Buy a Trezor Safe 3: https://trezor.io/trezor-safe-3?trans...
Buy a Trezor Safe 5: https://trezor.io/trezor-safe-5?trans...
SLIP39 Tool: https://3rditeration.github.io/slip39...

A video which does a deep dive into the new backup approach that will be used in the Trezor Safe 5, making use of Trezor's SLIP39 standard, an implementation of Shamir's Secret Sharing.

00:00 - Introduction
01:34 - New Wallet Creation Workflow
02:57 - Creating a Mult-Share Backup from an existing extendable SLIP39 20 word seed
06:16 - Note on Converting Existing BIP39 Seeds to SLIP39 Shares
06:51 - Note on Creating to Multi-Share Backups from Older SLIP39 Sets (Prior to June 2024)
07:20 - Compatability Note regarding Older SLIP39 Implementations
08:40 - Advantages: Simplicity of SLIP39 Multi-Share Backups (Compared to a BIP39 Passphrase)
09:53 - Advantage: Re-Creating SLIP39 Backups Sets with Shares are Compromised, Lost or Damaged
10:20 - Advantage: Much Stronger Mnemonic Checksum & Distinct Wordlist
11:03 - Advantage: Wordlist optimised for T9 Entry (Faster and Easier with Touchscreen)
11:17 - Potenal Issue: Multiple Seed Backups Remaining Valid
12:01 - Note Regarding Recovery Shares being Unique to Recovery Sets
12:46 - Summary and Conclusion