SatoshiLabs Introduces Recovery Shares-based Security Standard for Trezor

Cryptocurrency hardware wallets are of great use to thousands of enthusiasts. They allow for secure storage of digital assets, while still providing comfort and convenience. SatoshiLabs, the team behind the Trezor Wallet, has introduced a new security standard. Shamir Backup is considered to be a revolutionary development which may usher in a new era of hardware wallet security altogether.  Adi Shamir Homage For those familiar with cryptography, the name Adi Shamir might ring a bell. He is the person responsible for creating a cryptographic algorithm, which is dubbed “Shamir’s Secret Sharing” It allows for different ways to store and protect

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