TREZOR Model T Hardware Wallet is now Available for Limited Pre-order

There is always a growing demand for Bitcoin hardware wallets. Ledger and TREZOR are the clear market leaders in this regard. It seems we now have a new limited edition hardware wallet by the latter company. Only 4,000 units of the Model T will be created, making it somewhat of a collector’s item. Pre-orders for this wallet are open now and the product should start shipping in January of 2018.

It is always good to see more Bitcoin hardware wallet solutions come to market. More specifically, consumers crave these solutions first and foremost. It is up to manufacturers to create new products everyone can appreciate. The new TREZOR Model T seems to check all of the right boxes in this regard. Especially when considering how there will only be 4,000 units, pre-ordering quickly is the number one priority.

TREZOR Model T is Worth Buying

Under the hood, the Model T looks somewhat similar to other wallets produced by the company. It has a larger screen with a touchscreen interface. A total of eight different coins are supported, including BTC, LTC, ETH, ETC, and a few others. The Model T also boasts the same interface compared to previous models.Everything about this wallet looks pretty convenient and approachable. Solutions like these make life a bit easier for both experienced and novice cryptocurrency users alike.

Additionally, it seems other currencies will be supported by the TREZOR Model T in the future. It is unclear which coins that will be exactly, though. With so many currencies and digital assets, there is a growing list to pick from. Similar to previous models, this new wallet keeps confidential data on the device itself. The USB communication is only used after authentication. Plus, it boasts a USB-C connection and MicroSD support.

For the price of 149 EUR, there is nothing to dislike about the Model T whatsoever. It offers everything people could want and more. The limited edition aspect will only make it more appealing. It is a great way to introduce friends and family members to cryptocurrency. Granted, the price tag is a bit steep. However, it is a price people will pay for cryptocurrency wallet security. Keeping coins safe from harm is of the utmost importance right now.

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Mounting Bitcoin Transaction Fees Cause Uproar Once Again

It is that time of year again when the Bitcoin transaction fees are on the rise. We have seen this problem occur multiple times already. Right now, the median fee is $4.23, which is ridiculously high. It may even result in a new all-time high. Not the good kind, though, that much is certain. Rest assured this development will spur a lot of new debates in the coming days and weeks.

Bitcoin transaction fees have become a major problem over the past two years. Even the introduction of SegWit doesn’t alleviate these concerns. Then again, a lot of wallets still have to enable default SegWit transactions these days. With the median transaction fee on the rise again, things are looking problematic. Right now the media fee is almost three times higher compared to two weeks ago. This sudden rise is quite worrisome, to say the very least.

Bitcoin Transaction Fees are on the Rise Again

As is always the case, there has to be an explanation. Miners artificially propping up fees by not including transactions is one option. A spam attack against Bitcoin could be another. Neither of these seems to be entirely valid, as there is no abundance of transactions either. These ups and downs on the charts have been visible all year. Nothing seems to be out of the ordinary whatsoever. Nor is the mempool clogged up in any significant manner, either, although things looked a bit worse last night.

Regardless of the reason, the fees are rising. It is a very big problem that makes Bitcoin look less appealing. Spending a few bucks to move Bitcoin isn’t competitive by any means. In fact, it doesn’t even make it more appealing than most altcoins in this regard. Solving this issue will not happen with SegWit2x either. That is, assuming this hard fork will effectively be mined. Given some recent developments, that may or may not be the case in the end.

We can only hope the transaction fees return to normal soon. More importantly, they need to stay low for the foreseeable future. Until every service provider uses SegWit by default, that will not happen. No one knows how long this will take moving forward. We can only make Bitcoin work if everyone gets on the same page at the same time. Right now, that is not happening. With a fractured Bitcoin community, the future looks rather bleak in this regard.

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State Bank of Vietnam Declares Cryptocurrencies are now Illegal

Vietnam has always been an interesting region when it comes to Bitcoin. Although adoption seemed to rise, things are not evolving in the right direction. More specifically, using cryptocurrency in Vietnam will be subject to a fine in early 2018. Outlawing this new form of money is a bad decision by the government, to say … Continue reading State Bank of Vietnam Declares Cryptocurrencies are now Illegal

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Craig Wright Claims Ethereum’s Mutable Blockchain is Perfect for the CryptoRuble Project

Craig Wright is desperately trying to remain relevant these days. His latest comment on Twitter creates a lot of bad blood, to say the least. At the same time, there may very well be a hidden truth in the message. No one can deny Ethereum isn’t an immutable blockchain any longer. They lost that claim … Continue reading Craig Wright Claims Ethereum’s Mutable Blockchain is Perfect for the CryptoRuble Project

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Latest Dash Conference in Venezuela Draws Quite the Crowd

Educating the masses on cryptocurrencies is not an easy feat by any means. The dash team has been targeting Venezuela as a main region over these past few weeks. Slowly but surely, the local populace is showing an increased appreciation for these efforts. The latest conference attracted over 350 individuals. Not a bad number, considering … Continue reading Latest Dash Conference in Venezuela Draws Quite the Crowd

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Mario Draghi States There’s no Need for Bitcoin Regulation in Europe Right now

Europe is a rather controversial region when it comes to Bitcoin and cryptocurrencies. Up until this point, there is no hint of any regulatory measures whatsoever. That isn’t necessarily a bad thing, but ignorance shouldn’t be rewarded either. ECB president Mario Draghi feels Bitcoin isn’t mature enough to warrant regulation. An interesting choice of words, … Continue reading Mario Draghi States There’s no Need for Bitcoin Regulation in Europe Right now

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Coinbase Claims the Bitcoin Gold “Fork” has Already Taken Place

There are some conflicting reports regarding the Bitcoin Gold fork date. This is not entirely surprising, as the project is poorly organized at best. The website claims the “fork” – which isn’t an actual fork – still needs to happen. Coinbase, however, claims this has already begun quite some time ago. It is hard to … Continue reading Coinbase Claims the Bitcoin Gold “Fork” has Already Taken Place

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African Golix Exchange Values Bitcoin at Over $9,000 Right now

Most Bitcoin exchanges around the world all attribute the same value to Bitcoin. That is a significant feat, given how Bitcoin is a free market. It is not safe from speculation and manipulation by any means, though. What is rather interesting is the current Bitcoin price on the Golix exchange. They position Bitcoin at a … Continue reading African Golix Exchange Values Bitcoin at Over $9,000 Right now

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LocalBitcoins in Venezuela Continues to set new Trading Volume Records

In the world of peer-to-peer Bitcoin trading, LocalBitcoins is all of the rage. This platform is incredibly popular all over the world. Some regions are far more susceptible to higher trading volume compared to others, though. Venezuela has proven to be one of the hottest LocalBitcoins regions in this regard. Just last week, the country … Continue reading LocalBitcoins in Venezuela Continues to set new Trading Volume Records

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MMM Ponzi Scheme Continues to Tarnish Bitcoin’s Image in Africa

No one can deny the Bitcoin price has risen sharply these past few days. In Africa, the world’s leading cryptocurrency is making a lot of headway. Unfortunately, it may not necessarily be for the right reasons. An old Russian-driven Ponzi scheme – known as MMM – is making the rounds again in most African countries. … Continue reading MMM Ponzi Scheme Continues to Tarnish Bitcoin’s Image in Africa

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