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Topic: [Blog Post] Our Discovery in Vienna – The Bitcoin Card - page 2. (Read 2952 times)

legendary
Activity: 1708
Merit: 1010
Great post, but I still have questions....

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    First off, all those present were required to sign an NDA specifically related to the more obscure technical details (the explicit technology used in the device). Much of this technology is proprietary to Megion, and is not available anywhere in the world. Everything apart from explicit technological details we are permitted (and encouraged) to convey and communicate about.


Can you tell me if the mesh network uses any existing tech, such as Dash7?

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    The mesh-network range of the device is 200-300 meters in open air, less if there are walls or other interferences.


Excellent, this is the practical minimum of an urban mesh network, in my opinion.

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    Some people on the forums have (probably correctly) said that the alleged features of this card are impossible using any existing technology. This is because Megion’s technology is not available on the market. Again, Megion’s engineers developed many of the components in-house. What is in this card is better technology than what is available in the marketplace.


I doubt this statement.  As a ham myself, I've seen some pretty wicked tech that is hard to find in any commercial marketplace; but that doesn't mean that it couldn't in a hurry.

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    The devices hold private keys on them. These can be backed up via the company’s website, but it is not necessary to ever interface with the company in order to use the device. In other words, someone can use the device anonymously and without creating any accounts anywhere.


This feature concerns me.  I'd rather have a device that was not replicateable at all than one that permits the company to do it via a distant server.  Even if the device asks for user permission, that does not mean that it must.

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    If you lose the card and have not backed up the keys, your money is gone.


Which would make it no different than a regular wallet.

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    The cards will cost, based largely on production quantities, in the range of $10-$25 each (retail).


Not as cheap as I had hoped, but not unreasonable.

An unaddressed question.  In the video it mentions the capacity to send arbitrary text from card to card (text messaging), did you see evidence that this feature is real?
REF
hero member
Activity: 529
Merit: 500
Wow, I didn't even have to click through a dozen reddit links to actually see the content! This is great!
+1

I like the design and colors but at this point its such a minor detail. Nice blog font on those bullet points is a little small. Market range of $10-25 sounds great. Backing up the private key is nice but who really cares? This is a replacement for cash/debit cards. We should be happy with any extra security, with just there online back up this is already safer then cash/debit. I want my solar panels! 60% chance they wont be there. If it requires movement or flexing to use then we can tape them to objects/trees around our neighbor hood to expand the network.

Do they have a website set up for there company Megion Technologies GmBH?
legendary
Activity: 1708
Merit: 1010
get rid of the colors.  just black and white like an ipod.


My wife like the colors. Told me that looks "japanese".


It does in a way.  I'm sure that different designs will be popular in different regions.  After all, an image of Karl Marx is popular on credit cards in Germany.  Could be because the users like to rub his face in it, literally.  Could be because they used to have his face on the 100 Mark note.
legendary
Activity: 1106
Merit: 1001
It should also have some kind of robust security feature, like a thumb print scanner or at least a password, so that if you lose it someone else can't spend your coins.
legendary
Activity: 1193
Merit: 1003
9.9.2012: I predict that single digits... <- FAIL
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The devices hold private keys on them. These can be backed up via the company’s website, but it is not necessary to ever interface with the company in order to use the device.
If you can't back it up yourself, it's a weakness. It should be able to display the private keys or a seed on the screen so you could take a picture of it.
legendary
Activity: 1008
Merit: 1023
Democracy is the original 51% attack
Photo 400 pixels wide and 2.82 Mb in size ? Sorry, but you are doing it wrong Smiley

The rest of the article looks cool.

Hehehe true, but you can open the image in a new window for the full high res version so it's not a total waste of precious bandwidth Smiley
sr. member
Activity: 350
Merit: 250
Per aspera ad astra!
Very impressed with the details. Definitely want one.
hero member
Activity: 742
Merit: 500
Photo 400 pixels wide and 2.82 Mb in size ? Sorry, but you are doing it wrong :)

The rest of the article looks cool.
hero member
Activity: 931
Merit: 500
get rid of the colors.  just black and white like an ipod.


My wife like the colors. Told me that looks "japanese".
legendary
Activity: 1078
Merit: 1000
Charlie 'Van Bitcoin' Shrem
Wow, I didn't even have to click through a dozen reddit links to actually see the content! This is great!

hahaha...I know what your referring to!
legendary
Activity: 1500
Merit: 1022
I advocate the Zeitgeist Movement & Venus Project.
Wow, I didn't even have to click through a dozen reddit links to actually see the content! This is great!
hero member
Activity: 668
Merit: 501
get rid of the colors.  just black and white like an ipod.

otherwise, nice option.
i suspect the user interface is still "beta" and for developer interaction.
legendary
Activity: 2282
Merit: 1050
Monero Core Team
Sounds very exciting. Here is my question: Can the keys be backed up to a computer / server under the user's control? 
legendary
Activity: 1764
Merit: 1002
get rid of the colors.  just black and white like an ipod.

otherwise, nice option.
legendary
Activity: 1316
Merit: 1000
Varanida : Fair & Transparent Digital Ecosystem
Cheers, It's looked so cool
full member
Activity: 196
Merit: 100
Bitcoin is a food group.
WANT. NOW. The future awaits....

Edit: is there any dev site for this currently?
legendary
Activity: 1078
Merit: 1000
Charlie 'Van Bitcoin' Shrem
Beautifully written by Erik Voorhees along with a few pictures.

http://blog.bitinstant.com/blog/2012/6/19/our-discovery-in-vienna-the-bitcoin-card.html

Enjoy

Charlie
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