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Author Topic: Bitcoin Rings  (Read 1017 times)
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November 17, 2011, 04:38:03 AM

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 Tongue. 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:
  • Hex 0: nothing (just round)
  • Hex 1: Purple gem
  • Hex 2: Blue gem
  • Hex 3: Green gem
  • Hex 4: Yellow gem
  • Hex 5: Orange gem
  • Hex 6: Red gem
  • Hex 7: Gold bar
  • Hex 8: Silver bar
  • Hex 9: Wooden piece
  • Hex A: Graphite piece
  • Hex B: Diamond piece
  • Hex C: Rock piece
  • Hex D: Inscription "vires en numeris"
  • Hex E: Aluminum plating
  • Hex F: thin tube of ring material
With the exception of the redundency slot, which is a 4x12 box of elevated/non-elevated ring material.
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.
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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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