Crosspost from Reddit:
Mycelium has been running the
Indiegogo fundraiser for the Entropy device for a few weeks now, and we were really trying to avoid something like preorders (this was more of a fundraiser to see if there is enough market demand), and using BTC (due to issues others have had where the price of BTC skyrocketed while devices were delayed).
However, we have received tons of requests from people wanting to support us using bitcoin, so we gave in and added bitcoin links to our Indiegogo site. I have also included them here directly for convenience:
*
$15 - Get a Mycelium t-shirt*
$40 - Get a Mycelium Entropy device*
$50 - Get a Mycelium Entropy device, and a t-shirtWe were overwhelmed by the success of our Indiegogo campaign. We set modest goals, to be sure to reach them and start producing, but we still need help and support to get these devices made. We will absolutely make sure that this project succeeds, and are even willing to use our own personal funds to get this project done, but anything extra we can get will help us a lot. We are still on target to start shipping by October. Since Indiegogo sends you the money as soon as you hit the goal, instead of at the end of the campaign (like Kickstarter), we have already transferred the money to our European bank account, and are in the process of negotiating the manufacturing order.
In other Mycelium news:Mycelium will be at the
Cryptolina conference in Raleigh, NC this weekend, August 15-16th, where I will be demonstrating our Mycelium Entropy device live, and **showing off the new
BIP32/HD wallet feature in our Mycelium Wallet.** For those who don't know, this will allow you to back up all your bitcoin addresses using only one key (as opposed to making a separate backup for each address), and will make the wallet use a different change address for every transaction, greatly improving security and anonymity. This should also make managing addresses easier, and will allow us to implement CoinJoin for greatly improved anonymity (what
DarkWallet uses) and make implementing the
BIP70 Merchant Payment Protocol possible (which will make paying for things much easier, resolve some issues with who pays the fees, and help make 0-conf transactions more secure). We are getting really close to finishing it, and I for one am very excited.