Last week the pseudonymous developer who created the Crescent
Cash wallet, Pokkst, announced the launch of a new tipping service
called Tipbitcoin.cash. The tool gives anyone the ability to tip their
favorite streamer on Twitch using bitcoin cash.
Meet the Bitcoin Cash Tipping App for Twitch — Tipbitcoin.cash
Twitch,
the live streaming video platform operated by Twitch Interactive, is an
extremely popular website that has 2.2 million broadcasters monthly and
15 million daily active users. Recently Pokkst, the creator of Crescent Cash and Bchgallery, introduced a new app called Tipbitcoin.cash. The platform is a bitcoin cash (BCH)
tipping service for livestreamers and it allows anyone to easily tether
it to their Twitch account. On June 24 Pokkst announced: “Hey everyone,
I’m excited to announce Tipbitcoin.cash is now available —
Tipbitcoin.cash is a non-custodial bitcoin cash tipping service for
livestreamers.” Pokkst also revealed that the tipping service does not
take any fee and the only fees you will encounter are BCH network fees.
If you already have a Twitch account,
you can use it to log in to download Streamlabs alerts. If you don’t
have a Twitch account you can register and then download Streamlabs OBS.
The startup Streamlabs integrated with Twitch last year when it gave
users the ability to send tips through a user’s Coinbase account.
Streamlabs offered Twitch tipping with BCH, ETH, LTC, and BTC
with no additional fees. At the time, Streamlabs executive Tom Maneri
told the public: “It’s time to give one of your Lambos a wash, because
all Streamlabs broadcasters can now accept cryptocurrency tips.”
order to use the bitcoin cash tipping application with Twitch, you need
to authorize both Tipbitcoin.cash and the Streamlabs platform.
After connecting with Streamlabs, the
next thing to do is set up a tip page which is created when you first
log in. Next, you will need to add an xPub (or extended public key) to
tether your wallet to the platform. Every BCH
address generates an extended public key and it contains information
about the public key and chaincode for key derivation purposes. Using
the xPub does not give anyone access to your private keys and
Tipbitcoin.cash is noncustodial because it is tethered in this fashion.
You can easily find an extended public key for one of your addresses in
the Bitcoin.com Wallet, Crescent Cash, and Electron Cash.
the extended public key and Tipbitcoin.cash and Streamlabs are
authorized you can tip livestreamers on Twitch using the platform.
Pokkst’s app logs the top five donors and your history of tips as well.
From here you are pretty much set up
and can donate to other Twitch streamers or your Tipbitcoin.cash page.
You can also change your profile settings which include changing your
extended public key, writing a small bio and toggling the donation alert
settings. Tipbitcoin.cash allows you to add an image, GIF or sound link
and a minimum donation for alerts in USD. Right now the application
only supports Twitch and originally Pokkst was going to add other
platforms but decided he couldn’t for privacy reasons. “After further
research, Youtube and Facebook would both reveal either full name or
email address as the display name — So for now I will not be adding
Youtube/Facebook/Mixer support, just Twitch,” Pokkst told BCH supporters on Reddit.
Pokkst had planned on connecting Tipbitcoin.cash to Youtube and
Facebook but opted not to do so for privacy reasons. Pokkst has also
detailed how people can tip BCH in an anonymous fashion using the Tor browser.
Tipbitcoin.cash Sees More Than 100 Tips Dispersed so Far and Twitch.tv Brings Bitcoin Payments Back via Bitpay
There are over two dozen streamers
signed up for Tipbitcoin.cash and you can view a list of users by
pressing the streamers tab. There are people like Pokkst, Host Fat,
Bchcain, Foxplaysofficial, and Kaeptnkronk on the list and well-known BCH proponent and streamer Collin Enstad. On June 27, Enstad host of Collin’ It Like It Is, a “no bullshit crypto show,” published a video
on how to use the bitcoin cash tipping application. So far Pokkst
reports that over 100 tips have been dispensed using Tipbitcoin.cash.
settings on Tipbitcoin.cash allow you to change your xPub, add a little
info about yourself, add an image, GIF or sound and add a minimum
donation size for alerts.
Pokkst’s tipping application follows Twitch.tv silently reintroducing bitcoin core (BTC) and bitcoin cash (BCH) payment for purchased items on the web portal, after the company’s previous decision to remove bitcoin payments on December 6, 2017,
“due to high fees and volatility in the value of Bitcoin.” Now the
company has added support once again and has chosen to use Bitpay to
process BCH or BTC payments.
week Twitch.tv users noticed that the company had silently added Bitpay
support which means you can pay for games and items on Twitch by using
either BCH or BTC.
It’s not very obvious at first glance
that Twitch.tv supports crypto payments until you continue to press the
“more payment options” tab. After pressing two more payment tabs, users
can then finally see the option to pay using the Bitpay
service. Between the recently added Bitpay support, Streamlabs, and the
new Tipbitcoin.cash application, Twitch has a lot more crypto-related
features than most video services. Check out Collin Enstad’s video below
to learn more about using the newly launched Tipbitcoin.cash
application.
What do you think about the bitcoin cash (BCH) tipping app Tipbitcoin.cash? Let us know what you think about this subject in the comments section below.
Disclaimer: This editorial is intended
for informational purposes only. Readers should do their own due
diligence before taking any actions related to the mentioned company or
any of its affiliates or services. Bitcoin.com or the author is not
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.
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