Global Feed Post Login
Replying to Avatar Pete Winn 🔆

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

Avatar
Pete Winn 🔆 1y ago

Inspired by the recent podcast with nostr:npub1p4kg8zxukpym3h20erfa3samj00rm2gt4q5wfuyu3tg0x3jg3gesvncxf8 and nostr:npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev

“We should teach private key management in school”

https://pca.st/episode/d90befc9-c551-4a32-beec-9bfa037a1a6b

Reply to this note

Please Login to reply.

Discussion

Avatar
Pete Winn 🔆 1y ago

The most interesting things about this was handing my son a seed words and him saying

“but Dad.. this has the letters I and L in it. They shouldn’t be there it’s supposed to be base58”

I was quite surprised - lol

nostr:npub1vmpf90hq56wzyxht6teg3llpa74rzcepw9suj5unxl3tph24zd4qgtxhm7

Thread collapsed