Most people tend to rely on donations in exchange for their hard work, which works quite well for some, and not at all for other content creators. Ever since people have been able to “tip” people online using whichever means they see fit, the landscape started to change. Add Bitcoin as payment method for tipping, and you create a whole new kind of “love on the internet”. And it looks like we see more and more competition emerge in the Bitcoin tipping space.
AutotTip – A Decentralized Cryptocurrency Microtipping Platform
When we talk about Bitcoin services which have managed to gain some traction in the mainstream world, ChangeTip is one company that comes to mind. After all, ChangeTip has been gaining a ton of attention ever since their services got integrated with popular platforms such as Facebook, Slack, GitHub and Twitter.
AutoTip, a new player in the cryptocurrency microtipping space, is looking to gain some mainstream attention as well. And the developer has taken the smart approach by making AutoTip a Google Chrome plugin, which can be downloaded completely free of charge. The AutoTip source code has also been made available on GitHub.
One of the most interesting aspects about AutoTip is the fact that, just like the cryptocurrencies that are supported, the project is completely decentralized. In order to achieve tips, all tips sent and received via AutoTip move directly from tipper to tippee, without any involvement of a third party, middleman or server.
AutoTip offers many advantages for content creators, as this free-to-use Chrome plugin allows them to easily monetize their content without burdening their fans and visitors with annoying advertisements. Speaking of which, AutoTip can be configured to be sent automatically on each page load, or only by prompt. A nice addition which will be appreciated by many users.
Bitcoin is not the only supported cryptocurrency for the AutoTip plugin, as several altcoins such as Litecoin and Dogecoin are supported as well. In order to tip with altcoins, it is up to both the content creator and the tipper to enable their desired altcoin option, and send over some funds to randomly generated digital currency wallet address.
Do keep in mind that AutoTip is not intended to be used with huge amounts of digital currency being sent to the specific wallet addresses. In fact, the plugin creator advises users never to store more than US$25 worth of cryptocurrency in either of their randomly generated wallets, as the plugin is not subject to extreme security measures.
Setting up AutoTip
AutoTip’s setup process is fairly straightforward. Tippers just need to install the Chrome plugin, and send over some funds to the specified generated wallet address in order to start tipping people. Content creators on the other hand simply need to add a snippet of html code to the page(s) they want to receive tips on. An example of such a code snippet looks like this :
<meta name=”microtip” content=”1HWpyFJ7N6rvFkq3ZCMiFnqM6hviNFmG5X” data-currency=’btc’ data-recipient=”John Doe”>
Content creators can even set up multiple tipping addresses per page, if they so prefer. As a result of setting up multiple tip addresses, tips will be split across all enabled addresses. This can be done by sending an equal share to all addresses, or – for example – a 80-20 split across two users. Deciding the tip shares can be done easily, as all it requires is a small modification of the code snippet.
<meta name=”microtip” content=”1HWpyFJ7N6rvFkq3ZCMiFnqM6hviNFmG5X” data-recipient=”Bob” data-ratio=”0.2″>
<meta name=”microtip” content=”1DCzzFuW33YJv9RGUMHyvgaoTdcNkwGMeR” data-recipient=”Terry” data-ratio=”0.8″>
Website : http://priestc.github.io/Autotip/