZOR device can sign any arbitrary data you send it. Of course, it will only do so after your physical confirmation. This also means that OP_RETURN “transactions” can also be signed, even without this firmware update.
The update will only make it more straightforward for you, as it allows the device to recognize it is signing an OP_RETURN transaction. Instead of gibberish letters, the device will ask you correctly if you want to sign the data you have entered in TREZOR Wallet or any other compatible wallet.
Native SegWit (Bech32) Support
We are also happy to inform you that TREZOR now supports NEM! We will announce the full integration once the NEM wallet for TREZOR is fully ready.
TREZOR model T is the next-generationhardware wallet, designed with experiences of the original TREZOR in mind, combined with a modern and intuitive interface for improved user experience and security. It features a touchscreen, faster processor, and advanced coin support, as well as all the features of the TREZOR One.
TREZOR One is the most trusted and ubiquitous hardware wallet in the world. It offers an unmatched security for cryptocurrencies, password management, Second Factor, while maintaining an absolute ease-of-use, whether you are a security expert or a brand new user.
SatoshiLabs is the innovator behind some of the most pivotal and influential projects with Bitcoin and cryptocurrencies, mainly TREZOR, the world’s first cryptocurrencyhardware wallet, or CoinMap.org, the primary resource for bitcoin-accepting venues.
Introducing expanded cryptocurrency support in TREZOR firmware 1.6.0 was originally published in TREZOR Blog on Medium, where people are continuing the conversation by highlighting and responding to this story.