Pete_Winn on Nostr: Jan 03 - Proof of Keys Game This year I set the kids a challenge to teach key ...
Jan 03 - Proof of Keys Game
This year I set the kids a challenge to teach key management :)
1. We create a brand new bitcoin seed each (12 words)
2. We deposit $365 of bitcoin to each seed ($1 a day)
3. Each kids has to secure these 12 words for 1 year from their parents.
4. If they can recover the wallet in 1 year they get the bitcoin as spending money.
5. If we (or anyone else!) discover it bitcoin gone, lessons learned.
Will do check ins every 3 months I think and I'll slowly add in various approaches to how to secure things as we go.
Oldest is 10 so this is serious money to them :)
They are very excited for this :)
#bitcoin #ProofofKeys
This year I set the kids a challenge to teach key management :)
1. We create a brand new bitcoin seed each (12 words)
2. We deposit $365 of bitcoin to each seed ($1 a day)
3. Each kids has to secure these 12 words for 1 year from their parents.
4. If they can recover the wallet in 1 year they get the bitcoin as spending money.
5. If we (or anyone else!) discover it bitcoin gone, lessons learned.
Will do check ins every 3 months I think and I'll slowly add in various approaches to how to secure things as we go.
Oldest is 10 so this is serious money to them :)
They are very excited for this :)
#bitcoin #ProofofKeys