SPURCRYPTO ← Back to the pledge
Case Study 001

Putting our own word on the chain.

NOT SELLING COINS. SOLVING PROBLEMS.
Problem
A crypto company's promise not to rug-pull is worth nothing if the promise itself can be quietly rewritten later.
Tool chosen
A plain text file, SHA-256, and OpenTimestamps anchoring to the Bitcoin blockchain. No token. No smart contract. No account.
Why
The claim being protected is "this exact text existed on this date and hasn't changed." That is precisely — and only — what a timestamp proof does. Anything heavier would be theater.

The problem, plainly

Crypto's ugliest trick is the vanishing act: hype it, sell it, disappear. We wrote a pledge that we will never do that — no coin of our own, self-funded, what we build for you is yours. But a pledge on a website is just pixels a webmaster can edit. The trust problem isn't whether we'd say the words. It's whether you could catch us changing them.

What we considered — and rejected

The tool that earned its place

OpenTimestamps takes a fingerprint of a file — a SHA-256 hash — and anchors it into the Bitcoin blockchain through free public calendar servers. It costs nothing, involves no token, and requires trusting no one: anyone can independently verify that a file matching this fingerprint existed by a given date.

SHA-256 6549c042cf78dd04a9cb7410b4118483abf827f6638be5462948ca1bd9075ad2

The pledge lives at spurcrypto.com/pledge.txt, the proof at pledge.txt.ots, and a machine-readable manifest at /proofs/long-haul-pledge/. Our homepage carries an in-browser verifier: one click, and your browser hashes the served file and compares it to the anchored fingerprint. If we ever edit a word, the proof breaks in public.

What this does not prove

Honesty is the product, so here are the limits. A timestamp proof shows a file existed unchanged at a point in time. It does not prove intentions, identity, or that the words are true — it proves we said them then, and haven't quietly reworded them since. It is not legal notarization. The enforcement mechanism is reputational: silent edits become publicly detectable, forever.

The same mechanism, for your records

This case study is our own product used on ourselves. The identical pipeline — hash, anchor, verification page, monthly report — is what we sell as the Integrity Packet: receipts, policies, board minutes, build logs, anything whose history someone might one day dispute.

Worth including: what needs proving, who needs to trust it, and what happens if it changes.