The Trezor One hardware wallet was commercially launched in 2014. Yet somehow, this 6 year-old electronic device is still the gold standard for Bitcoin security. How can such a dynamic market have this kind of constant? Is there more to Trezor’s success than the first mover advantage? And how can a hardware wallet that many security researchers have physically hacked remain secure for your bitcoins?

Well, the answer to all of these questions lies in the focus on free open source software development. Satoshi Labs, the company that created the trezor suite app, champions the software side of security and conducts useful research which effectively advances Bitcoin wallet standards.