Donations - Bitcoin?
Posted: Tue Mar 25, 2014 7:59 pm
G'day
In addition to amazon and paypal, why not accept bitcoin or litecoin for donations? You can easily covert the btc/ltc to usd to pay for costs.
Also if you can introduce a feature like reddedit, you could also let people tip on worthwhile threads at a click of a button..
So similiar to +1 you could tip xyx btc/ltc if you find a thread helpful. So the person getting tip gets 90% and the forum 10% of the tip?
As hackers like to fleece wallets, as I'm guessing the forum will have to store wallets for people to tip from you'd have to sort out security. Make wallets keep a max of 0.01 btc? ($5~) So at least the site's wallet don't have a lot of money to go after. Tho with say 100 users with a max of $5 thats a $500 treasure to go after. Most sites get compromised as they keep the wallet on the same server, so maybe keep the wallet on a different server (the only hosts the wallet). So even if the main site gets compromised the wallet server is fine.
Who knows implement two factor authentication (google auth) for all withdrawals? So even if the site gets compromised, there is no way for hacker to get your coins?
In addition to amazon and paypal, why not accept bitcoin or litecoin for donations? You can easily covert the btc/ltc to usd to pay for costs.
Also if you can introduce a feature like reddedit, you could also let people tip on worthwhile threads at a click of a button..
So similiar to +1 you could tip xyx btc/ltc if you find a thread helpful. So the person getting tip gets 90% and the forum 10% of the tip?
As hackers like to fleece wallets, as I'm guessing the forum will have to store wallets for people to tip from you'd have to sort out security. Make wallets keep a max of 0.01 btc? ($5~) So at least the site's wallet don't have a lot of money to go after. Tho with say 100 users with a max of $5 thats a $500 treasure to go after. Most sites get compromised as they keep the wallet on the same server, so maybe keep the wallet on a different server (the only hosts the wallet). So even if the main site gets compromised the wallet server is fine.
Who knows implement two factor authentication (google auth) for all withdrawals? So even if the site gets compromised, there is no way for hacker to get your coins?