Pages:
Author

Topic: Bitcoin Checks : R3 - page 3. (Read 13562 times)

sr. member
Activity: 294
Merit: 250
July 14, 2012, 01:08:09 AM
#94
You can't, which is why Bitcoin checks should only be used between trusting parties, just like regular checks.  Stores won't accept a regular check without seeing your driver's license (most of the time), and I imagine it would be a similar requirement for Bitcoin checks, if they were to ever accept them.
This times one thousand.
Regular checks have the same issues, plus the possibility of bouncing. As a cashier, I have only had a customer attempt (we don't take personal checks) to pay with a personal check one time in five years. It's just too risky, so no business accepts checks at the point of sale.

To improve security, you could use custom-made tamper evident hologram stickers like Casascius uses (although that may require significant investment).
legendary
Activity: 1400
Merit: 1005
July 13, 2012, 03:28:55 PM
#93
cheque was in the mail today. looks okay, but I probabyl wouldn't accept one for larger sums. the check itself seems still too easy to fake, the sticker can be bought by everyone, and I don't see the "artificial watermark" on the back. The only thing (besides the second sticker) that could be meant by it are some white letters on a grey background.
final verdict: would accept one for up to 20 fiat from a normal looking stranger.

from here https://bitcointalksearch.org/topic/1-year-anniversary-of-ibb-free-physical-bitcoin-cheques-89723
So the question is, How do I distinguish/protect against counterfeits...
You can't, which is why Bitcoin checks should only be used between trusting parties, just like regular checks.  Stores won't accept a regular check without seeing your driver's license (most of the time), and I imagine it would be a similar requirement for Bitcoin checks, if they were to ever accept them.
full member
Activity: 154
Merit: 100
July 13, 2012, 03:18:42 PM
#92
cheque was in the mail today. looks okay, but I probabyl wouldn't accept one for larger sums. the check itself seems still too easy to fake, the sticker can be bought by everyone, and I don't see the "artificial watermark" on the back. The only thing (besides the second sticker) that could be meant by it are some white letters on a grey background.
final verdict: would accept one for up to 20 fiat from a normal looking stranger.

from here https://bitcointalksearch.org/topic/1-year-anniversary-of-ibb-free-physical-bitcoin-cheques-89723
So the question is, How do I distinguish/protect against counterfeits...
sr. member
Activity: 294
Merit: 250
July 10, 2012, 07:35:13 PM
#91
Got my dozen today, thanks
hero member
Activity: 742
Merit: 500
July 10, 2012, 05:57:43 PM
#90
Comcast wants a $100 installation fee just for some clown to come out and switch out my modem. So instead I am relaying my mail through Gmail, and everything is back to normal now.
Really? My business class only cost $50 to setup and I complained and got it done for free.
full member
Activity: 154
Merit: 100
July 09, 2012, 10:11:03 PM
#89
My links have changed in anticipation for an SSL cert. (no more sub-domains)
full member
Activity: 154
Merit: 100
July 07, 2012, 02:58:55 PM
#88
Comcast wants a $100 installation fee just for some clown to come out and switch out my modem. So instead I am relaying my mail through Gmail, and everything is back to normal now.
full member
Activity: 154
Merit: 100
July 06, 2012, 12:44:27 PM
#87
So Comcast is blocking my email because I dont have Business class service. I can still receive orders, but recent orders will need to be resubmitted. (After 07/04/12)

ES000001 :: Mail to Comcast is rejected and is returned with an error message containing the code ES000001. What does this mean?

You have been blocked from sending to the Comcast network because we have determined that you are sending email from a dynamic/residential IP address within the Comcast domain. Comcast does not allow subscribers to send email from email servers other than smtp.comcast.net.
Just set up a quick relay on a VPS somewhere, and make sure it requires authentication. Either that or see if Comcast will relay your mail without mangling it too bad.
I am just handling the email on my server for the moment until I get my Internets upgraded and can send them out again.

PS. This also means that customers will not receive a CC of their order now since all of my outbound mail is being blocked.
rjk
sr. member
Activity: 448
Merit: 250
1ngldh
July 06, 2012, 09:19:48 AM
#86
So Comcast is blocking my email because I dont have Business class service. I can still receive orders, but recent orders will need to be resubmitted. (After 07/04/12)

ES000001 :: Mail to Comcast is rejected and is returned with an error message containing the code ES000001. What does this mean?

You have been blocked from sending to the Comcast network because we have determined that you are sending email from a dynamic/residential IP address within the Comcast domain. Comcast does not allow subscribers to send email from email servers other than smtp.comcast.net.
Just set up a quick relay on a VPS somewhere, and make sure it requires authentication. Either that or see if Comcast will relay your mail without mangling it too bad.
full member
Activity: 154
Merit: 100
July 05, 2012, 09:21:12 PM
#85
So Comcast is blocking my email because I dont have Business class service. I can still receive orders, but recent orders will need to be resubmitted. (After 07/04/12)

ES000001 :: Mail to Comcast is rejected and is returned with an error message containing the code ES000001. What does this mean?

You have been blocked from sending to the Comcast network because we have determined that you are sending email from a dynamic/residential IP address within the Comcast domain. Comcast does not allow subscribers to send email from email servers other than smtp.comcast.net.
sr. member
Activity: 294
Merit: 250
July 05, 2012, 05:05:34 PM
#84
I just purchased 6, for I really like these things Smiley
full member
Activity: 154
Merit: 100
July 04, 2012, 08:41:22 PM
#83
I've been thinking about multi-signature checks. Maybe have a "pairing keys" on each to verify the owner of the other key maybe? IDK, just a thought.
full member
Activity: 154
Merit: 100
June 22, 2012, 04:47:42 PM
#82
hero member
Activity: 533
Merit: 501
June 22, 2012, 10:13:07 AM
#81
I got my sample today, thanks. Only 5 days to cross the Atlantic via snail mail !
I aggree with enmaku: the "see through" weakness is serious and was clearly identified by Bitbills when they first came out. You want to double the metal hologram sticker with one on the back. I remember the Bitbills guy explaining how he had tested an electronic microscope in its "see through" capacity. Only a dual metal layer can mitigate the risk albeit not entirely.
Right, I thought having a full key would cut down the risk, but not so much. Every check will now have stickers on the back as well. Right now I only have scratch off stickers, but the ones on the back will be replaced by standard non-scratch off holograms in due time.

The full key checks (R1s) will still be available, but by request only, Because nobody wants to type a key that long...

Yep, I went through the same consideration. It is way too easy to see through the paper on the reverse side with a bright light, and so I do holograms on both sides.

Be careful with scratch off stickers. I found that most were removable from the glue layer by applying a little warmth. My first tries were with them, and I was able to successfully take off the scratch off sticker and then re-apply without any issue.

I am currently using these stickers:
http://www.ebay.com/sch/i.html?_trksid=p5197.m570.l1313&_nkw=Hologram+Label+Tamper+Evident+25mm+square&_sacat=0

They are not outstanding, but they do a good job of falling to pieces when you try to remove them. I put a small white square of paper over the qr code for the private key to prevent the hologram from remaining on the actual code.

The downside is that as you can see they are easy to purchase and replace by the hacker.

If you want to go hard core, contact casascius, https://bitcointalksearch.org/user/casascius-2676. He has been working with a company on custom holograms that he could be the central provider of that would have a thermal overprint of your company name. This would be very difficult to forge, and so would prevent the problem of a user scraping off the private key cover and then replacing it with a brand new sticker.

Since double stickering means doubling the costs of holograms, you will realize that this gets expensive fast, and in fact making coins and single stickering is cheaper. You might want to consider this route, and again casascius it the man to talk to. It turns out that coins are cheaper to make than holograms, and people like them more, so it is a win-win. If I sold more of my stock, I probably would go down that route as well, but I really don't sell enough to invest in the bulk order of coins. You may also want to look at plastic cards. They can look good, and if you make them thick enough, and dark enough on the reverse, the private key might not be able to be viewed (experimentation needed here).

In any case, good luck! I would love to see more people making physical forms for passing bitcoins along. One of the problems bitcoin has regarding street-corner purchasing is its need for network access and the lengthy amount of time for a transaction to be recorded (I curse satoshi ever time I am trying to give someone bitcoins and we end up twiddling our thumbs for 10 minutes waiting). It also has the nice side effect of transactions being even more anonymous as they happen outside of the blockchain.

I expect that one day when bitcoin becomes a common currency for transaction, there will be many styles of bills, coins, and cards floating about much like the days before the central banks where currency was being printed on a local level.

What exciting times.
full member
Activity: 154
Merit: 100
June 20, 2012, 05:10:23 PM
#80
I got my sample today, thanks. Only 5 days to cross the Atlantic via snail mail !
I aggree with enmaku: the "see through" weakness is serious and was clearly identified by Bitbills when they first came out. You want to double the metal hologram sticker with one on the back. I remember the Bitbills guy explaining how he had tested an electronic microscope in its "see through" capacity. Only a dual metal layer can mitigate the risk albeit not entirely.
Right, I thought having a full key would cut down the risk, but not so much. Every check will now have stickers on the back as well. Right now I only have scratch off stickers, but the ones on the back will be replaced by standard non-scratch off holograms in due time.

The full key checks (R1s) will still be available, but by request only, Because nobody wants to type a key that long...
legendary
Activity: 1221
Merit: 1025
e-ducat.fr
June 20, 2012, 03:42:58 PM
#79
I got my sample today, thanks. Only 5 days to cross the Atlantic via snail mail !
I aggree with enmaku: the "see through" weakness is serious and was clearly identified by Bitbills when they first came out. You want to double the metal hologram sticker with one on the back. I remember the Bitbills guy explaining how he had tested an electronic microscope in its "see through" capacity. Only a dual metal layer can mitigate the risk albeit not entirely.
sr. member
Activity: 364
Merit: 250
June 20, 2012, 05:30:47 AM
#78
Are you still giving some for free?
I would like to try them first and then buy some for professional use.
Since I have new checks, I very well might do new samples.

That would be very nice to try thanks Smiley
full member
Activity: 154
Merit: 100
June 19, 2012, 05:46:10 PM
#77
Are you still giving some for free?
I would like to try them first and then buy some for professional use.
Since I have new checks, I very well might do new samples.
sr. member
Activity: 364
Merit: 250
June 19, 2012, 05:42:32 PM
#76
Are you still giving some for free?
I would like to try them first and then buy some for professional use.
full member
Activity: 154
Merit: 100
June 19, 2012, 05:37:21 PM
#75
New checks are ready! Also merchants can get their logos added easily for a more custom experience.

(Valid firstbits will be printed on all released checks)
Pages:
Jump to: