Mr. Mojo thank you for your donation!

Please specify if this is for three plated bars AND if they will be auctioned off as ONE lot or multiple lots.

Once I know this I will add it to the list accordingly.

Thanks

Wheelz thank you for your donation!

Did you want these auctioned as a single lot or multiple lots?

Once I know this I will add it to the list accordingly.

Let me know.

Thanks Mbitr for your donation.

Could you clarify if the upside down eagle is a more rare piece?

I'm not too familiar with the upside down eagle.

Could you please provide links/images for these item(s)?

thanks

@Sweeteye,

can you specify whether these items will be auctioned as a single lot or separate lots?

Once I know this I will add it to the list accordingly.

Let me know

thanks

Will be updating the OP list with all of the new donation items soon.

Thank you all so much for the donations, it is very cool to see so many individuals willing to give in such a dark time for some.

Hoping these items help in some meaningful way to those who lost funds.

Update:

My vendor says they should have pix of the coins to me in the 7-10 days or so.

Shipping to me will occur shortly thereafter.

Once I have them in hand I will post.

Mahalo for your patience. Much appreciated.

1 oz BTC coin Update: Any orders for coins that do not have Gold-select coin types will be going out Next week.

Will be contacting all parties in the coming days.

Should have a gold-select update in the next 2 weeks or so

Prize list:

contest #1

1st - 1 oz rainbow silver BTC 2022 Lealana coin
2nd - 1/10 oz rainbow silver BTC 2022 Lealana coin
3rd - 1 oz rainbow silver BTC 2022 Lealana coin



contest #2

1st - 1/10 oz Fully Gold Plated rainbow silver BTC 2022 Lealana coin + Bitcoin coloring book
2nd - 1/10 oz rainbow silver BTC 2022 Lealana coin
3rd - 1/10 oz silver BTC 2022 Lealana coin



Congratulations to the following winners:


Contest #1

1st Place - MoparMining (25 points)
2nd Place - Kryptowerk (23 points)
3rd Place - Cryptogreatdane (21 points)


Contest #2

1st Place - Helen Yu (40 points)
2nd Place - Kryptowerk (28 points)
3rd Place - Cygan (18 points) & TxCryptoKid (18 point) <===== tied both will receive the same prize


Big Mahalo to Minerjones who offered to help ship all of the items to the winners of both contests.

I will attempt to arrange shipping within the next 2-3 weeks.

Mahalo to all who participated in this contest.

QUESTION: Are there any physical coin creators that would be willing to contribute to the process of creating a physical collectible where they would create a portion of the key in a multi-sig coin that would collaborate with other physical coin creators?

Requirement: At least 3 known and trusted physical coin creators would be needed to do a 2-of-3 multi-sig coin.

I can see why those who turned me down in 2014-2015 did not want to participate or just never got back to me. I'm also not 100% sure I would want to do such an endeavor as it would depend upon the terms & agreement and the outlined responsibilities of each party

Sounds like a lot of work. 

Love the write up!

Great idea yes. This would apply to tech savvy collectors it would seem and not the average non-techie collector.

I'll read it again later and respond with additional thoughts/comments.

This may be a great way for tech savvy individuals, but not for the average non-techie person.

Definitely doable I'd imagine.

Thanks for sharing your write up.

yes I follow you 100%.

I would just not be in favor of selling it as a service (personally for myself being involved in such an endeavor) if the parties I'm making multi-sig keys with would be selling it as a service to another coin maker that is not directly involved with being part of the key gen process.

There might be a market out there for it and perhaps others who would likely go along with making such a service available.

Personally not for me.


I'm not familiar with Ballet's key gen process but if the same entity (under the same umbrella) is making 2FA or multisig coin keys, I'm not sure how that works to speak on the matter with any accuracy.

Seems like a conflict if two parties associated with the same entity are making all parts of the overall key that allows redemption of funds and selling it as a 2FA key or multi-sig coin.

I can't speak on Ballet's process as I'm too uninformed to make any judgements.

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.

Yes multisig.

Yes humans are imperfect beings.

I'm unfamiliar with Shamir's secret shares. Do explain please.

Does bip38 coins allow the owner to successfully transfer ownership to another party should they want to sell it? Or is it the same as 2FA where you have a password and basically half the key to access the funds?

Mahalo Sweeteye!

I will add this to the list shortly. 

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

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

I'm not familiar with BIP 38 specifically.

You would generate one third (1/3) of the key, second party does the same, third party the same.

Only two of those three keys generated would be needed to redeem the funds.

This is of course assuming you have three "trusted" parties with the same goal in mind.

In an attempt of removing the need to have to trust physical coin makers in generating private keys, I wanted to share the following...

In 2014-2015 I'd been contacted by Mike Caldwell and we had a few discussions on how to remove trust from loaded physical collectibles. We went back and forth a bit. In the end the discussion ended with the following possible solutions.

I approached several coin makers back then including Mike and all of them either did not get back to me or declined being involved with altogether what I’ve outlined below:

IDEA #1 - 2-factor keys generated by TWO trusted parties. Downside you need both parties to be 100% correct in their math to execute this.

IDEA #2 - 2-of-3 multisig with keys generated by THREE trusted parties. Downside you need to trust one of the other two parties did their math and key generation correctly.

The idea was to use a 2-factor or 2 or 3 multisig coin where multiple parties would create part of a key that would be added to the overall physical coin secured under each of our respective holograms.

Assuming it is a 2 of 3 multisig coin, then if one party wanted to scam, they would require at least one other person (i.e. 2 of 3 parties) to sweep/move the funds.

There is a possible downside. Not 100% sure how likely if things are tested correctly. If one party or more does their math wrong or doesn’t put the correct piece of the key on the coin, that can mess up the validity of the coin.

You can do everything on your end (like myself) but I would have to trust that the other parties involved actually did put the correct key on to the coin securely and that their math was done correctly.

This would be as close to a removal of trust from the key producers from scamming as possible.

As more ideas and items come up in this discussion I will collect them here in OP here.


Looking forward to hearing all of your thoughts, any and all.

Let me know if you would like to add your item to the auction list whether you would prefer to sell it at the full retail price of $10k or not. I could also list it as a saleable item or if you prefer you could make your own sale thread.

Up to you. Either way, let me know.

Mahalo Max