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Celebrating 10 Years of the Hardware Wallet Revolution

The article discusses the evolution of Bitcoin security over the past decade, focusing on the role of hardware wallets in protecting digital assets. It highlights the challenges of early Bitcoin self-custody and the need for a secure device to store private keys. The first hardware wallet, Trezor Model One, was created in 2014, offering a user-friendly design and offline storage of private keys. The article also emphasizes the importance of self-custody in light of exchange hacks and mismanagement. It mentions the advancements in the hardware wallet industry, such as improved user interfaces, support for multiple cryptocurrencies, and the inclusion of secure elements. The article concludes by mentioning future developments, including the implementation of the SLIP39 standard for enhanced security and accessibility.

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