[ANN][SLG] Sterlingcoin v1.7 | United Kingdom |

[Sterlingcoin]

So.

Moving on.

We are looking to launch the online wallet system within 24-48 hours from now.

We are just doing a final check through.

Little bit of coding and adding in Google 2FA.

Google 2FA is compulsory.

[SwissCrypt]

My final thought about those coin exchanges:

A coin should be able to be traded on different places. However, there are shitty places and good ones. Only future will tell which ones are the best.
But! In these early days of crypto trading, be carefull where you trade and only trust the established exchanges. And don't put your investment in places accepting all kind of coins (because no malware, no virus, blablabla).

Of course it's free for everyone to set up such a kind of trading room, but don't forget, this market is brand new in comparison to established stock exchanges. There are a lot of black sheep around...be aware.

Personally I would never put one dime, one cent, even one satoshi 😉 in bleutrade, and as sad as it is (as a swiss guy )I am also avoiding swissex.

Just to let you know, I was trading futures, options, stocks as a market maker on the swiss exchange and that back in the 80's! I am kind of a grandfather for nearly all of you 😄

Thumbs up again for the good work of the Sterling team.

See ya

[BitcoinFX]

A quick update for the: Sterlingcoin Cryptocurrency Card Wallet - Premier Edition - project currently 'active' on the StartJOIN crowdfunding platform.

See: https://www.startjoin.com/slg_cc

15 backers - £379 pledged OF £1000 TARGET - 25 DAYS TO GO

Again, special thanks to all StartJOIN'ers who have pledged to this project thus far !

...

Some of the folks on StartJOIN liked our Sterlingcoin crypto cards project and asked us to submit a similar project for StartCOINs. So we did just that.

See: https://www.startjoin.com/startcoin_cc

Anyway, getting both of these projects successfully funded could probably allow a small UK based IT business to employ some new staff dedicated to production and sales for these crypto cards, as well as for some other upcoming products - only being produced for genuine and quality crypto currencies of course.

That's crypto currency in action ! Keep up the good work Sterlingcoin Team and everyone involved !

[Sterlingcoin]

A quick update for the: Sterlingcoin Cryptocurrency Card Wallet - Premier Edition - project currently 'active' on the StartJOIN crowdfunding platform.

See: https://www.startjoin.com/slg_cc

15 backers - £379 pledged OF £1000 TARGET - 25 DAYS TO GO

Again, special thanks to all StartJOIN'ers who have pledged to this project thus far !

...

Some of the folks on StartJOIN liked our Sterlingcoin crypto cards project and asked us to submit a similar project for StartCOINs. So we did just that.

See: https://www.startjoin.com/startcoin_cc

Anyway, getting both of these projects successfully funded could probably allow a small UK based IT business to employ some new staff dedicated to production and sales for these crypto cards, as well as for some other upcoming products - only being produced for genuine and quality crypto currencies of course.

That's crypto currency in action ! Keep up the good work Sterlingcoin Team and everyone involved !

We're really looking forward to the end product, keep up the pledges on StartJOIN.

[PhilDwg]

I'm selling $30 worth of SLG at 5,000 sats through credit/debit card or PayPal if anyone is interested.

Join the SLG chatroom (http://webchat.freenode.net/?channels=sterlingcoin) if you want to buy, I have verified sales with others on IRC who would be willing to vouch that this is a legitimate offer.

[Sterlingcoin]

I'm selling $30 worth of SLG at 5,000 sats through credit/debit card or PayPal if anyone is interested.

Join the SLG chatroom (http://webchat.freenode.net/?channels=sterlingcoin) if you want to buy, I have verified sales with others on IRC who would be willing to vouch that this is a legitimate offer.

Why are you selling?

[Fierce]

why not sell on exchanges? I would buy but doesn't make sense to trust an individual when i can buy on exchange.. Also, I'm considering pledging more for the cryptocard but im cautious about paper wallets

[PhilDwg]

I'm selling $30 worth of SLG at 5,000 sats through credit/debit card or PayPal if anyone is interested.

Join the SLG chatroom (http://webchat.freenode.net/?channels=sterlingcoin) if you want to buy, I have verified sales with others on IRC who would be willing to vouch that this is a legitimate offer.

Why are you selling?

Because I want money for my coins, I'm sure I'll buy back in at some point.. 

[Sterlingcoin]

why not sell on exchanges? I would buy but doesn't make sense to trust an individual when i can buy on exchange.. Also, I'm considering pledging more for the cryptocard but im cautious about paper wallets

Why are you cautious with paper wallets? In case you lose it?

[Fierce]

potentially losing it, and also the concept to me is a bit confusing. I am a member of the DCC (digital currency council) and I was reading about how crypto can only be exchanged online in virtual wallets because that is the essence of the public ledger. I guess I don't understand how the funds are "loaded" on the card   

[Rols]

potentially losing it, and also the concept to me is a bit confusing. I am a member of the DCC (digital currency council) and I was reading about how crypto can only be exchanged online in virtual wallets because that is the essence of the public ledger. I guess I don't understand how the funds are "loaded" on the card  

A paper wallet is just a printing of your public key that everybody can use to send coin to you and your privat key that you need to keep away of people. Sometimes they are QR codes so you can scan them

So you should keep the paper in a very secure place.

[Sterlingcoin]

potentially losing it, and also the concept to me is a bit confusing. I am a member of the DCC (digital currency council) and I was reading about how crypto can only be exchanged online in virtual wallets because that is the essence of the public ledger. I guess I don't understand how the funds are "loaded" on the card   

When the coins are sent to the receive address on the paper wallet the address is created on the blockchain with the amount sent. To recover this address from the blockchain you enter the private key to your windows/mac/linux/raspberry pi wallets debug console like this:

importprivkey "ENTERPRIVKEYHERE" and hit enter

The address is then imported to the wallet with the balance of coins that have been preloaded/sent to that address.

Simples.

[Fierce]

Oh I see, so I will have a wallet address on the card that is obviously different than my sterlingcoin address on my pc. Then When I get the card I just import that new address into my existing wallet and then 50 sterling will be loaded into my wallet (ex for 15gbp pledge) Did i say that right?

[Sterlingcoin]

Oh I see, so I will have a wallet address on the card that is obviously different than my sterlingcoin address on my pc. Then When I get the card I just import that new address into my existing wallet and then 50 sterling will be loaded into my wallet (ex for 15gbp pledge) Did i say that right?

Perfect.

[BitcoinFX]

why not sell on exchanges? I would buy but doesn't make sense to trust an individual when i can buy on exchange.. Also, I'm considering pledging more for the cryptocard but im cautious about paper wallets

Hello Fierce,

Thank you for making a pledge for the Sterling crypto card wallet project on StartJOIN.

The process for generating the crypto card wallets pub.key (address) and priv.key (redemption code) are to be performed in a secure environment.

A new wallet.dat is first generated in an 'online' Sterlingcoin wallet to ensure the necessary key pairing. This networked PC is fully encrypted and uses an advanced P2P firewall. The individual wallet.dat is then copied securely to an encrypted USB drive and then to a fully redundant (always offline) PC. Only then is the "dumpprivkey" command used to extract the priv.key for the wallet address. The priv.key is printed directly onto the back of the card using an (always offline) redundant printer and is then immediately sealed with a tamper-proof-resistant hologram / unique bar coded sticker. All copies of the priv.key and wallet.dat are then destroyed using a military-grade DoD 5220.22-M file deletion process. This process will be certified on our future website dedicated to the crypto cards.

I will be the only person (or another certified person) who ever sees the individual priv.key and we are also working on additional quality assurance certification for the cards, which will be put in place when the project has the required funding.

There is a 'trust' element to this of course, as with the provision of any 3rd party product or service, although I am looking to implement extended security well above and beyond all other existing providers of paper wallets and crypto cards. It is certainly in my best interests to do this properly and to ensure the longevity of my future business. We will be ensuring as much transparency as possible throughout the process as well.

[Fierce]

why not sell on exchanges? I would buy but doesn't make sense to trust an individual when i can buy on exchange.. Also, I'm considering pledging more for the cryptocard but im cautious about paper wallets

Hello Fierce,

Thank you for making a pledge for the Sterling crypto card wallet project on StartJOIN.

The process for generating the crypto card wallets pub.key (address) and priv.key (redemption code) are to be performed in a secure environment.

A new wallet.dat is first generated in an 'online' Sterlingcoin wallet to ensure the necessary key pairing. This networked PC is fully encrypted and uses an advanced P2P firewall. The individual wallet.dat is then copied securely to an encrypted USB drive and then to a fully redundant (always offline) PC. Only then is the "dumpprivkey" command used to extract the priv.key for the wallet address. The priv.key is then printed directly onto the back of the card using an (always offline) redundant printer and is then immediately sealed with a tamper-proof-resistant hologram / unique bar coded sticker. All copies of the priv.key and wallet.dat are then destroyed using a military-grade DoD 5220.22-M file deletion process. This process will be certified on our website dedicated to the crypto cards.

I will be the only person who ever sees the individual priv.key and we are also working on additional quality assurance certification for the cards, which will be put in place when the project has the required funding.

There is a 'trust' element to this of course, as with the provision of any 3rd party product or service, although I am looking to implement extended security well above and beyond all other existing providers of paper wallets and crypto cards. It is certainly in my best interests to do this properly and to ensure the longevity of my future business. We will be ensuring as much transparency throughout the process as well.

Thank you for the detailed explanation. I understand much better now. There is an element of trust but it seems like you are taking all of the precautions and safeguards necessary for investors to feel at ease. I will pledge 100gbd to help the cause.

[BitcoinFX]

Thank you for the detailed explanation. I understand much better now. There is an element of trust but it seems like you are taking all of the precautions and safeguards necessary for investors to feel at ease. I will pledge 100gbd to help the cause.

Much appreciated and thank you.

I look forward to presenting updates for the crypto cards as we progress. I'm looking to have some finished production prototypes for the cards well before the end of the crowdfunding period and delivery of the cards to project backers is estimated before the end of Nov. 2014 - providing we meet the funding target of course.

[Fierce]

I have a feeling the funding target will be met! 

[BitcoinFX]

I have a feeling the funding target will be met! 

Lets hope so !

[pinkman12345]

Stop selling on bittrex so cheap!!