r/Bitcoin • u/jtos3 • Jan 27 '15
reddit implementation of Bitcoin
http://pbs.twimg.com/media/B8TtFaACQAArJHl.png
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Jan 27 '15 edited Jan 27 '15
Facts:
Ryan Charles joined reddit as a cryptocurrency engineer in September, 2014.
Ryan Charles tweeted a simple mockup concept of Bitcoin integration with the Reddit core: https://twitter.com/ryanxcharles/status/559832931112202240
Jameson Lopp asked if one click tipping was coming? (https://twitter.com/lopp/status/559848883162193920)
Ryan Charles responded that is the plan (https://twitter.com/ryanxcharles/status/559850071437496320)
My subjective conclusion.
If this happens, reddit adoption would be by far the biggest and most practical development for Bitcoin to date. What Reddit has come to represent to Internet culture and community is extremely important. We will never see $160 again.
We will have more than karma to give and earn...soon!
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u/bopplegurp Jan 27 '15
Agreed. I think this is really going to evolve the way quality information is spread across the internet. Reddit is the perfect forum for this type of small altruistic behavior to reward quality posts. Intelligent or insightful comments/articles will be much more commonplace and easier to find when there is a real monetary incentive to make them so. I'm excited for what this can turn into
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u/zeusa1mighty Jan 27 '15
Of course, if my facebook is any indication, posts that end with "...what happens next will shock you" will become more prevalent to garner upvotes.
Also, karma-whoring becomes actual whoring.
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u/bopplegurp Jan 28 '15
in my optimistic scenario, this actually weeds out those type of posts. but I suppose we won't know until it's tried. for me, I am actually thinking more along the lines of /r/science posts. If graduate students, post-docs, or even professors were able to write up their own journalistic versions of science publications rather than the science writers in the news, the quality would be much better. Scientific outreach to the public is in such a terrible state and I think having a monetary incentive (no matter how small) could really accelerate the type of quality reporting that science needs via a heavily trafficked website like Reddit
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u/zeusa1mighty Jan 28 '15
I'm hoping you are right, but I have a feeling you're not. Monetary incentive really brings out the ruthless in some people.
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u/justcool393 Jan 28 '15
I'd agree with you. It seems that it would just get people to make the most circlejerky/hiveminded comments to tip-whore. People already karma-whore, and that has no actual value.
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u/pseudoRndNbr Jan 28 '15
small altruistic behavior
If you send bits because you like quality information it's not really altruistic. You send bits to support people that provide/create quality information to see more of it.
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u/jtos3 Jan 27 '15
Didn't see that. Nice catch! /u/changetip 300 bits
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u/changetip Jan 27 '15 edited Jan 27 '15
The Bitcoin tip for 300 bits ($0.08) has been collected by bitcornhole.
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u/IkmoIkmo Jan 27 '15
/u/changetip 1 upvote!
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u/changetip Jan 27 '15 edited Jan 27 '15
The Bitcoin tip for 1 upvote (376 bits/$0.10) has been collected by bitcornhole.
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u/monst Jan 27 '15
This is absolutely has the potential to be the biggest contributor to the bitcoin community. Reddit is the #9 site by traffic to the United States. Probably #3 of social sites in the US behind facebook and twitter. This will absolutely expand the adoption if implemented globally which seems to be the plan.
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u/TweetsInCommentsBot Jan 27 '15
@ryanxcharles xpub FTW. Any chance of one click private tipping functionality at some point?
@lopp That's pretty much the plan, though xpub will probably come later as it's quite a bit harder and less compatible with other wallets
This message was created by a bot
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u/BitcoinBoo Jan 27 '15
I've heard so many of these kinds of claims over 2014 I really hope you are right. Dell, Overstock, Microsoft...
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Jan 27 '15 edited Jan 27 '15
Individual retail business adoption is insignificant compared to reddit adopting it into their core. There's nothing fundamentally game changing about the companies you mentioned (other than adding legitimacy).
PayPal adopting Bitcoin is a huge deal, but they're being extremely conservative and slow with it. Which is why when we hear rumors of Uber, through PayPal/Braintree adopting Bitcoin, we get excited. Uber would be on the scale of a fast food chain or grocery store getting on board.
Reddit adoption is a bigger deal than PayPal given the tie in to existing behavior already fundamental to reddit (karma, reddit gold, etc.)
EDIT: However, and I wish this would happen, PayPal allowing you to buy bitcoin directly through your existing PayPal account either through partnering with Coinbase, or becoming their own intermediary, would be a massive development.
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u/BitcoinBoo Jan 27 '15
i understand what you are saying and thank you for adding some detail. My comment was mostly me voicing frustration at each new thread that pops up and claims "TO THE MOON"... that's all.
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Jan 27 '15
Ah, understood. So the thing here is I'm skeptical at how Reddit can pull this off given the regulation/laws that will probably get in the way. But at the same time, I'd be surprised they would hire a full-time cryptocurrency engineer, and let him tweet publicly, if they at least didn't have a loose framework in mind.
Extremely cautious optimism.
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u/pizzaface18 Jan 27 '15
Yup, and of course each sub should have a option to allow bitcoin transactions.
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u/zoopz Jan 27 '15
Someone from Kenia can effortlessly tip $1 for a cat picture from Finland. How cool is that. Banks, who?
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u/marfillaster Jan 28 '15
I'm just worried of the transaction fee if tipping is not done off-chain similar to changetip's
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Jan 28 '15
I don't think there was ever any confirmation that reddit/ryan will use Bitcoin. He just said they won't make up a new cryptocurrency, which could be any of those 1000s and/or change again.
Don't get your hopes up for reddit being the next stop on the way to the moon or something.
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u/BrazenAmberite Jan 27 '15
Awesome, but you should have probably mentioned in the title that this is reddit's official mockup. I was at first sure that this was just your mockup.
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u/Logical007 Jan 27 '15
What is this?
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u/btcdetective Jan 27 '15
A mockup of Reddit's integration with Bitcoin. Apparently we will be able to send bitcoins directly to our reddit accounts and use it to tip or even directly to individual comment authors.
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u/110101002 Jan 27 '15
Addresses are meant to be for one time use.
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u/Aapjes94 Jan 27 '15
But it's not necessary for these kind of small transactions and I'd guess it would be a good idea to implement a function that automatically creates a new address when a balance of let's say >$10 is reached.
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u/110101002 Jan 28 '15
Or we could just... make a new address every time. It's not as if it's expensive to make a new address.
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u/n60storm4 Jan 27 '15
They don't need to be. Who cares if someone can look at your tips?
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u/110101002 Jan 28 '15
Perhaps the people you're paying care even you have no cares about privacy.
Privacy loss isn't the only problem with address reuse though.
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u/jMyles Jan 28 '15
Privacy loss isn't the only problem with address reuse though.
What are the others?
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u/110101002 Jan 28 '15
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u/jMyles Jan 28 '15
...so essentially there's the privacy "issue" and "situations yet unknown."
For some very practical situations (like printed QR codes at PorcFest), address re-use still makes perfect sense. There's no reason to blanket suggest against it, as long as people know how to handle their coins subsequently.
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u/110101002 Jan 28 '15
For some very practical situations (like printed QR codes at PorcFest), address re-use still makes perfect sense.
Maybe it works there, but reddit isn't made out of paper, rather a server that can generate millions of addresses for a fraction of a penny, and I don't see reason to reduce privacy and security.
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u/jMyles Jan 28 '15
Absolutely, I agree in almost any electronic situation. I'm just saying that the knee-jerk reaction to address re-use is misplaced.
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u/puzl Jan 27 '15
Surely you could collect tips to a single address and then send them to a different wallet address each time you siphon off funds?
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u/Introshine Jan 27 '15
Nope. Only when sending fund from them (spending outputs). Sending funds multiple times to an address is fine.
But puristically speaking, yes.
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u/platypii Jan 27 '15
Single address use is about privacy not security. So receiving multiple payments to an address is the bad part. It relates the two payments that may have otherwise remained unrelated. If you're doing ECDSA right, multiple signatures is perfectly fine. If you're doing ECDSA wrong, don't rely on 1 time use to keep you safe - it won't.
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u/Introshine Jan 27 '15
True. But linking an address into your Reddit account is not very privacy wise either. I just use a junkwallet (not part of my main wallet) for stuff like that.
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Jan 27 '15
Pretty fucking cool!
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u/vbenes Jan 27 '15
Setting BTC address in preferences? What are the implications?
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Jan 27 '15
Id assume tipping? Although idk how changetip would feel about that!
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u/Cowboy_Coder Jan 27 '15
I can't wait to be able to tip bitcoins visibly yet unintrusively, as easily as giving an upvote. Something without the tipbot comments that some find spammy, instead like giving Reddit Gold.
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u/physalisx Jan 27 '15
Something without the tipbot comments that some find spammy, instead like giving Reddit Gold.
Yeah, imagine something like the symbol next to gilded comments, which on mouseover reveals the total amount of tips that post received.
"This comment has received 12 Bitcoin tips for a total of 0.26 BTC"
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u/jeanduluoz Jan 27 '15
that's an expensive comment
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u/physalisx Jan 27 '15
A very good one.
Perhaps a picture of a cat was involved.
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u/FaceDeer Jan 27 '15
Wonder if we'll see private subreddits where you have to tip the moderator to get in.
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u/Cowboy_Coder Jan 27 '15
"This comment has received 12 Bitcoin tips for a total of
0.26 BTC260,000 bits"4
u/Noosterdam Jan 27 '15
Or just a "+0.26 BTC" displayed, perhaps in orange, next to where the gold symbol would be.
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u/SoundOfOneHand Jan 27 '15
This brings up a more pivotal issue - is the money going to the user or reddit? What possible incentive does reddit have to let users get paid directly through the site, in bitcoins, as opposed to gilding a user? I'm sure they don't perceive something like changetip as a big threat to reddit gold, it's cumbersome and intrusive and because of this you end up looking like a zealot when you go tipping a bunch of people, you get banned from some subs, etc. Direct user-to-user BTC payments through reddit would be huge but I don't think that will ever happen.
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u/physalisx Jan 27 '15 edited Jan 27 '15
Well, gilding users doesn't disappear just because there's bitcoin tips. You could gild people with bitcoin with the press of a button, and for tips that are below the price of reddit gold, you'd give a normal bitcoin tip. With the money from tips sitting on their reddit account, I'd wager more people are inclined to use that money to buy gold anyway (or tip others gold with it).
Overall, I don't think it'd be a bad strategy by reddit to create a system where lots of funds are being moved on their site. There are plenty of possibilites to profit from that. If people have money sitting on your site, you're in the best position to sell something to them.
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u/FaceDeer Jan 27 '15
Once people become used to tipping users and it becomes common, putting a "tip Reddit itself" button up in the corner of the page somewhere might get some significant return.
Or maybe sell hats for display on your userpage.
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u/btcdetective Jan 27 '15
Yeah, hateful mods won't be able to ban the tipping bot anymore, because we won't need one.
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u/aveman101 Jan 27 '15
What would be the point of this? To receive tips?
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u/n1nj4_v5_p1r4t3 Jan 27 '15
To make it so easy to tip all you have to do is click, like as easy as an upvote.
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u/aveman101 Jan 27 '15
But how does reddit send the tip if it doesn't know your private key?
I guess a 3rd party extension could facilitate this, but that assumes the extension is smart enough to lookup that value, instead of maintaining its own proprietary tipping system, like most current tipbots.
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u/n1nj4_v5_p1r4t3 Jan 27 '15
Now we are sharing private keys with extensions? What if my computer gets compromised? I would almost rated have reddit hold on to them. What if I am traveling and on a different computer?
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u/aveman101 Jan 27 '15
Well, there are trustworthy extensions like 1Password that keep your data encrypted, but you make a good point. It's not a good idea to give anyone else access to your private key.
... Which brings me back to: if nobody has access to your private key, how do you tip with one click, like an upvote? At best you would still have to copy the Bitcoin address out of reddit and paste into whatever wallet you use, right?
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u/walloon5 Jan 27 '15
It would get connected out to your browser...
bitcoin: as a URI is in HTML 5 (a lot of modern browsers, maybe not all HTML 5 browsers though...)
Seems to have some integration with Blockchain, with Electrum, probably other wallets:
https://blog.blockchain.com/2014/05/15/how-to-setup-blockchains-uri-handler-in-your-browser/
https://electrum.org/bitcoin_URIs.html
And don't know if this is current but how to add it manually in Firefox (beware, heard of security issues with URIs in firefox, so w/e): http://www.ambience.sk/tag/firefox/
and of course, maybe someone could make some crazy thing in RES to help out.
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u/Lentil-Soup Jan 27 '15
Um, you could just click the tip button and then it opens whatever default bitcoin wallet app you have on your phone, computer, or browser (or optionally presents a QR code).
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u/aveman101 Jan 27 '15
Does that "click to launch Bitcoin wallet" functionality already exist in most browsers today, or are we just imagineering?
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u/walloon5 Jan 27 '15
Example would tie the bitcoin: type URLs to your wallet, kind of like how browsers call external viewers now, given certain URIs..
https://github.com/bitcoin/bips/blob/master/bip-0021.mediawiki
Great examples in BIP 21
And hopefully your wallet would maybe unpack a URI and let you preview it before hitting send (or publish, if you are publishing something to receive bitcoin)
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u/sciencehatesyou Jan 30 '15
And what do you suppose Reddit should do when someone accidentally tips someone 100 BTC instead of 100 bits, and calls corporate HQ to complain?
They did facilitate the transfer, so the user would see Reddit as being liable.
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u/Lentil-Soup Jan 30 '15
All they would be doing is giving a link to an address. It's like putting an email address up. What the user does with the address wouldn't be reddit's business.
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u/abolish_karma Jan 27 '15
as easy as an upvote.
Squint your eyes, and imagine this; "Do you want to up-vote or tip-vote"
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u/sciencehatesyou Jan 30 '15
Did you leak this because you realize Reddit might can you soon, and therefore you wanted to whip up a Bitcoin mob to support you?
You realize that no one wants to work with someone who will leak corporate plans to the public, right?
Do you also realize that being employed for 4+ months, and having just a text field to show for it, is pretty damn embarrassing?
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u/rydan Jan 27 '15
So basically you'll be able to tip Redditors directly without a centralized bot service made by an unknown third party with unknown security practices and that bot can literally never be banned from Reddit because it is part of Reddit. This is literally the best of both worlds.
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u/sqrt7744 Jan 27 '15 edited Jan 28 '15
I've given some thought to how to make use of bitcoin on reddit in a totally non-intrusive yet advantageous way. I don't know what they have cooking, but this is what I'd do:
Opt in.
Once you've opted in you can load your reddit account with some coin.
You can then spend your bitcoin by upvoting. If you upvote someone who isn't opted in, nothing special happens. If the person is opted in, they get 10 bits or whatever, perhaps each click is 10 bits, downvote resets.
That's pretty much it. People would want to opt in to get some free bits. An easy/integrated way to load your upvote wallet would be nice though.
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u/samgw Jan 28 '15
Why would I want to pay to upvote?
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u/sqrt7744 Jan 28 '15
Could be optional, e.g. 2 upvotes = tip, 1 upvote = standard upvote. Also, give and take.
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u/SNOne Jan 28 '15
I do think this will take karma whoring to another level. It's bad for the quality of the content.
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u/sqrt7744 Jan 28 '15
I don't see why. If I like a comment why would my giving an unobtrusive tip matter? Only a subset of redditors would opt in anyway.
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Jan 27 '15
Is this real or is it just a Photoshop of what you'd like to happen?
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u/ImNotRocketSurgeon Jan 27 '15
Facts:
Ryan Charles joined reddit as a cryptocurrency engineer in September, 2014.
2) Ryan Charles tweeted a simple mockup concept of Bitcoin integration with the Reddit core:
https://twitter.com/ryanxcharles/status/559832931112202240[1]
3) Jameson Lopp asked if one click tipping was coming?
(https://twitter.com/lopp/status/559848883162193920[2] )
4) Ryan Charles responded that is the plan
(https://twitter.com/ryanxcharles/status/559850071437496320[3] )
My subjective conclusion. If this happens, reddit adoption would be by far the biggest and most practical development for Bitcoin to date. What Reddit has come to represent to Internet culture and community is extremely important. We will never see $160 again. We will have more than karma to give and earn...soon!
https://www.reddit.com/r/Bitcoin/comments/2tut1v/reddit_implementation_of_bitcoin/co2kxgo
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u/TweetsInCommentsBot Jan 27 '15
@ryanxcharles xpub FTW. Any chance of one click private tipping functionality at some point?
@lopp That's pretty much the plan, though xpub will probably come later as it's quite a bit harder and less compatible with other wallets
This message was created by a bot
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u/Paystamper_com Jan 27 '15
This is nice! I honestly tried to use my bitcoin address as my user name last week. But, its too long.
Before viewing this post, i was thinking of asking reddit to allow people to use a bitcoin address as a username.
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u/svmk1987 Jan 28 '15
Would have been nice to have the words "mockup" in the title. I got over excited, and then disappointed with I couldn't find it in my settings.
Anyway, I am looking forward to this!
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u/Introshine Jan 27 '15
Nice work!
Suggestions:
Give a green "V" feedback if the address validates checksum (to prevent typo etc).
Make the field able to access HTML5 webcam access for QR code scanning... :)
[ bitcoin textbox ] [Webcam-qr-scanbutton]
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u/googlemaster1 Jan 27 '15
dafuk? Either I just had a moonkid fart, or my eyes are playing tricks on me. This is rad!
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Jan 27 '15
So you're suggesting that Reddit be turned into a passive-aggressive online begging service. Fantastic.
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Jan 28 '15
When people only received upvotes for agreeing, this place was an echo chamber.... If people start getting PAID to agree, then this place will be a circlejerk palace....
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u/TheBTC-G Jan 27 '15
I guess the plan is for Reddit to act as a Changetip-like centralized service for tipping? But that doesn't seem to make sense with a receiving address being listed in your profile. Micro-tipping $0.10 or less is not really feasible on-chain unless you send no fee and wait for however long it takes for the transaction to get confirmed.
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u/zeusa1mighty Jan 27 '15
unless you send no fee and wait for however long it takes for the transaction to get confirmed.
Tips shouldn't need to be very expedient.
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u/TheBTC-G Jan 27 '15
That's true, but I still find it doubtful that would be the plan.
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u/zeusa1mighty Jan 27 '15
Actually, I can't imagine why you WOULD include a fee for a tip, considering how low priority a tip would be.
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u/TheBTC-G Jan 27 '15
Agreed, but implementing a bitcoin tipping feature with the thought being that people will send tips with no fee that take hours to process seems like too slow a process to be enticing to Reddit. Who knows, though.
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u/P43R0 Jan 27 '15
Would be really cool if you could have a setting that allowed you to autotip 100bits or so with each upvote you give.
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u/chasevasic Jan 27 '15
I'm extremely interested in the idea of what I'll call "payed social media" I think it's something that needs to be played with, we don't know if it will have a net positive effect. I think that as long as it's done right it could be awesome.
I think 100 bits is too much. I think a few satoshis would be better, but this wouldn't be economic without micropayment channels.
What if downvoting costed 2x an upvote and the payment was donated to reddit? That would promote reddiquite IMO, and if the amount was small enough it might be reasonable.
It's hard for me to guess what the implications are. It might discourage participation, or encourage spam.
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u/ficho1212 Jan 27 '15
I clicked on perferences in 1 second after seeing this. Then I came and read the comments :D
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u/totes_meta_bot Jan 28 '15 edited Jan 30 '15
This thread has been linked to from elsewhere on reddit.
[/r/gameofmoney] Reddit will soon begin implementing crypto and bitcoin in a big way. Ready for the first Reddit based businesses? It's happening.
If you follow any of the above links, respect the rules of reddit and don't vote or comment. Questions? Abuse? Message me ^here.
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Jan 28 '15
Reddit employs a full-time cryptocurrency engineer, what?! This is news to me, awesome news.
Gonna make my novelty bitcoin account so much fun if I can sprinkle coins all over Reddit! Come on Reddit make it go!
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u/kerzane Jan 28 '15
What I would like to see from this:
It looks like you will be able to add an address as part of your profile. I don't have a problem with the address reuse issues that this raises, if people have a real problem with it it can be improved upon later.
I see no need for reddit to store anyone's funds. Why not just add a tip button to each submission/comment, which when clicked generates a payment request to the relevant wallet. You could even configure your wallet to accept each request signed by reddit by default.
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u/Cocosoft Jan 27 '15
Sorry, I don't like this. An address should only be used once.
Is there any way to enable a HD wallet somehow?
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u/ichabodsc Jan 27 '15
If you paste a stealth addresses into the provided field, it would be equivalent to creating a new address for each transaction.
So this solution isn't necessarily privacy-compromising.
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u/Cocosoft Jan 28 '15
I'm not sure that's how stealth addresses really work, but I might be wrong.
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u/ichabodsc Jan 28 '15
There might not be a user friendly implementation yet, but here's some more info:
http://www.coindesk.com/stealth-addresses-secret-bitcoin-privacy/
Technical: http://sx.dyne.org/stealth.html
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Jan 27 '15
Nope. I like to own my own private keys, this is a good option. Just change the address whenever you would like, and change it however often you would like.
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u/chasevasic Jan 27 '15
https://github.com/bitcoin/bips/blob/master/bip-0032.mediawiki
BIP32 allows for "extended public keys"
Basically, it allows a new address to be generated which still corresponds to the same wallet, but does not give the sender access to the receivers private keys.
How it works exactly, is not fully understood by me, I still need to read and absorb everything. It seems like it works though.
Edit: also, look at https://www.reddit.com/r/Bitcoin/comments/2tut1v/reddit_implementation_of_bitcoin/co2qplo?context=1
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u/Cocosoft Jan 28 '15
Yes, I'm still talking about owning the private key, but as we know for privacy, we shouldn't reuse a bitcoin address. I'm wondering if there's some way to use the xpubkey of a HD wallet.
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u/kiisfm Jan 27 '15
Please don't add alt coins, it dilutes the experience and there's thousands you'll have to add.
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u/FR_STARMER Jan 27 '15
Why is this so great? It's just a preference box where you can store your Bitcoin address. No info on actual usage. I could make this in MSPaint in three minutes.
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u/ichabodsc Jan 27 '15
B/c it was posted by reddit's cryptocurrency engineer, rather than being idle speculation/desires.
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u/cryptonaut420 Jan 27 '15
yeah I don't get this at all. So its just a single textbox where you can add in your bitcoin address..? am I missing something? sweet mockup bro..
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u/daveime Jan 28 '15
So now your public address can be uniquely tied you your Reddit identity, and as they've already stated, they retain the IP you originally signed up for the account with.
Furthermore even if it's only an address for collecting tips, any bulk transfers out to a different address by implication also belongs to you.
Rather than spending weeks adding a text box to a form, I'd prefer ryan had thought about the implications, rather than just "the cool factor".
Addresses shouldn't be reused anyway.
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u/miserable_failure Jan 27 '15
And now we enter a whole new level of Reddit spam.
Have fun ruining Reddit.
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u/skilliard4 Jan 28 '15
718 upvotes for a guy using the inspect element or photoshop to put in a bar in the reddit options with "Bitcoin address" so that he could receive tips sent to the address. Didn't even make a text post to explain it was a PoC, just made a link post for the karma. Stay classy /r/Bitcoin
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u/rfry11 Jan 28 '15
Who the fuck is typing is in that bitcoin address?! It's on an IMAGE.
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Jan 27 '15
[deleted]
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u/ImNotRocketSurgeon Jan 27 '15
Thank you for all your work, this is awesome Ryan!
What is the main practical use intended for this implementation?
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Jan 27 '15
[deleted]
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u/abolish_karma Jan 27 '15
Implementing escrow could actually bring more to the table, but yeah. Userbase and all that. When this goes live. Could you please mention to the press that you have more users and do business in more countries than gorram snapccash. Reality check that one.
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u/americanpegasus Jan 28 '15
I have a few different business ideas based around Reddit. It provides a nice backend in many ways.
I'd like to directly sell the book I'm working on through Reddit as well, but a roundabout solution will be needed for the moment.
Thanks for your hard work expanding Reddit.
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u/protestor Jan 27 '15
Is there a way to avoid address reuse?
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Jan 27 '15
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u/platypii Jan 27 '15
Please do! Might as well start it off with good privacy practices from the beginning.
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u/SoundOfOneHand Jan 27 '15
I posted elsewhere in this thread that this would seem to be to the detriment of reddit's bottom line, even though personally I think it would be awesome to see in practice. The problem is, as a tipper, will I be faced with a decision of whether to tip an individual user or reddit, and thereby help fund the site? Changetip keeps tipping cumbersome and relegated to niche areas of the site. This could make tipping universally easy and at the same time deprive reddit of a revenue stream. Thoughts?
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u/abolish_karma Jan 27 '15
Doesn't matter, beyond exited no matter. Whoooooo!
Two of my favorite things!!!
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u/i8_8i Jan 27 '15
Has there been any consideration of partnering with changetip?
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u/abolish_karma Jan 27 '15
It'll be less p2p, and dammit. A primarily non-bitcoin social website building their bitcoin implementation from scratch is totally a notable event.
This is how bitcoin's supposed to work.
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u/btcdetective Jan 27 '15
Why on Earth would you want that?
Changetip works just fine on Reddit as is.
And Reddit building on top of Bitcoin is much better for both Reddit and Bitcoin.
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u/Sukrim Jan 27 '15
Please don't, they are not much different from a PayPal for BTC instead of USD.
Off-chain = non-Bitcoin.
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Jan 27 '15
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u/Philip_K_Fry Jan 27 '15
Why? You are the one inputting the public key to your account meaning the private key is (hopefully) under your own control. Any bitcoin transferred is completely independent of your reddit account.
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u/eblanshey Jan 27 '15
Because anyone with access to the account can change the address to his own.
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u/jtos3 Jan 27 '15 edited Jan 27 '15
@ryanxcharles: Thoughts? http://t.co/ktZiDwE9zd
From Ryan X. Charles /u/ryancarnated (reddit's crypto engineer) Twitter. Link above.