Topic: [ANN/PoC] Coldkey Cryptobond - FIRST Timelocked Physical Bitcoin - page 3. (Read 2213 times)

Normally it gets moved anyways to here since it would be labeled “off topic”.

Edit: hahah why the hell would you “report” it? Is that offensive to you?

I hate to sound like those who i actually report but this is really an amazing project. But why do you keep it only in the collectables board? Not so many people come here, so it's very limited exposure, sure you share it with the guys you know fir testing, but projects like that should be on the first page, really.

Oh damn, I love the concept! Yay, this is something Andreas talked about about 2+ years ago and it stuck in my mind as a sure-fire safing-option for BTC, but I haven't heard about it since then.

Yogg, Outstanding execution of a brilliant concept. I imagine the market for these could, in due time, extend far beyond the current collector circles as an alternative to a CD. I, for one, would like to gift these to many young family members.  That said, I'm hoping production isn't overly limited. Care to share any insight regarding potential issuance?

Very confusing to call it a bond. Where's the income?
Are opendimes not considered physical bitcoin? idk

Glad to be on board for a testing review.

"Coldkey Cryptobond - FIRST Timelocked Physical Bitcoin"
Lovely idea of yours, Go Coldkey.

Cant wait to have one of these in my hands. Sounds super interesting and gl for your project. And congrats to the happy tester to get in touch with this new project.
If I can help you out with anything which is in my power, just hit me up.


Lets gooooooo 

Hello everyone !

Woaw..
Thanks so much for your warm welcome to our latest project !!
It's amazing !! Thank you.
I am also grateful to the members who are going to try out the Cryptobonds and share their experience with these.

It's a relief to witness that, our innovations are truly in phase with what some of you were looking for, and in a broader manner, what would the market look for.
We can, and will, do many things playing around with these technologies.

Thanks much everybody for your support !

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I am currently making the Test Cryptobonds as of now.
I'll post pics of them before shipping.

The 1st one will expire on the block #622,800, which according to my calculations will be mined around the 23rd of March 2020.
Then, every test Cryptobond will expire 144 blocks from another, which is ~1 day (~24hr) in Bitcoin time.

This should leave enough time for shipping, and initial tests.

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Absolutely. There is quite a few.
However I am confident that if Bitcoin keeps running as it did during the last 10 years, Cryptobonds will work as intended.
They're like a "bitcoin smart-contract".
I think 60sat/b will always validate an ~80b tx;
if not, and if it is financially interesting to do so, add a little bit on top to help motivate a miner so he includes the locked tx in a block.

Anyway, we will all know very soon what to expect when the test Cryptobonds arrive.

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Thanks for your kind words !
Well, that would be one use of Cryptobonds for sure !! 18 years from now is quite so time ahead, it's almost twice as much as the whole BTC life so far.
If you think that BTC will keep on running like it does today, and that it will increase in value, then yes;
Cryptobonds are definitely a great way to pass on some crypto to close relatives and make sure they can't spend it in the meantime.

This is awesome i hope they test well as i want one asap locked until my 17 month olds 18th bday lol

You've killed it Yogg! This is a great concept! 

Shit the bed Yogg! That's pretty damn cool!

Well done Yogg! Keep up the good work! 

that's really awesome man!

Looking forward to them

For further reading, Using Locktime for inheritance planning, backups or gifts is a good start. There are some possible drawbacks in this. It doesn't have to be a show stopper, but it's good to be aware of them.

Great Idea Yogg, Can't wait to order few of these.

Really looking forward to these yogg!!

Awesome stuff yogg! Love me some timelocked corns of this kind (been waiting to see something come out). Will look forward to finalized product

I searched for such easy-handling timelocked wallet like this already last year as gift for my newborn godchild. now I put this idea in practice in 'old-school-fashion' using an 'ordinary wallet' and trusting its parents that they don't plunder the wallet before its 18th bday 

Love the idea. Been wanting to make a digital version of this for a while now, but haven't had time to properly research it. This is a great way to gift BTC to newcomers and 'forcing' them to hodl.

Amazing!! Should rename to HODLbonds, because you don't have a choice but to hodl