This is an interesting idea. Reminds me of those physical coins (Casascius) we used to see.
Question… Once you generate the seed, how do you send bitcoin to/from it? I’m assuming you need to use a software wallet and use the pill to sign transactions? This wasn’t clear to me after reviewing the website and video.
The most important thing when designing a device for beginners is to make it intuitive so they understand it quickly and don’t feel intimidated.
I would recommend hiring a writer to improve the onscreen instructions/prompts and to help make the steps super clear.
You may have something very useful here. Nice work so far.
Thanks for your opinion. Let's say today's 💊 Status requires initial knowledge from user, but for now is the MVP and don't requires external SW.
Sender uses the 💊 until xpub is generated and then using a SWwallet import it and fund it with BTC.
Receiver unlocks the 💊 and imports the 24 words on a SW Wallet.
On near future we will develope an app for those new
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Question… Once you generate the seed, how do you send bitcoin to/from it? I’m assuming you need to use a software wallet and use the pill to sign transactions?
It does not work as an hardware wallet, emulating a keyboard it outputs the xpub and the mnemonic seed. With the first you can check the balance and generate deposit addresses; with the last you can configure a new spending wallet.
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I think it’s very useful
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Ah, I see. How much do you think this device will retail for?
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We are designing to make it as affordable as possible, also open source, the intention is that anyone can buy one or more.
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I don't know but it's a good question! You should ask to @gzoo
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