Hardware Bitcoin Wallet TREZOR Adds Dash and Zcash Support

The TREZOR hardware Bitcoin Bitcoin While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that Read this Term wallet has introduced multi-currency support for Dash and Zcash in response for client demands. The first hardware wallet, TREZOR was created by the Prague-based firm SatoshiLabs, known for its Slush mining pool.

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Explaining the rationale for the move, the TREZOR team writes that up until now, the wallet has only been offering a simple Bitcoin wallet interface, while TREZOR itself has been expanding support to various other Cryptocurrencies Cryptocurrencies By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw Read this Term (Litecoin, Namecoin, Dogecoin, Dash and Testnet). Due to this, "a growing voice of the community has requested integration of different currencies into TREZOR Wallet as well."

Both Dash and Zcash are privacy-focused cryptocurrencies, therefore it is possible that future additions will also be of similar assets (such as Monero for example) if that is what the user community demands. However, due to the rigid nature of hardware in comparison to software wallets, this will take time and not all protocols will fit the needed configuration. Dash and Zcash both have working insight forks and were therefore easily integrated into the TREZOR wallet.

Dash has experienced strong growth recently and the DASH/USD exchange rate now stands at around $15.8 - the overall market value is $111 million.

Zcash was only launched a couple of month ago and is already available on a large number of exchanges including Kraken, Poloniex, ShapeShift and more. This is due to the fact that Zcash has some very well-known backers and stakeholders, including Roger Ver, Barry Seibert and Pantera Capital.