Post
Topic
Board Collectibles
Re: serpcoin DIY2 - Do It Yourself Physical Bitcoins
by
serp
on 27/12/2014, 04:03:41 UTC
Serp,
I received one of the DIY2 coins assembled from a seller today (was labeled as DIY so I assumed it was going to be a kit), unloaded with the hologram already over the Private Key which does not allow me access to the Private Key unless I take off the hologram.  I do have access to the Public Key which was provided with the coin.

I plan on buying another from your site (since it seems to be a DIY kit) so I can put the item together myself since I have done this for coins before but I am wondering if I should consider this coin insecure since I did not assemble it myself?

Thanks for your advice,
digicoinuser

Hey digicoinuser,

Yes, the coins from my site come as DIY only so you would be making your own private keys.

In the case where you bought one that was already assembled then you are putting trust in the person that assembled it as they would have access to the private keys as well.

Thanks for your interest in the coin and let me know if you have any other questions.  Generally pm or email (btc at serpco.com) are the fastest ways to get me.