Pour boiling water over chocolate chips in a small bowl and let sit about 30 seconds. Stir with a whisk or small rubber spatula until smooth. If needed, put in microwave for 10 seconds to help with mixing.
Pulse the peanuts in a food processor until they are well ground, 20-30 seconds. Next, add the dates and pulse about 10 seconds.
Pour the chocolate mixture over the dates and add the vanilla and cayenne.
Pulse until the mixture forms a large ball (roughly 20 seconds in my standard Cuisinart food processor).
Pour coconut over a large plate.
Take just under 1 tablespoon at a time of the truffle mixture and roll it into a ball in your hands. Then, roll in the shredded coconut before placing in a storage container.
Let sit in the refrigerator 2 hours or more before serving.