Fun

Chaintip Creator Unveils New Tipping Tool Sharetip

News Feed - 2020-12-14 11:12:33

Chaintip Creator Unveils New Tipping Tool Sharetip


Tipping internet users with cryptocurrency, particularly Bitcoin Cash, seems like a great way to spread adoption. The creator of one popular tipping tool is cooking up something brand new. Self-Serve Tipping


It’s called Sharetipand I had the opportunity to try it. I tipped someone Bitcoin Cash on Medium and it was pretty smooth. Basically, it’s like a self-serve tipping tool that you can use on any platform. Imagine tipping on Youtube, Twitter, everywhere. And it is difficult to censor because the user notifies the creator themselves, rather than a bot. At news.Bitcoin.com, w e got the inside scoop from Sharetip’s creator and asked some key questions


Jonald Fyookball (JF): First of all, can you tell us who are and how you got involved with Bitcoin and Bitcoin Cash?


Tibanne (Sharetip’s creator): I’m Tibanne, a Reddit name I made up to reply ‘meow’ to various bitcoin-related posts, and then later I adopted it as an anonymous nickname. I got involved with Bitcoin in early 2014 after the $1200 top Bitcoin bubble. When scaling was required to keep Bitcoin usable, I sided with the people (I believe it was the majority at the time) who wanted to up the block size limit in the short term while a scaling solution was found in the long term. It’s hard to know exactly why BTC was co-opted at the repository level.


My current two hypotheses are 1) certain devs got bought out by more powerful people wanting to keep crypto on the sidelines, and 2) certain devs got greedy, forming the for-profit company Blockstream, which aims to profit by moving transactions off the base layer and onto their own (Liquid). In either case, well-meaning devs were pushed away and their access to the core Bitcoin repository was blocked. Bitcoin Cash is Bitcoin to me as it retains the property of globally affordable, high confidence transaction sending.



JF: Your first tipping project was Chaintip. What inspired it?


Tibanne: I believe Chaintip was the first on-chain tipping bot. While there existed tippr (a custodial bot), I thought that making yet another custodial tipping bot was a bad idea and that an on-chain option would be preferable as a single hack wouldn’t put everyone’s balances in jeopardy. Chaintip links user’s addresses to their social accounts and then forwards tips to those addresses meaning that each user is always in control of their funds both before tipping and after receiving a tip. There is no concept of a ‘balance.’


JF: What about your new tool, Sharetip. How is it different from Chaintip?


Tibanne:For Chaintip to operate on a platform (Reddit, Github, and Twitter currently), an @chaintip user needs to be created on the platform and the code which speaks to that platform’s API needs to be written to make the bot function on the platform. While convenient to use, there are sometimes communication channel obstacles that need to be worked around. For example, the @chaintip bot on Twitter has to communicate publicly with the tippee because it’s not able to DM them. Additionally, were the bot to ever be banned by the platform it operates on, that would be the end of it on that platform”. The initial thinking behind Sharetip started when you asked me about two years ago how Chaintip might be extended to tipping on Youtube.


Sharetip is an attempt at making Chaintip much more prevalent by allowing people to tip content hosted at any URL and it’s not at the mercy of being shut down by another platform. Sharetip is not a bot user on other platforms, but rather it’s a platform itself. An external account (say the Twitter account of a news article’s author) is linked to the content to be tipped (the news article) and the creator of that content claims the tips to the content by proving they own the external account.



Sharetip currently assumes a totally altruistic motive (give without expecting anything more in return), but should creators request that some content is locked until tipped a minimum amount, or that some content they upload and make private can only be accessed by subscribers, this functionality could easily be incorporated. This would allow Sharetip to compete in function with existing platforms like Patreon / OnlyFans / Ko-fi and others like them with the extra advantage of being able to bring in new users through Sharetip’s unique tip-anything-anywhere mechanism.


JF: Do you see tipping as a good way to spread adoption of Bitcoin Cash and crypto? What have you observed in terms of the popularity and spread of this technology?


Tibanne:Yes, I think it’s a great way to spread the adoption of Bitcoin Cash and other cryptos. Saying that, I don’t think that tipping should be done for this reason. There was a good articleon the woes of Bitcoin tipping while a service called ChangeTip was gaining in popularity. Sharetip shares some parallels with ChangeTip, but it’s non-custodial, and running it does not depend on it making much profit. So I feel that I’ve managed to avoid most, if not all, of the pitfalls mentioned in this article.


It’s sad to say, but cryptocurrency is mostly spread through new highs and the resulting speculation and less through excitement about real-world use cases. Hopefully, Sharetip can right this slightly. I must give a shout out to read.cashhere as well as it’s proven to be a great use case.”


JF: Last question: What are you most excited about in bitcoin cash/crypto right now and what do you hope to see in the next few years?


Tibanne: I get excited when the properties that crypto bring to money are used in real-world applications. Things like the Bitcoin.com wallet, OpenBazaar, Blockchain.poker, Memo, and SLP excite me. Bitcoin.com brings a lightning-fast wallet which allows anyone to take part in a global economy without relying on banks. OpenBazaar removes middlemen from trade. Blockchain.poker removes the need for payment processors to manage the deposits and withdrawals. Memo allows for an uncensorable dialog. Finally, SLP brings back to Bitcoin what colored coins promised many years ago. I’m most excited to see these used to allow equity of new startups to be traded without restriction.”


What do you think about tipping tools like Sharetip? Share your views in the comments section below. Dash Nigeria Takes Digital Currency Education Campaign to Regulators and Key Institutions INTERVIEW | Aug 27, 2020 Law Firm Sees Crypto Investors Flocking to St. Kitts & Nevis for Dual Citizenship INTERVIEW | Aug 15, 2020 Tags in this story BCH, Bitcoin, bitcoin cash, Chaintip, Crypto, Cryptocurrency, Online tipping, Sharetip, tip, tips


Image Credits: Shutterstock, Pixabay, Wiki Commons Purchase Bitcoin without visiting a cryptocurrency exchange. Buy BTC and BCH here. Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. Read disclaimerShow comments

News Feed

Alice Ivey10 hours agoThe ultimate guide to password management for crypto enthusiastsExplore strong password creation, management and advanced protection techniques to secure crypto holdings.1975 Total views29 Total sha
Amazon faces UK merger probe over $4B Anthropic AI investment
Tristan Greene7 hours agoAmazon faces UK merger probe over $4B Anthropic AI investmentMicrosoft and OpenAI face similar scrutiny as Europe and the UK seek to identify the line between investment and acquisition.588 Total
‘Visibly shaken’ founder watches memecoin plummet 90% during live Spaces pitch
Tristan GreeneJun 22, 2024‘Visibly shaken’ founder watches memecoin plummet 90% during live Spaces pitchThe CEO of Bubblemaps joined the Space to watch and was treated to an “absolutely savage” show.7053 Total vi
Demand for Crypto Analytics Continues as Messari Raises $21 Million
Demand for Crypto Analytics Continues as Messari Raises $21 Million The crypto analytics and market intelligence company Messari revealed on Thursday the firm ha
Paxful Celebrates the Real Reasons People Use Bitcoin Everyday With #BitcoinForAll Giveaway
Paxful Celebrates the Real Reasons People Use Bitcoin Everyday With #BitcoinForAll Giveaway Paxful, one of the largest peer-to-peer cryptocurrency marketplaces i
Switzerland’s Largest Online Bank Swissquote to Launch Its Own Crypto Exchange
Switzerland"s Largest Online Bank Swissquote to Launch Its Own Crypto Exchange Switzerland’s largest online bank, Swissquote, is reportedly launching its own cryptocurrency
Gofaizen and Sherle Introduce Full-Cycle Online Accounting In Lithuania
Gofaizen and Sherle Introduce Full-Cycle Online Accounting In Lithuania press release PRESS RELEASE.Gofaizen & Sherleis a legal and business consulting firm specializing in digi
Marcel Pechman7 hours agoCME Bitcoin futures hit record high, but uncertainty looms above $36KCME Bitcoin futures hit a two-year high, but options market data reflects investors’ hesitancy.1651 Total views13 Total shar
Bitcoin’s 2028 halving price target is $435K, historical data suggests
Zoltan Vardai46 minutes agoBitcoin’s 2028 halving price target is $435K, historical data suggestsWhile the halving is associated with Bitcoin bull cycles, the current rally is mainly driven by ETF inflows, argues Bybit
$56M moved from defunct exchange after executives fled: Report
Zhiyuan Sun9 hours ago$56M moved from defunct exchange after executives fled: ReportThe Atom Asset Exchange had over 2 million registered accounts prior to its collapse in November 2022.954 Total views2 Total sharesListe
New Feature Enables Nigerian Metamask Wallet Users to Buy Crypto Assets Within the App
New Feature Enables Nigerian Metamask Wallet Users to Buy Crypto Assets Within the App Metamask users in Nigeria can now directly and instantly buy crypto assets within the mobile
Gas DAO Project Forms to Airdrop Tokens to Ethereum Users That Spent $1,559 in Fees
Gas DAO Project Forms to Airdrop Tokens to Ethereum Users That Spent $1,559 in Fees A new type of airdrop has been very popular during the last quarter of 2021 as quickly assembled