Post
Topic
Board Collectibles
Re: [IDEA] Removing trust from physical coin makers re: Priv Key generation
by
ClayCastCrypto
on 14/01/2023, 22:57:40 UTC
Thank you,

Either this, or the customer DIY collectible route (or doing literally everything).

Part of me would like to see this 'as a service'. Which would have logistical and practical issues (shipping, stickers, etc).
Am a small fry, but would be nice to focus on (silver)work instead of doing everything.

Clay

The "not doing" everything route assumes you trust all of the other parties.

I'm assuming you are speaking as a coin maker?


Yes, as a maker. No coins though; handmade (funded / unfunded) silver objects.

The trust would be towards the other parties (as a service).

Oh okay I see.

Personally I would not be in favor of making it a service for other coin makers unless they were directly involved with assisting with the key generation process I was involved in for a multisig coin. There may be a market for this, not something I would likely get involved with personally.

Having skin in the game may make people less willing to scam.

A scammer would have to convince one of the other two parties to scam with them in order to be successful.

The 'service' would consist of two or three parties like you suggested.
It's like asking Ballet to make the keys for your coins (believe they do BIP38 with two different entities under the Ballet umbrella).