Cryptofreeze coins were inspired by the original
‘Serpcoin’ pre-funded coins. These coins are identical
to Serpcoin’s creations, except for the printed name
and markings on the outer edge of the backside. An
additional factor to take into account is that while these
coins are denominated as 0.01 BTC, they are not prefunded.
It is interesting to observe that both types of
coins actually use the exact same scratch-off hologram
stickers. Counterfeiting is possibly a concern for these
coins (as well as the similar coins made by Serpcoin), as
all anyone would need to is acquire the same stickers,
an aluminum Casascius coin, and use a printer to create
the markings on the side. Though the value of either
coin is not yet at a level where such an act would be
worthwhile, it is sensible to stay vigilant.
The ‘Cryptofreeze’ name clearly alludes to the idea that
BTC loaded onto the coin will be in a secure ‘frozen’
state out of the reach of hackers.