I m confused
1.You create an address with lets say 50LTC
2.You create the physical coin with part of the address being visible and the remaining part as well as the private key being printed in a hidden
area of the coin.
Am i missing something about the process of making these coins?
Topic: [POLL] What denomination of physical Litecoins would you like to buy? - page 3. (Read 7648 times)
April 22, 2013, 02:35:07 PM
April 22, 2013, 11:38:15 AM
Bump to the top.
Thanks for the feedback everyone. It seems most people like the 50 LTC denomination. That is understandable/expected since its a better value.
I noticed a couple have said its too expensive- the price could come down a bit if the exchange rate goes up by the time I have them made. Also, the price is an estimate as I'm not sure of the complete manufacturing costs yet.
After thinking about it, I will most likely not do any preorders but it still a possibility.
Thanks for the feedback everyone. It seems most people like the 50 LTC denomination. That is understandable/expected since its a better value.
I noticed a couple have said its too expensive- the price could come down a bit if the exchange rate goes up by the time I have them made. Also, the price is an estimate as I'm not sure of the complete manufacturing costs yet.
After thinking about it, I will most likely not do any preorders but it still a possibility.
April 22, 2013, 03:49:16 AM
I added likely costs for each coin and edited the relating poll choices, also added a too expensive option even though I'm not sure I can trim costs much more.
The prices are subject to change and are only an estimate.
I am not taking preorders at this time, but maybe in the near future.
The prices are subject to change and are only an estimate.
I am not taking preorders at this time, but maybe in the near future.
April 22, 2013, 01:23:24 AM
Can you expand on "physical" litecoins?
Do you mean a silver bullion coin with the logo above? How does that contain the Litecoins if you don't mind expanding on this?
Do you mean a silver bullion coin with the logo above? How does that contain the Litecoins if you don't mind expanding on this?
The first characters of the Litecoin address will either A. be printed on the hologram or B. be under a see through window in the hologram. That way you can verify there are funds in the address of the Litecoin on any block explorer.
The private key to that address will be hidden under a tamper proof hologram. When someone wants to spend the Litecoins, they would peel off the hologram to find the private key underneath. You can use this private key to redeem your Litecoins in your wallet.
The first round of coins will not be silver bullion, as I don't have the money. I am hoping to expand into silver on later runs. The first round will be some sort of silverish metal (yet to be decided) or faux silver.
April 22, 2013, 01:18:47 AM
Can you expand on "physical" litecoins?
Do you mean a silver bullion coin with the logo above? How does that contain the Litecoins if you don't mind expanding on this?
Do you mean a silver bullion coin with the logo above? How does that contain the Litecoins if you don't mind expanding on this?
April 22, 2013, 01:10:01 AM
Keep in mind this design is a rough draft. Edges/spacing might not be exact. The coin will look better when minted and in its 3d shape and metal shine. 
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