Post
Topic
Board Hardware wallets
Re: [ESHOP launched] Trezor: Bitcoin hardware wallet
by
xbach
on 14/09/2016, 15:36:37 UTC
Hi guys, I believe I'm as much hyped and "in love" with my Trezor as most of the guys around here.
One thing that stills puzzles me is if I can trust that there is no backdoor in these wallets? There is any resources of security experts that audited the product?
I understand Satoshi Labs is not a small BTC player and as miners they have interest that people feel secure in order to mine and buy BTCs without problems.

Just asking, real noob here. Cheers!

The firmware running in Trezor is fully open-sourced, so everyone can audit the device. If we decided to implement a backdoor into the device, someone would notice it immediately (especially now, given that there is competition on the market).

Speaking from ideological point of view, it would be against our values to put a backdoor into Trezor. More importantly though, it would surely taint something that everyone in the team has worked so hard to build. The founders of SatoshiLabs are not some unknown peeps, but, I dare to say, are quite well-respected, so it would hurt them the most.

Of course, questions like these are welcome. You should not blindly trust someone!