The Trezor Model One has been the golden standard for storing cryptocurrency ever since it was invented. As the first hardware wallet, it defined the industry as a user-friendly, offline key storage. The Model One also introduced the BIP-39 standard, now adopted by almost all software and hardware wallets. A single-purpose device, the Model One is all you need to protect cryptocurrency, and is further enhanced by Trezor Suite’s privacy-enhancing features . For more information about the Trezor Model One, see Trezor One.
The Trezor Model T is a premium, advanced hardware wallet. In addition to the functionalities of the Trezor Model One, it has a full-color touchscreen which is used for secure on-device input. The modern design includes an SD card slot and is capable of SLIP39 Shamir backup, a way to safely split a backup seed into multiple shares for distributing across multiple safe places. Other advanced features include FIDO U2F and FIDO2 support, making it the only FIDO2 device with a touchscreen. For more information about this hardware wallet, please see Trezor Model T.
For a comparison of the two products and their features side-by-side, see Comparison.