XMR bankroll @ 12,000 right now! Let's push it up to 20k.
I am tempted to invest more XMR @ CCD, but I dislike putting a more substantial amount of my coins in someone else's "hands."
Bobbax, it is not a personal dig on you that I am a bit wary. Can you provide Investors with more reassurance about the security of our coinage?
I really like the site and I appreciate your efforts, just looking for more info on you and how you will ensure Investors' coins are safe.
Thanks!
No problem, that's absolutely fair from you to ask for a warranty.
I'm using a 2 levels cold-storage:
- 1 cold-storage address to refund frequently the Hot-Wallet.
- 1 deep-cold-storage address. Funds will sleep on this address and are going to be sent only if the HotWallet+Cold-storage have not enough funds anymore to generate a rotation.
However, I'm not using the deep-cold-storage yet as I have not enough coins invested.
Currently, these are the DOGE & XMG cold-addresses:
-
https://dogechain.info/address/DBLZHBL89KbMrD3aguP6696FHhjBjZ1ojF-
https://chainz.cryptoid.info/xmg/address.dws?9CMmZMcXCpNiozyjixPJvs2FTWb89SsQyT.htmFor Monero, it's hard to provide a proof-of-reserve because of the anonymity.
I don't know any commands or block chain explorer able to show an address balance.
So what's the plan ?
My idea with Monero is to setup 2 cold-storage addresses, then once per week, I transfer 100% of the coins an address to an other, including a specific payment ID to the transaction.
You're shown the payment ID before the transfer, then I make public the transaction hash.
Through the TxID & PayID, peoples can check the quantity of cold-coins, and the authenticity of the transaction.
Until someone provide a better and viable idea, I'll use mine.
Here the next Payment ID: d3d5e44a1a07559f4e4d51f31457e01aba5a138be4c2b6b28e0f0c00c9688cd0
I'll transfer during the night (in few hours), then post the TxID here.
I hope this method works.