Post
Topic
Board Marketplace (Altcoins)
Re: IOTA Crowdsale
by
Come-from-Beyond
on 01/12/2015, 19:42:55 UTC
So, if I were to buy these using blockchain.info... I would have to:

  • use the current version (NOT the next one at alpha.blockchain.info)
  • create a new wallet
  • go to "Receive Money" and transfer some bitcoin to the address in there
  • go to "Send Money"
  • choose "Transaction Type" "Custom"
  • select the same address for the select boxes "From:" and "Change Address:"
  • paste IOTA Crowdsale address in the "To:" field
  • enter the amount of BTC to buy, it must be less than the total available btc on that address, because I will have to save some (I don't know, 0.01 maybe?)  for step 3 plus miners fees
  • click "Review Payment"
  • click "Show Advanced"
  • veryfy that the same address from "Inputs" is listed on "Outputs" with enough money for step 3 (I am guessing 0.01 btc is more than enough)
  • click "Send Transaction"
  • go to "Import/Export"
  • choose "Paper Wallet" and print (to be able to import the private key somewhere else in case blockchain.info migrates to alpha.blockchain.info or shuts down before step 3)
  • choose "Export Unencrypted" then "Bitcoin-QT format" and copy the JSON somewhere just to be extra safe
  • pray for blockchain.info to exist and to still have the "Transaction Type" "Custom" in the future
  • when the time for step 3 arrive, use "Transaction Type" "Custom" option to send the specific amount required in step 3 from the same address that I used as Input and Change Address on the previous transfer

Is the procedure above correct? Did I missed something? Smiley

Looks too complex. I prefer this one:

1. Send some amount to buy iotas
2. Send all money to the account where the coins has gone from
3. Send tiny amount to prove the ownership