Hardware wallet provider Trezor reported a 900% week-on-week growth in its sales volume, according to May 25 press statement shared with CryptoSlate.

This surge comes in the wake of Ledger’s seed recovery feature that drew stiff opposition from the crypto community.

According to the press statement, Trezor CEO Matěj Žák said:

“In Trezor, we believe that hardware wallets – cold storages that promise 100% self-custody should, at no stage, make the seed phrase accessible to anyone but the user.”

Trezor said it is a fully open-source company, meaning some independent technical experts audit and check all of its processes so that a remote seed phrase extraction is impossible or ever implemented.

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