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That's where the idea started but that means the user has to be able to send Bitcoin. The purpose of Interledger is to abstract away that issue which is why Web
by ahopebailie 6y ago
That's where the idea started but that means the user has to be able to send Bitcoin. The purpose of Interledger is to abstract away that issue which is why Web Monetization is built on Interledger.
You don't have to sign up with Coil to earn. There are other wallets that are on the Interledger network such as Uphold and Gatehub that can give you a payment pointer to put into your site's HTML. If you want your earnings to be converted to BTC that's possible I think.
- mike-cardwell 6y agoI understand that the person paying probably needs an account somewhere, so that payments can be batched together to reduce transaction fees. However, there's no reason for me to have an account anywhere in order to receive bitcoin. All I need is a bitcoin address. I don't want to sign up with Coil, Interledger, Uphold, Gatehub, or any other random third party, in order to receive bitcoin. And there is zero reason why I would have to.
- jorangreef 6y agoExcept that Interledger is not a "random third party", it's a protocol: https://interledger.org/ https://interledger.org/ So that you can make payments to someone else regardless of whether they want to use Bitcoin or not. I believe Interledger is the right level of abstraction for this, in the same way that you wouldn't want your email server to have to know or code against the lower protocols, e.g. Ethernet or WiFi, but only IP, TCP and SMTP. This way your email server can EHLO any email server, regardless of the network topology or underlying protocols. Interledger does the same for payments.
- mike-cardwell 6y agoOk, so my bitcoin address is "bitcoin:1PQLtWnjUi1itHLG6QCQeHM3Nxua8pRsq1". What tag do I put in my HTML in order to receive payment from this system, without having to sign up anywhere?
- dflock 6y agoYou can just put that there - and then you hope that user agents implement this - or you can use interledger.
- mike-cardwell 6y agoThe documentation for Interledger appears to be for people who want to build software, not for people who want to send or receive money. And it talks about setting up accounts with xpring.io or rafiki.money. I see no evidence that Interledger can be used for receiving money without having to set up accounts or run software. Plenty of evidence to the contrary. As I said before, to receive bitcoin from one of these systems, there is nothing I should need to do other than advertise my bitcoin address. Anything more than that, and the system sucks.
- dflock 6y ago> the system sucks Correct. What you want requires support in the user agent (web browser) though.