Bitcoin Takeover Podcast
BTC Takeover
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S16 E57
Trezor Safe 7 Setup with Matej Zak & Tomáš Sušánka
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01:13 Introduction to the podcast episode and guests (Matej Zak, CEO, and Tomáš Sušánka, CTO of Trezor).
01:34 Discussion of the Trezor Safe 7 product launch event in Prague and the host's excitement about the Tropic Square chip.
01:55 Mention of the live unboxing and potential for things to go wrong.
02:17 Addressing rumors about paying influencers; clarification that no payments were made, only travel costs covered.
03:11 Start of unboxing the Trezor Safe 7, focusing on packaging security and tamper-proof elements.
09:00 Deeper dive into quantum readiness, industry trends (e.g., Cloudflare, Apple), and why it's not a gimmick.
12:51 Continuation of unboxing: Tamper-proof seals, holographic stickers, and physical security layers.
14:18 Confirmation that devices ship without firmware; installation happens via Trezor Suite for added security.
15:26 Setup process on iPhone: Downloading the app, Bluetooth pairing, and why iPhone compatibility was prioritized.
16:10 Market insights: US as the biggest market, challenges with Apple (MFi program), and opting for Bluetooth over cables.
18:30 Ads segment (Sideshift.ai, Layer 2 Labs, NoOnes.com, news.bitcoin.com).
20:13 Resuming app setup: Privacy options, biometrics, Bluetooth permissions, and pairing code.
21:42 Counting physical security layers (five in total) and their purpose.
23:07 Authenticity checks in the app: Confirming purchase source, seals, and packaging integrity.
24:09 Firmware installation process and confirmation that devices ship with only bootloader.
25:05 Discussion of dual secure elements (Tropic Square T01 and Infineon Optiga Trust M) for enhanced security.
26:01 Bluetooth security: End-to-end encryption using Noise protocol.
27:04 Haptic feedback and one-time code for pairing confirmation.
28:00 Device authenticity verification via secure elements.
29:39 More on quantum readiness: Post-quantum certificates for future implementation.
30:23 Tutorial walkthrough: Power button, menu options, and Tropic Square chip explanation.
30:59 Background on Tropic Square: Origin story, name meaning (Truly Open IC), and founding to create auditable secure elements.
32:06 Experience with proprietary secure elements: Discovering vulnerabilities under NDA and deciding to develop an open alternative.
37:18 Advantages of Tropic Square for competitors: Better security, transparency, and ability to discuss vulnerabilities openly.
38:46 Competition philosophy: Focus on features, software, third-party integrations, and innovation rather than aggressive tactics.
40:29 Bitcoin-only version mention and pre-order availability.
41:26 Completion of setup tutorial; default 20-word SLIP-39 backup with options for multi-share.
43:41 Metrics for setup experience: Emphasis on user understanding over speed.
45:32 Compatibility with BIP-44 for multi-asset support; differences limited to SLIP-39 replacing BIP-39.
47:09 Status as production-quality device; shipping soon, with room for early feedback.
49:19 Audience questions: Ordering in Southeast Asia (via trezor.io or vetted resellers).
50:35 Audience questions: Coin control in mobile app (planned for parity with desktop in a few months).
51:29 Audience questions: Shielded Zcash support (on backlog, no ETA; space issues resolved but requires further cryptography work).
53:18 Pricing ($250) and pre-order info.
53:43 Closing remarks: Pride in the product, future features, and thanks.
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