Title: Bitcoin Rings Post by: dree12 on November 17, 2011, 04:38:03 AM Context:
If I can buy a ring of bitcoin, and propose to my girlfriend with it, then bitcoin is like gold. If I can't, then your argument fails. I wonder if I can embed a private key inside a ring. Then it really would be a ring of bitcoin. The ring can be the private key :P. Just arrange materials in slots. For example, one can divide the ring into 12 slots, 3 checksum slots, and 1 redundency slot. Each slot can contain:
Then SHA256 the resulting data if the checksum computes. Otherwise, use the redundency slot because the ring must be damaged. On a more serious note, it would be cool if everyday objects could be made to include bitcoin private keys/addresses. Think of the applications of that! "Pay 0.1 BTC to address to play slots". Or, "Buy this table for 500 BTC, and get back a private key with 50 untouched BTC!". Etc. Title: Re: Bitcoin Rings Post by: mrdavis on November 17, 2011, 02:30:28 PM Interesting, but what I'm visualizing doesn't look like an appealing piece of jewelry.
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