The TREZOR hardware Bitcoin 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.
To unlock the Asian market, register now to the iFX EXPO in Hong Kong.
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 (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.”
Rob Frasca Talks Ndau as an Adaptive Store of ValueGo to article >>
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.