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- Oct 17, 2021
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Earlier today this idea popped into my head so I wanted to post it here to see what some of you with more experience in business thought of this.
I came up with an idea for a service where I go to peoples houses locally and create a cryptocurrency wallet for them that has zero chance of being compromised when it is created. The reason I though about posting this is because right now there is a lot that could go wrong to where your private key is compromised during the creation of a wallet that stores your crypto currency.
For instance there are wallets like Metamask where you download the software and it quickly creates a wallet (public / private key) for you. Well when it does this creation, it makes calls over the internet to whatever blockchain you are creating a wallet on. problem is though, is that these calls over the internet are open to being compromised.
The difference my service would make is that there is no involvement of the internet when your keys (wallet) are created. So you know that there is no chance you private key was compromised. Provided you trust me to not being stealing the private keys when I create them for you.
Anyways, would love to hear feedback on this. Maybe this is too niche and people would not want it. In terms of cost I was just thinking like $100 or something as a charge due to drive time, cost of maintaining the computer plus some other things that are required to make it work technologically. Could be cheaper but I don't know what something like this is worth.
I came up with an idea for a service where I go to peoples houses locally and create a cryptocurrency wallet for them that has zero chance of being compromised when it is created. The reason I though about posting this is because right now there is a lot that could go wrong to where your private key is compromised during the creation of a wallet that stores your crypto currency.
For instance there are wallets like Metamask where you download the software and it quickly creates a wallet (public / private key) for you. Well when it does this creation, it makes calls over the internet to whatever blockchain you are creating a wallet on. problem is though, is that these calls over the internet are open to being compromised.
The difference my service would make is that there is no involvement of the internet when your keys (wallet) are created. So you know that there is no chance you private key was compromised. Provided you trust me to not being stealing the private keys when I create them for you.
Anyways, would love to hear feedback on this. Maybe this is too niche and people would not want it. In terms of cost I was just thinking like $100 or something as a charge due to drive time, cost of maintaining the computer plus some other things that are required to make it work technologically. Could be cheaper but I don't know what something like this is worth.
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