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SatoshiLabs Crypto Intelligence

SatoshiLabs is the company that created the very first ‘cold storage’ device - the Trezor Wallet.

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By Diana (Editor)

Published August 29, 2018



SatoshiLabs is the company that created the very first ‘cold storage’ device - the Trezor Wallet.

SatoshiLabs: About the Platform

The hero product of SatoshiLabs is the Trezor Wallet - currently the second most liked personal cryptocurrency storage solution after the Ledger Wallet.

Personal cryptocurrency storage devices are often called ‘cold storage’ but both Trezor and Ledger have had security vulnerabilities discovered in them.

We are sticking to labeling them as ‘warm wallets’ because of their security vs usability tradeoff: they work as a black box, the user is not in control of their inner mechanisms or possible security vulnerabilities coming from the hardware.

Trezor’s codebase is open-source. KeepKey, another crypto wallet solution, made their initial product largely from Trezor’s codebase.

The Business Intelligence for SatoshiLabs

SatoshiLabs is a company based in Czech Republic that was founded in 2013 as SatoshiLabs s.r.o. at address Kundratka 2359/17a, 18000 Praha 8, Czech Republic.

The current CEO of SatoshiLabs is Marek Palatinus (Slush) who is one of the company’s co-founders along with Alena Vranova and Pavol Rusnak. He is also the founder of Slushpool, the BTC mining pool.

Pavol Rusnak (Stick) is the CTO of SatoshiLabs.

Alena Vranova was the CEO of SatoshiLabs until January 2017. Since then she has worked for several blockchain technology projects, most recently along with Alan Silbert or Jameson Lopp for INX.exchange - the crypto derivatives exchange that aims to be the first fully regulated project of its kind.

On 23 September 2018 at the Baltic Honeybadger conference, Vranova along with several crypto personalities announced the creation of The B Foundation (@TheB_Foundation), an initiative to support Bitcoin development, marketing and education. The B runs on public donations. Afiliated members include WhalePanda, Elizabeth Stark, Adam Back or Jameson Lopp.

SatoshiLabs on Social Media

Stick and Slush are active on Twitter and in crypto-related communities on Reddit.

  • Stick - Reddit on u/stickac and Twitter @pavolrusnak
  • Slush - Reddit on u/slush0 and Twitter @slushcz

The company’s updates and PSAs go to the official Twitter @satoshilabs which has over 20K followers (August 2018). The account doubled its follower count during the peak weeks of the 2017 cryptocurrency bubble.


Filed under: Wallet

Cryptoasset Custody Warm Storage

Blockchain Technology Companies Competing With SatoshiLabs

Ledger Wallet



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About the Author
By Diana (Editor)

BIO: I'm a nobody and nobody cares. I like researching business models so that later I can fail miserably anyway. Editor at @BOC__Official. ·

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