Safe T Reviews (2022) - Buy or Not? Safe T instructions

If you want to keep your crypto safe, a cryptocurrency wallet is the right way to go. But which one should you choose? This Safe T review might give you an answer. Let's take a closer look at it Safe model T - One of the most advanced multi-currency wallet hardware on the market.

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Safe T Review - What is Safe?

Vault is a cryptocurrency hardware brand created by SatoshiLabs, a crypto-security company. SatoshiLabs was founded in 2013 and to date has released two Trezor products - the Trezor One wallet hardware and the Trezor T. The company is based in the Czech Republic, where it also manufactures Trezor equipment.

In addition to the Vault, SatoshiLabs has several other interesting projects:

• Blockbook: open-source blockchain indexing tool.
• Invity: cryptocurrency comparison tool.
• Tropic Square: open-source, transparent and secure chip solutions.

Perhaps the most important project mentioned above is the 'Tropic Square' initiative, which produces open-source element chips for the Vault. Developers of other popular crypto wallet hardware usually use closed-source secure chips, which means that you must trust the hardware manufacturer not to insert any backdoors and other security risks associated with third parties into the device.

SatoshiLabs still remains one of the most trusted manufacturers of crypto wallet hardware. The company has not experienced any major hacking attacks or scandals, and its facilities remain one of the safest choices on the market.

You might be interested in: Safe Wallet Reviews and Where to Buy (2022)

Key Features of the Vault T Wallet

Vault T is an advanced hardware wallet for fans and cryptocurrency holders. The Model T is a next-generation device that was launched in February 2018 and features:

Support for more than 1650 coins and tokens. It stores Bitcoin (BTC), Ethereum (ETH), Dogecoin (DOGE), various stablecoins, tokens and other crypto assets. For a complete list of cryptocurrencies supported by the T model, see here.
Advanced security measures. Put your assets in a secure cold store and back up your seed phrases using advanced security tools such as Shamir backup.
Improved use with integrated touch screen. Unlike its predecessor, the Vault One, the T-Model comes with a touch screen that offers more convenient control of the device and its safety tools.
Mobile connectivity. Make payments through your mobile phone, just connect the device to your mobile phone via WebUSB.
Special features for powerful users. Technical enthusiasts can get the most out of the T-Store by using additional features such as password-free login, self-destruct PINs, universal 2-factor authentication (U2F), SSH login, GPG, and much more.

All in all, Vault T is a state-of-the-art device for securing your crypto assets. Whether you are a beginner or a professional, using the Vault is a pleasant and full-fledged experience.

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What's in the package?

The standard Safe T wallet package contains the following items:

• Welcome flyer
• USB-C to USB 2.0 cable
• Two paper cards for seed recovery
• Safe stickers
• Magnetic dock

Additional accessories for the Safe T such as seed plates, extension cords, or leather cases can be purchased at Store safe.

Safe T- Supported coins

Vault T is a multi-currency crypto wallet, meaning that it supports bitcoin and also more than 1650 altcoins. See the full list of supported coins here.

Safe T - Design and use

The T safe is pleasant to the touch - it is light and easily portable, yet durable. Unlike the Trezor One, it has a touch screen interface, which makes it look better than its predecessor and is also easier to use.

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Safe T - Security

Cryptocurrencies differ in many ways from traditional bank accounts, which are protected by passwords and other authentication technologies. Storing digital assets in your private wallet has not been an easy task, but hardware devices like Vault make it much easier. So how does Vault T secure your funds?

In the first place, the device is used to store your private keys to your wallet, which is the only proof that the cryptocurrency in your possession belongs to you. The vault allows you to sign cryptocurrency transactions without having to reveal your private key to an external device, making it a very secure choice for any crypt holder.

The device is equipped 168MHz AMR processor (Cortex-M4) and running on it Core vault, a system developed to order. All of Vault's hardware and software is open-source, making Vault the most transparent hardware wallet provider. It is noteworthy that Vault T does not use a closed-source Secure Element and instead encrypts the data using a passphrase.

Regarding supply chain attacks, it is good to know that all Trezor devices are manufactured and packaged in the Czech Republic. The company ships equipment worldwide through a network of trusted suppliers and Amazon. To better protect its equipment from a potential attack on the supply chain, the Model T Safe is kept in a separate container, enclosed in a special box on which the authenticity and integrity of the holographic sticker is evident.

If any part of the package looks damaged, fake, or there is visible tampering / manipulation, check if the device has not already been set up, or run the bootloader and check that it has a valid firmware signature. If the device from the official dealer looks compromised, contact Vault and you will receive a replacement device.

Make sure you buy the device either from the Vault store website or through one of them official dealers. The safe cannot guarantee the safety and authenticity of equipment purchased from unofficial third parties.

A complete overview of the Vault's security scheme, as well as its open-source code, is available here.

Renewal seed

When setting up the Vault, you will be asked to generate a refresh seed, which is a secure, human-readable sequence of 12 or 24 words from BIP39 word list. You will need this seed to rebuild your wallet if your Vault device breaks, is stolen, or you lose access to it. This is the most critical point in setting up your security, because make sure you back up your seed safely and store it out of the reach of potentially harmful people such as hackers or robbers.

It is not recommended to keep your renewal seed online, and it is ideal if you never put it in any device other than your Vault during the wallet renewal process.

Generating a BIP39 word list using Vault Wallet means that you will generate it completely offline, where no one else can access it. It is statistically impossible to detect a seed by brute force or to come to it in any other way, so it will remain safe unless it has been copied or exposed to a digital network.

If you want to protect your recovery seed, there are a number of seed storage devices available, e.g. Cryptosteel Capsule or Cryptotag.

Vault T is the only device on the market that offers you an alternative option of generating a split recovery seed using the Shamir backup method.

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Shamir backup

Unlike other hardware wallets for cryptocurrencies, Vault Model T also allows you to back up your device's recovery seed by dividing it into several different unique parts. Only a predetermined number of seed parts is needed to restore the wallet - this is a backup method called Shamir. The method was named after the cryptographer Adi Shamir, who is the author of the algorithm Shamir's shared secret.

From a practical point of view, instead of generating one BIP-39 seed phrase consisting of 12, 18 or 24 words, you can generate up to 16 renewal shares consisting of 20 to 33 words and you can set the minimum number of renewal sheets required for your wallet. The minimum number for a complete wallet renewal is at least two renewal shares.

Each share can be held in a different place with another person, which offers a truly decentralized security setting. This means that even if you lose a certain number of leaves, you will be able to recover your cryptocurrencies without much difficulty.

The most common setting for a Shamir backup is 2 out of 3 or 3 out of 5 shares, but you can set it up according to your individual needs because it is highly customizable.

Safe PIN code

Vault Model T allows you to secure your crypto assets by setting a unique PIN code to secure your device while it is in operation. This is a numeric sequence that you must enter into the device each time you connect it to an external device in order to perform a transaction or generate a new wallet address.

Unlike its Vault One predecessor, Vault T allows you to insert your pin directly into the device via the touch screen, so you don't have to enter numbers on a random keyboard generator or external monitor, which means much smoother and more convenient use.

Passphrase

Finally, it is also recommended that you set a password phrase in addition to the PIN code. This is an advanced security feature that can be used to protect your accounts from sophisticated physical attacks on your device.

Think of a phrase as a way to extend your recovery seed. It consists of up to 50 case-sensitive characters of your choice. Unlike entering a PIN, entering an incorrect passphrase will generate a completely new 'empty' wallet, meaning that your resources cannot be accessed without the correct passphrase. You can also set several password phrases as a fake wallet in case of a successful physical attack.

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Safe T start instructions

Follow these steps to set up your Vault T.

1. Examine the seal to see if your package was opened during the delivery process.
2. Unpack the package and connect your Vault to your device.
3. Download and install Safe Suite.
4. Click on the "Create new wallet" button. The device will want you to check if the wallet has not been used before, so press 'Check Vault' and see if anyone has tampered with the device in front of you.
5. Install the latest firmware on your Vault.
6. Choose your preferred backup method. You can choose between a standard seed and an advanced seed, which means using the Shamir backup method we described above.
7. Follow the on-screen instructions to create your wallet.
8. Back up your seed phrase in a safe, offline location.
9. Generate a PIN code for your V-Model safe.

Congratulations! You can now use your device to receive, store and send your crypto assets in a highly secure way.

If you need more detailed instructions, here is the video from the well-known Bitcoiner BTC Sessions, who will explain everything in detail.

Safe for advanced users

In addition to storing crypto assets, advanced Vault users can use the T model for the following tasks:

• Password manager safe
• Passwordless login (FIDO2)
• Wipe code (self-destruct PIN)
• PIN encryption with MicroSD card
• Two-factor verification with U2F
• SSH login
• GPG
• Operating your own wallet Safe
• Running your own backend Safe
• …and other amazing adjustable stuff.

Security is security. If you want to store high value assets on your Model T Vault, we do not recommend using it as your password manager. While this is possible, it is not the most optimal strategy for secure setup.

Safe Model T vs. Safe One

The Vault Model T is the second generation of the Vault hardware wallet, which was launched on February 26, 2018. Its predecessor, the Vault One, has already passed the test of time and can be considered a reliable, cheaper alternative to the Vault T.

Here is a comparison of the different features of both devices:

One important difference between Vault One and the T-Model is that Vault One does not support the following altcoin wallets that Vault T already supports:

• Cardano (ADA)
• EOS (EOS)
• Monero (XMR)
• Ontology (ONT)
• Ripple (XRP)
• Thesis (XTZ)

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Also read: Cryptocurr wallets and wallet hardware - TOP selection

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All content in this article is for informational purposes only and does not in any way serve as investment advice. Investing in cryptocurrencies, commodities and stocks is very risky and can lead to capital losses.