“Tropical sunlight. Cryptocurrency security is a topic that should not be ignored. Of course, exchange platforms are not infallible. Experience shows that a hardware wallet is a highly recommended accessory for the security of your cryptocurrencies. But you still need to trust the manufacturer and its equipment! This is where the Trezor stands out with its first open source ultra-secure chip made […]”, — write: businessua.com.ua
Tropical sunlight. Cryptocurrency security is a topic that should not be ignored. Of course, exchange platforms are not infallible. Experience shows that a hardware wallet is a highly recommended accessory for security of your cryptocurrencies. But you still need to trust the manufacturer and their equipment! This is where Trezor stands out with its first super-secure, open-source chip made by its subsidiary Tropic Square. We will explain everything!
Le Journal du Coin brings you this ad article in collaboration with Trezor.
Pavol Rusnak, Marek Palatinus and Alena Vranova joined forces in 2013 to develop secure cryptocurrency storage solutions. Together they founded SatoshiLabs . After a successful fundraising round, they were able to develop and launch their first hardware wallet: the Trezor Model One. Subsequently, the company achieved considerable success with several models of wallets. For more than 12 years the Czech company remains a leader in the field of security storage of digital assets.
During these years, the team relentlessly tested all the components they assembled as part of their hardware portfolio, such as chips. It was in this way, in an effort to optimize security, that the Trezor developers discovered vulnerabilities. Unfortunately, due to confidentiality agreements imposed by their suppliers, they were not at liberty to divulge the details. This is an absolutely unacceptable situation prompted the company to take radical measures, creating the first open-source chip.
The birth of Tropic Square: maximum security thanks to transparency Indeed, when you buy a product like a hardware wallet To keep your cryptocurrencies, people trust the company and its certificates . But why are security certificates not enough? Simply put, the organizations that issue these certificates run a series of tests, but only in pre-defined scenarios. This is the same principle as the homologation of engines in the automotive industry. The structure is set and you have to fit into it. So anything outside of this structure is never checked. And precisely in these blind zones hackers discover vulnerabilities .
Determined to go even further in terms of transparency and security faced with To solve the problems with the limitations of opaque devices, Trezor founded Tropic Square. In their own words, security can only be maximized with maximum transparency . This is a critical issue because protecting devices goes far beyond simple crypto wallets. It covers all connected devices. With the exponential growth of these products, the opportunities for hackers are multiplying. It is in this context that the TROPIC01 chip was developed.
Tropic Square has developed the first open source security chip!
TROPIC01: An open source chip to secure hardware wallets TROPIC01 is the flagship product developed by the teams at Tropic Square. Chip was designed to address the shortcomings and lack of transparency in the industrial ecosystem that monopolized the production of safety components. He has open source code and everyone can check its operation and make sure there are no vulnerabilities . For Tropic Square and Jan Pleskach, security is a process that requires continuous review and improvement .
We encourage independent researchers, scientists, and engineers to test our chips, compromise them where possible, and push us to continually improve.
Each exploit attempt speeds up patching, strengthens security, and makes hardware more reliable. Because security is not just a static certificate. It is a living process. A process that must evolve as quickly as the threats themselves.
Jan Pleskac, CEO and co-founder of Tropic Square.
It is noteworthy that the company integrated chip TROPIC01 into your latest hardware wallet model, Trezor Safe 7. Tropic Square’s flagship product is not limited to this application as it can also protect other elements, such as decentralized infrastructures or connected devices such as phones. Applications for such a product are extremely numerous.
That’s why Trezor and Tropic Square focus on transparency and continuous improvement to ensure maximum security. With the TROPIC01 chip, which is open source and publicly auditable, Tropic Square implements a security strategy adapted to current and future threats. This philosophy is reminiscent of Bitcoin, where trust is based on code rather than a central entity.
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