Capture Coins is a skill-based challenge where you answer questions to find a wallet's seed.






Question: What's a Capture Coins challenge?

Answer: You answer questions to find a wallet's seed.


Question: How do I find the right seed?

Answer: The seed is composed of answers to a set of questions. Try the demo to see how it works.


Question: Where is the challenge stored?

Answer: A challenge is completely IOTA-based. The questions are stored in the Tangle as data. The answers (seed) are part of the Tangle's wallet system. The token is inside the wallet.


Question: Does Capture Coins (itself) create any of the challenges?

Answer: No. Capture Coins just provides an interface to the Tangle.


Question: Does Capture Coins (itself) solve any of the challenges?

Answer: No. Capture Coins just provides an interface to the Tangle.


Question: Does Capture Coins (itself) provide any iotas for the challenges?

Answer: No. The challenge creator funds from their own wallet outside of Capture Coins.


Question: Does Capture Coins (itself) have any access to the challenge's wallet?

Answer: No. Only the challenge creator has access to the wallet (unless it's solved).


Question: Does Capture Coins (itself) know the solution to the challenges?

Answer: No. Only the challenge creator knows the seed (unless it's solved).


Question: Why should I create a challenge?

Answer: 1) For fun. 2) As tests for students or kids. 3) Brands can build challenges to promote products. 4) Super advanced CAPTCHAs. 5) To support IOTA. 6) To show you are smarter than others.


Question: How difficult is it to create a challenge?

Answer: Not difficult. Just think of words that add up to 81 letters. Then think of questions for each word.


Question: How long does it take to create a challenge?

Answer: The most time consuming part is coming up with the questions for each word. When you have the questions, you then upload the data as a transaction into the Tangle. You must also send 1-2 iota to the seed wallet, which can take time to confirm (depending on the Tangle's state).


Question: How is the challenge wallet funded?

Answer: The challenge creator funds the wallet with 1-2 iota. They use the seed (the challenge's answer) to generate an address from that wallet. Then they transfer iota to that wallet. All this happens outside of Capture Coins.


Question: What's the funding amount?

Answer: These are micro amounts. Only 1-2 iotas to make it a net economic loss for hackers to attempt brute force attacks.


Question: What happens if more than 1 person solves a challenge?

Answer: It's a race to confirm. But challenges are taken out of circulation once solved.


Question: Is the code open source?

Answer: Yes. It's on github here.


Question: What coins are supported?

Answer: Currently, just IOTA.