HiveDebit Update | Naira, Security, A New Image, The End of Concorde and a New Engine
Published on HivePostify by @hivedebit · Tue Sep 16 2025
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Hi There! I'm Jan, the developer, founder and personal chef of this project.
The last time that I made an update was a good one, I wanted to do a post about every update I made, but I don't think it was a good idea to do a post about EVERY SINGLE BIGGEST CHANGE IN ALL HIVEDEBIT HISTORY, which was changing a string from "I have account" to "I have AN account".
So I just stopped to do some updates and started focusing on how to keep doing a good job with this, my personal developer @jthomasewsky have been traveling a lot and we not paying this man to just travel, what he thinks we are? his personal fund for trips and pancakes? what an asshole.
But I talked with him and now he made some interesting updates, he already had them but he said that in a car around Colombia it's impossible to do an update.
I finally waited for him at his house and forced him to do an update, that's why you are reading this post.
--- Did we miss Naira?
I always take a look on Distriator and new stores registered on Distriator like @happycustomer and @starkerz made me realize that we have interesting currencies ngl, we have:
- Colombian Peso (4000 per HBD) - Mexican Peso (20 per HBD) - United States Dollar (1 per HBD) - Argentinian Peso (1400 per HBD) - Quetzal (7.5 per HBD)
But the great question that u and me can do is, do we have more people using those currencies more than others, and the answer is no, that's why here I apologize to @happycustomer for not having Naira on HiveDebit, if you don't know as I didn't, Naira is the currency of Nigeria, country that uses distriator as Bitcoiners Lightning.
BUT NOW... WE HAVE NAIRA!
I have implemented new currencies into HiveDebit.
- If you are in Nigeria you can do invoices in Naira and start charging people.
- If you are in Brazil you can use Real to start charging people for Caipirinha.
- And if you are in Europe, I'm sorry for you, but at least you can use Euro to charge people, lmk if you get banned, I have places in Colombia where you can stay.
--- A New Image for HiveDebit
"I started a joke which started the whole world crying, but I didn't see that the joke was on me"
If you are here since the beginning, lmk who was first in Malvinas I have been dealing with a guy that says that British people were there first, so if you were here at the beginning lmk, but if you have only been here since the beginning of the project, then you know that the logo of HiveDebit have 2 versions, one of it is the normal one of Hive that says HiveDebit.
Top Left Logo
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And the other one it's a joke of MasterCard, saying masterhive, but sometimes is better to do not have troubles with people, neither with mastercard, cause they know where I live, so I prefer to change the logo and have one logo for HiveDebit, a simple and cute one.
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Simple and minimalist logo, this will help on cards design to have them more cool than ever.
Also we have it in black if you want.
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Let's Talk About Security
As you know, one of the inspirations to create HiveDebit was the Bolt/Lightning Cards, cool NFC cards to do Lightning payments, but do you really know how they work? Are they decentralized?
The answer is no, the way they work it's really simple, Bolt is a standard for NFC payments, the way it works is that your card is linked to a Server with the information of your account, if you scan with NFC Tools your Lightning Card you'll find a link that can change depending on who issue the card, in my case I have Tiankii and LaCrypta, and the link it's just a link from their server/api, when you tap to pay wallets like Blink just take the link and ask for the money, so there's no transactions happening from Peer to Peer, it's only the server that holds your money and send it to the wallet.
This means that if the server broke, you can not use the card, and if the card is the backup of your money you are completely fucked.
After explaining to you how this thing works, it's time to talk about the truth, the truth is that Lightning Cards are sucking the tires of my Concorde, what you thought I was about to say?
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How it Works on HiveDebit?
Simple, you give me your active key and I withdraw the funds, so please if you want to support me just create a HiveDebit card, well actually, when we started the project the main focus was, how I can design a way where me as the developer can not get the money from the cards, and I got many solutions, but we have 2 different problems here.
Usability VS Security
One of the options for HiveDebit was pre-approved transactions or authorities, what's the problem with this? Basically if you haven't seen is that grandmas are using HiveDebit, do u think a grandma knows how to do pre-approved txs? maybe my grandpa knows how to manage UTXOS and do Coinjoin, but I don't think yours can, so this needed to be simple to use.
Other Option was the custodial way, we just store the keys and you have a link in the card, as it works with Lightning, so if your card get steal you just tell me and I'll block it, but I would have the active keys of a lot of people, how you can know that I'm not going to take 8K from your account and get a Cherokee?
So the last option was relay on you, you hold the active key, so if you live in Nigeria, I can not steal your active key, cause is physically stored on your NFC Card encrypted, so if I wanted it, first of all I should be in Nigeria, and I think that's a bit too far from here, if you are a US, Canada or UK Citizen living in your country you can be relaxed, I don't have VISA to go for your HiveDebit card.
So Mr. Jan, this means that if you are near to me you can steal my card? The answer is yes and no.
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PIN is Required
Let's say that I steal only the encrypted content of your card, you'll be completely fucked? Nop, remember that your card have a PIN, normally is 4 Digits, but in this update you'll need to remember 2 Numbers more, if I don't have the PIN I cannot do transactions with your card.
But Jan, are you stupid or what? I would try to break the card to get the Active Key, and me too, but here's the trick, this is decentralized technology, it means that if I wanted to help you or steal you, I have the same probabilities, ZERO.
This relay on you, if you are using a NFC 215-216 Card and you are using a 6 Pin Digit those are your probabilities:
- If Mr. Jan have only the encrypted content but not the UID+PIN he would need a lot of years to get the active key. - If Mr. Jan have the encrypted content and the UID it would take 40 Minutes with a Super PC and GPU (worth 1.6K) doing brute force to decrypt it, if the hacker is only using a good PC (worth 2K) it can take him 4 hours, if he is using a Laptop it can take 10 hours, and a normal CPU or Medium-High it can take 28 Hours.
- If Mr. Jan have only the encrypted content and the PIN it would take him a lot of time to get it, more than a few months, maybe years.
So, are you telling me that if the Hacker get my encrypted content and my UID I'm completely fucked? Not at all Mr, we have some solutions for you.
- If you keep using NFC 215-216 you are going to be using this probabilities, but if you have a secondary account for your HiveDebit card you are more safe, we also are going to offer in our website something to change your Active Key so you are more safe.
Tags: #hivedebit#spendhbd#taptospend#iphone#pancakes