Quote from: gigavps on March 06, 2012, 06:14:35 PM

Quote from: coblee on March 06, 2012, 06:12:12 PM

It is crucial that once I bought the miner, the miner needs to function even if LargeCoin goes out of business for any reason. In other words, the interface to configure the pools must be on the device itself and not an external website. And if there is a token to unlock the hardware, the unlock must be complete. It shouldn't have to phone home and LargeCoin should not be able to remotely configure or brick the device.

Is this how LargeCoin is supposed to work?

Is there a remote kill switch or phone home system?

Thanks,
gigavps

No, there's no remote kill, and the phone home function is optional and for your convenience only. Our ASICs have a crypto mechanism that checks a license file that you must supply to the system. The license file specifies how much mining the system will do, in accordance with whatever license you've purchased. For the C200 units we are taking orders for currently, the license will be unlimited.

Without the license mechanism, our only option would be to take payment in full prior to shipping, which is probably less desirable than allowing the customer to receive the unit, run it for a few weeks, and validate everything is working well before submitting payment in full to receive the full-bore license key.

Our goal here is to deal with the well deserved suspicion that any Bitcoin hardware project - particularly one promising an ASIC - is a total scam, as several have been over the past year.