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Topic: Tipping May Be Bitcoin's Next Killer Application - page 2. (Read 1736 times)

legendary
Activity: 1022
Merit: 1007
Sooner or later, a man who wears two faces forgets
It's pretty much like facebook tipping bot
Interesting
hero member
Activity: 1372
Merit: 783
better everyday ♥
I like how ChangeTip works, it's ease of use, and the way it pretty much works across all social media platforms.

Great for Facebook, Youtube, and Twitter, and really is a great way to get someone that's new to this to actually to be interested in Bitcoin.
full member
Activity: 154
Merit: 100
That Darn Cat
Good read.  I would love to tip with coin.  Smiley
full member
Activity: 284
Merit: 122
www.diginomics.com
The next killer application in bitcoin may just turn out to be micropayment tipping through social media and online communities. In what is increasingly being seen as a ‘tipping revolution‘ internet users are now using bitcoin to send small payments to businesses directly online for their work. This viral growth of the emerging digital tipping industry could very well be the next application in bitcoin and blockchain payment technology.

Why is tipping with digital currency a big deal?

Tipping allows for the very first time content creators to be compensated directly for their work on a micro-transactional level, something which analog payments systems were too rigid and slow to perform previously. Digital currency systems such as bitcoin however, operate with no intermediary businesses and only need to be registered through a ‘tipping network’.

ChangeTip who has grown to become one of the market leaders in the early bitcoin tipping industry in a span of less than 6 months for example, uses off-chain, and possibly soon, sidechain transactions to clear their inventories. Because of this, not every small tip needs to be recorded fully into the main bitcoin blockchain, but only references to the main network need to be made to ensure integrity among funds.

Read the full article on Diginomics.

Watch the accompanying YouTube video.
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