Hey guys, as a few of you may know, Wearable Keys has been on my todo list forever. I finally got around to doing some tests, and have finally got decent results so I figured I'd share. Of course you can expect better in the near future as I figure out a few technical details that I'm missing.
I really liked that Charlie Shrem had his private keys inscribed into the inside of his ring, but I had never got around to figuring out how to do it feasibly. Now that I've figured out how to do it for myself, assuming I get better at it, I'll probably end up making wearable keys for the public. Rings are simple enough, I've got an idea for a pendant that sort of resembles the 25 BTC Cassascius coin, as that was what I planned on doing with one if I ever got one.
Pros:
Metal inconspicuous paper wallet that you habitually carry, fire resistant, and convenient.
Current problems:
I've still got a bit of research to do on key formats. Preferably I don't want to engrave 64 characters. I know that minikey formats exist but I'm going to have to figure out what the best option is.
As far as security goes, there are a few issues. Charlie's ring was lacking one character from the inscription that he just remembered. I think inscribing encrypted keys is probably also a winning idea. I have a few ideas on how to obscure the keys once inscribed, but they are really stupid as of now. If I decide to prefund them and give different pieces different BTC values, that would probably have to go on the pendants as it'd be kind of stupid to get a ring that isn't your size that you can't conveniently carry around.
Anyway please let me know what you think. I welcome the harshest of criticism and the toughest questions, because they may lead me to figure out a few solutions to the current problems.