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Author Topic: [ANN] OPENDIME v3 – Now *Genuine Verified* Bitcoin Credit Stick (in stock!)  (Read 16466 times)
nvK (OP)
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April 27, 2016, 09:09:22 PM
Last edit: January 31, 2018, 02:15:31 PM by nvK
 #1

OPENDIMETM

Opendime is a small USB stick that allows you to spend Bitcoin like a dollar bill. Pass it along multiple times. Connect to any USB to check balance. Unseal anytime to spend online. Trust no one.

- Lots of info here https://opendime.com/
- Video here https://www.youtube.com/watch?v=1LrKLsZYGjQ
- FAQ https://opendime.com/#faq
-First batch order sold out (SHIPPED!)
- Order Second Batch HERE  
-v1.1 Multi-language user interface: 中文, 日本語, English, Portuguese, Français, Deutsch, Pyccкий


FEATURES:

USB DRIVE: Acts like a read-only USB flash drive. Works with any computer, laptop, and phone. A QR Picture and Text file inside contain Bitcoin address and support.

ULTRA SECURE: The private key is generated inside the device, and is never known to any human, not even you!

COMPATIBILITY: The Bitcoin world changes fast but Opendime is built on the fundamental Bitcoin features that haven't changed in five years.

NO TRUST: Give an Opendime to anyone and they don't need to worry that you can take back the funds later. You've got the private keys in the device.

FREE TO USE: This is physical Bitcoin as it was meant to be: just hand it to someone and they've got it. Pass it on multiple times! Simple as a handshake. No miner fees, no confirmation delays.

OPEN STANDARDS: Uses Bitcoin message signing, normal (non HD) bitcoin payment addresses and private keys in WIF format.

It's the bitcoin incentive that makes the "blockchain" technology work, stupid.
There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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OROBTC
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April 28, 2016, 02:37:52 AM
 #2

...

nvK, thanks for opening a thread on Opendime.  I have been following occasional news on it for about a month or so.

I look forward to user reviews.

What I THINK I like about it is its minimalist design and one task use.  That will keep costs down and make it less vulnerable to security problems (those more knowledgeable about security, PLEASE comment!).

The opendime looks like it will fill a nice little niche: buy BTC once, pass the device around as payment,and anytime the owner wishes to be paid there it is.
nvK (OP)
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April 28, 2016, 12:44:02 PM
 #3

buy BTC once, pass the device around as payment,and anytime the owner wishes to be paid there it is.

That's spot on.

It's the bitcoin incentive that makes the "blockchain" technology work, stupid.
nvK (OP)
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May 02, 2016, 04:19:47 PM
 #4

Update: Shipping Opendime first batch 2 weeks ahead of schedule, w00t!

Get on the second batch: https://opendime.com/

It's the bitcoin incentive that makes the "blockchain" technology work, stupid.
nvK (OP)
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May 03, 2016, 10:52:38 PM
 #5

From website:

Quote
Pass it on multiple times! Simple as a handshake. No miner fees, no confirmation delays.

Sure, but the receiver needs to spend the funds asap anyway? The original holder could possess a signed spend transaction? Or am I wrong?

The original holder doesn't know the private key, so the receiver can still pass it along again.

It's the bitcoin incentive that makes the "blockchain" technology work, stupid.
nvK (OP)
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May 03, 2016, 10:53:39 PM
 #6



UPDATE, First batch shipped today!

https://twitter.com/coinkite/status/727628795663011841



It's the bitcoin incentive that makes the "blockchain" technology work, stupid.
nvK (OP)
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May 08, 2016, 03:18:28 PM
 #7







Many have already received their Opendime! Unboxings http://blog.coinkite.com/post/143942909006/opendime-unboxings

It's the bitcoin incentive that makes the "blockchain" technology work, stupid.
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May 08, 2016, 07:24:09 PM
 #8



Many have already received their Opendime! Unboxings http://blog.coinkite.com/post/143942909006/opendime-unboxings



I am interested, but would very much welcome reviews (especially re moving the BTC out of the unit when once broken open).

nvK:

The information at opendime.com is not very clear (to a relative newbie like me) as to how move the BTC!  Yes, I read about the private keys (etc.), but maybe you could write here (or at your website) more information on exactly how that is done (ie "for dummies").

You might get more sales...  Smiley
nvK (OP)
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May 08, 2016, 07:36:50 PM
 #9



Many have already received their Opendime! Unboxings http://blog.coinkite.com/post/143942909006/opendime-unboxings



I am interested, but would very much welcome reviews (especially re moving the BTC out of the unit when once broken open).

nvK:

The information at opendime.com is not very clear (to a relative newbie like me) as to how move the BTC!  Yes, I read about the private keys (etc.), but maybe you could write here (or at your website) more information on exactly how that is done (ie "for dummies").

You might get more sales...  Smiley


I think we can make it more clear on the site.

But the device once broken shows you the private key, you can just sweep that with Copay for example.







It's the bitcoin incentive that makes the "blockchain" technology work, stupid.
nvK (OP)
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May 12, 2016, 05:27:18 PM
 #10





We are finalizing the next firmware version, feedback welcome!

Feel free to send it here support@opendime.com

It's the bitcoin incentive that makes the "blockchain" technology work, stupid.
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May 17, 2016, 12:52:36 AM
 #11

Why didnt I think of that!? Great idea.
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May 17, 2016, 12:58:34 AM
 #12





We are finalizing the next firmware version, feedback welcome!

Feel free to send it here support@opendime.com



Updating firmware is a problem for me.  Often I have bad results no matter what the device is.

Simplicity..............  "K.I.S.S." is a good saying for a reason.

And please let us know when you will take Bitcoin as payment.  Last I looked, it was not an option.

Thanks, and the best of luck with your product.  Done correctly, you will fill a wonderful niche.
nvK (OP)
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May 17, 2016, 07:01:04 PM
 #13


Updating firmware is a problem for me.  Often I have bad results no matter what the device is.


We are looking for feedback for the next batch.
Opendimes are not upgradable, for security reasons you cannot flash them. The firmware is "burned" in.


And please let us know when you will take Bitcoin as payment.  Last I looked, it was not an option.

On the todo list, hopefully soon.

It's the bitcoin incentive that makes the "blockchain" technology work, stupid.
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May 20, 2016, 08:26:07 AM
 #14

I'm very interested in buying a few of these, but you guys only accept Credit Cards. Any possibility to pay with Bitcoin?




I might try and do a group buy for these as well. Seeing as they are relatively cheap and I'm sure a few people would like them.

.
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May 20, 2016, 09:04:40 AM
 #15

I spent some time on Opendime site trying to figure out how much this piece of hardware cost.
And it turns out it is only visible if you are filling out shipping information, not the best idea imo.
Also as others already pointed - I was disappointed to see you are accepting only credit cards payment.
Because of that I won't be able to buy it unfortunately as I don't have credit/debit card.
nvK (OP)
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May 20, 2016, 12:31:04 PM
 #16

We will have a Bitcoin solution soon, we are swamped with other stuff right now.


If you'd like we can process a couple orders by hand, just send your quantity and shipping address to support@opendime.com and we will send you a bitcoin address to pay.

It's the bitcoin incentive that makes the "blockchain" technology work, stupid.
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May 20, 2016, 12:36:55 PM
 #17

We will have a Bitcoin solution soon, we are swamped with other stuff right now.


If you'd like we can process a couple orders by hand, just send your quantity and shipping address to support@opendime.com and we will send you a bitcoin address to pay.
Alright, sounds good! I'll boot up a group buy and get back to you (but please reserve three already, as I want some for sure). Grin

.
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nvK (OP)
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May 20, 2016, 12:42:04 PM
 #18



Cool, please start a thread with support will help with the count.

It's the bitcoin incentive that makes the "blockchain" technology work, stupid.
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May 21, 2016, 12:03:09 AM
 #19

...

I'm just about to leave town, so will have to check in when I get back.  Please have that BTC payment option up & running if possible when you can.

Your device looks like it will work very well in its niche, there apparently is nothing else like it.  I look forward to test-firing it sometime.
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May 21, 2016, 11:41:51 AM
 #20

That's really nice ! But does the computer that will receive the USB stick will need to be connected to the internet in order to receive the money ?
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