Tipb.ch App Allows You to Share a Short URL Rather Than a BCH Address on Social Media

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Tipb.ch App Allows You to Share a Short URL Rather Than a BCH Address on Social Media

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On March 23, the creator of the blog platform read.cash and the social media application noise.cash revealed a new project called tipb.ch. The application allows anyone to create a customizable short address that can be used for tips rather than having to share a long BCH address on social media platforms.

Platform Tipb.ch Allows You to Share a Short URL Rather Than a Long Bitcoin Cash Address

The founder of the blogging platform read.cash announced a new project on Reddit this Tuesday revealing a service called tipb.ch (https://tipb.ch). The Reddit post led to another post on the social media application noise.cash which described what tipb.ch does.

Essentially, the program allows anyone to create a short URL and tether it to a public bitcoin cash (BCH) address. This way, instead of having to share a long BCH to others on social media, the person can create a short address to post on Instagram, Twitter, Noise.cash, Facebook, or Read.cash.

Rather than leveraging a long BCH address, the announcement post says:

Wouldn’t it be much better to post something like tipb.ch/readcash? That’s exactly what tipb.ch does. You can register a name and use it. You can actually register up to 5 names and addresses. (In case of an obvious impersonation, like if you register a name like tipb.ch/elonmusk and you aren’t provably Elon Musk, we reserve the right to delete your address and return it to the rightful owner).

The platform takes only a few minutes to set up a short address to a public BCH address. On social media, the announcement was welcomed with open arms. The post on the subreddit r/btc had a lot of people using Chaintip to tip the creator of the new tipb.ch application. “This is awesome,” one individual wrote on Reddit. “And because I got in from the beginning, I got to choose my first name as my username,” the Redditor added.

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Taking the Tipping Further With a Twitter Faucet

In addition to the tipb.ch application, the creators wanted to take things a bit further. “What if you could post on Twitter using a hashtag #bitcoincash and your tipb.ch address and maybe get a bitcoin cash tip automatically for doing just that from us?” the creators asked. “It will help bitcoin cash gain in popularity and we could give bitcoin cash to even more people to try it out. That’s exactly what we plan to do with our newest tipb.ch bitcoin cash faucet for Twitter,” the tipb.ch creators noted.

An example of a tipb.ch address the Read.cash creators have made. Users can tether up to five different bitcoin cash addresses to a unique short URL.

Currently, the faucet doesn’t work yet, but the faucet should be functional within a week the developers added. The team still needs to debug the software and people can start posting on Twitter now using the hashtag #bitcoincash and their tipb.ch address. If there are posts on Twitter that match those requirements (#bitcoincash + tipb.ch address), it will help the programmers develop things faster.

What do you think about the tipb.ch platform and being able to share a short URL rather than a long bitcoin cash address? Let us know what you think about this subject in the comments below.

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#BitcoinCash, BCH, BCH tips, bitcoin cash, bitcoin cash BCH, Chaintip, Crypto, crypto assets, Crypto Tipping, faucet, Noise.cash, Noise.cash Social Media, read.cash, read.cash blog, Sharing Economy, Social Media, tipping, tips, Twitter

Image Credits: Shutterstock, Pixabay, Wiki Commons, tipb.ch

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TESLA NOW ACCEPTS BITCOINTesla reveals bitcoin acceptance.

PRIVACY

by Felipe Erazo

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Digital Yuan Won't Be Fully Anonymous but Offers 'Controllable' Privacy Protection, Says Official

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Privacy has been a discussion that has not gone unnoticed when it comes to the forthcoming launch of the digital yuan. The head of the People’s Bank of China-run Digital Currency Research Institute had firmly pointed out that anonymity cannot be guaranteed at all.

Feature Seeks to Avoid Tax Evasion and Finance Terrorism

During an interview with the Securities Times, Ma Changchun told the 2021 China Development Forum that a fully anonymous central bank digital currency (CBDC) is impossible.

The reason, said the official, is that the government needs to make it compliant with the anti-money laundering (AML), know-your-customer (KYC), and counter-terrorist financing (CTF) measures.

Per the official, such transactions should also be scrutinized to avoid tax evasion schemes through the upcoming Chinese CBDC, developed by the PBoC.

However, Ma clarified that there would be a “controllable anonymization” technology implemented in the digital yuan.

Although he didn’t explain in-depth the “controllable anonymization” concept, Ma pointed out that such anonymity is the one that it’s commonly used for privacy consumer protection purposes.

The Role of the Telecom Providers

Still, he explained how the digital yuan wallet could work out with KYC measures implemented:

The wallet with the weakest KYC strength is an anonymous wallet, which can be opened with only a mobile phone number. Of course, this type of wallet has the lowest balance and daily transaction limit, which can only meet the daily needs of small payments. If you want to make large payments, the wallet needs to be upgraded, and the wallet balance and payment limit will increase as the KYC intensity increases.

The head of the Digital Currency Research Institute also clarified which would be the role of the domestic telecommunication providers in the digital yuan’s development process:

Although the payment departments of telecom operators are also involved in the research and development of digital renminbi, according to the current national laws and regulations, telecom operators are not allowed to disclose mobile phone customer information to third parties such as the central bank. Of course, they are not allowed to provide it to the departments that operate digital renminbi. Therefore, wallets opened with mobile phone numbers are completely anonymous to the People’s Bank of China and various operating agencies.

What do you think about the “controllable anonymization” mentioned by the Chinese official? Let us know in the comments section below.

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CBDC, china digital currency, chinese digital currency, Digital Currency, Digital Yuan, PBOC, Privacy, wallet privacy

Image Credits: Shutterstock, Pixabay, Wiki Commons

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