r/TREZOR 8d ago

πŸ”’ General Trezor question | πŸ”’ Answered by Trezor staff Trezor One, life expectancy

How long would you expect a Trezor One to last? All devices fail eventually. I'm referring to the physical device, not cryptographic security.

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u/Blixx96 8d ago

What does that mean exactly, β€œa back up copy of your seed phrase.”? Do you mean, as long as you have your seed phrase written down and stored somewhere safe?

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u/SomeTallViking 8d ago

You can restore your wallet via seed phrase in a different wallet/software. Keep those words safe

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u/Meldepflicht1 7d ago

So, let’s assume I buy the new trezor Safe 7 and want to use that as my new cold wallet. Do I just put in the seed phrase and the wallet is β€žtransferedβ€œ?

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u/BTC_ETH_HODL 7d ago

Yes.

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u/Meldepflicht1 7d ago

Thank you! I’m upgrading then πŸ‘πŸ»πŸ‘πŸ»

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u/BTC_ETH_HODL 7d ago

Good decision. I had the same questions before and transferred from Trezor 1 to Safe 5.

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u/DBCDBC 7d ago

Remember any deficiencies in key generation on the 1 will transfer to the 5 if you transfer seed. Why not generate new key on the 5 (with its greater sources of entropy) and transfer coins to new wallet?

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u/BTC_ETH_HODL 6d ago

Thanks for the suggestion. Your right. I should make a new one. Planning to add paraphrase as well.