About the Albert Einstein 2015 1 Troy OZ Fine Silver one Bitcoin cent

Additional information regarding the Albert Einstein Ingenium Physical Bitcoin from Infinitum

The Ingenium series of luxury physical bitcoins expands with the addition of the Albert Einstein limited edition coin. This coin unlike its predecessor is funded with digital bitcoins and has a smaller limited product run of only 999 coins. The one troy ounce coin is minted to proof quality and antiqued by hand giving the coins raised relief more definition.

Collectors and bitcoin enthusiast from all over the world can today obtain a beautifully crafted physical bitcoin funded with the virtual currency. Be it a gift for a loved one, an investor seeking to gain in the resale markets, to those who are new in the world of bitcoin. No matter where you may reside, possessing an Ingenium coin, such a meticulous high quality physical bitcoin will simultaneously satisfy and drive your craving.

The Albert Einstein limited edition bitcoin is the perfect gift for an individual who appreciates fine detail and exclusive luxury, with a limited production run each coin comes with a numbered certificate of authenticity preserving its exclusivity and verifying existence.

The Albert Einstein limited edition is the second coin in the Ingenium series from Infinitum it comes funded with virtual bitcoins, the purchaser can simply scan the barcode on the reserve of the coin to add more virtual bitcoins to the physical coin, the Ingenium bitcoin comes complete with interference resistant hologram sticker positioned on the reverse of coin concealing the bitcoin private key within. Peal of the security hologram to retrieve the bitcoins.

The Ingenium bitcoin is obtainable in three modes:

Mode One – Infinitum Implemented Empty Wallet:
In this mode Infinitum will take care of generating a public address and private key known as an empty wallet. Infinitum will then print the keys, place them and apply the hologram to the reverse of the Ingenium bitcoin concealing the private key inside and leaving the public address barcode visible though the transparent window.

This mode comes with both a "Certificate of Coin Authenticity" and a "Certificate of Bitcoin Wallet Authenticity".

To find out more about the security and how we implement the offline wallet please visit our security page

Mode Two - Self implementation:
A Hologram sticker with a small transparent window is provided permitting the purchaser to generate and print out their own public address and private key then apply to the reverse side of the Ingenium bitcoin, using the hologram sticker to keep the key hidden.

This mode does not warrant a certificate of bitcoin wallet authenticity. Only the certificate of coin authenticity is supplied.

Mode Three - Two Factor Encryption BIP38:
This mode uses BIP38, a Bitcoin encryption method where the private key is encrypted with a password. This option is for advanced customers as such it requires the customer to send Infinitum an intermediate code which will allow Infinitum to generate the encrypted private key based on the password, without knowing the password. Generate an intermediate code at https://www.infinitumbitcoins.com/bit2factor/ or using the service of your choice. Once you have the intermediate code proceed through the buying process selecting ‘Mode Three’, during the buying process copy and paste the intermediate code when required to do so.

Infinitum will use the intermediate code to generate the encrypted private keys and associated public address. We then place them on the coin, apply the hologram to the reverse of the coin concealing the encrypted private key inside, leaving the public address barcode visible though the transparent window.

Mode three comes with a 'Certificate of Bitcoin Wallet Authenticity' with the wording 'TWO FACTOR' written across the top and the text 'Password required' under the bitcoin public address.

To fund the coin simply send bitcoins to the public car code address on the reverse of the coin as normal.

To redeem your funds you will need to know the password and enter it into a service such as https://www.infinitumbitcoins.com/bit2factor/ where it is possible to decrypt the private key secured behind the coins hologram sticker. The password must be entered to decrypt.

The two factor private key process is really for advanced users who understand encrypted keys. If you misplace or forget the password then all funds on that bitcoins address will be lost.

The advantage BIP38 or two factor encryption is that we Infinitum can never know the actual public key address as we do not have the password to decrypt it. It provides a high level of security.

About the Einstein Coin Design

Albert Einstein Ingenium physical bitcoin follow the design style from the Da Vinci coin. The obverse (front) of the coins has a heavy carving gives almost sculpture likeness to a portrait of Albert Einstein. The coin sets Einstein front and centre, deep embossed text reads 'One Bitcoin Cent - One Troy Oz Fine Silver' around the perimeter of the coin, In a smaller font it reads 'Albert Einstein 1879 – 1955' adjacent to his portrait.

The reverse of the coin reads 'Ingenium 2015' then followed by a quote "Pure mathematics is, in its way, the poetry of logical ideas". The Bitcoin 'B' sits proudly on the centre of the coin, along with micro text repeating the word 'Bitcoin' across the centre of the coin. Additional text 'Not Legal Tender of Any Government' is just left of centre and finally the name 'Einstein' brings it home.

Albert Einstein
Albert Einstein (14 March 1879 – 18 April 1955) was a German-born theoretical physicist. He developed the general theory of relativity, one of the two pillars of modern physics alongside quantum mechanics. Einstein's work is also known for its influence on the philosophy of science. Einstein is best known in popular culture for his mass–energy equivalence formula E = mc2 (which has been dubbed "the world's most famous equation"). He received the 1921 Nobel Prize in Physics for his "services to theoretical physics", in particular his discovery of the law of the photoelectric effect, a pivotal step in the evolution of quantum theory.

He was visiting the United States when Adolf Hitler came to power in 1933 and, did not go back to Germany, where he had been a professor at the Berlin Academy of Sciences. He settled in the U.S., becoming an American citizen in 1940. On the eve of World War II, he endorsed a letter to President Franklin D. Roosevelt alerting him to the potential development of "extremely powerful bombs of a new type" and recommending that the U.S. begin similar research. This eventually led to what would become the Manhattan Project. Einstein supported defending the Allied forces, but largely denounced the idea of using the newly discovered nuclear fission as a weapon. Later, with the British philosopher Bertrand Russell, Einstein signed the Russell–Einstein Manifesto, which highlighted the danger of nuclear weapons. Einstein was affiliated with the Institute for Advanced Study in Princeton, New Jersey, until his death in 1955.

Einstein published more than 300 scientific papers along with over 150 non-scientific works. On 5 December 2014, universities and archives announced the release of Einstein's papers, comprising more than 30,000 unique documents. Einstein's intellectual achievements and originality have made the word "Einstein" synonymous with "genius".