Hi everyone, I'm Cobos, the creator of MiniTip, a brand new free Bitcoin tipping service whose only interface is reddit.

I've been a lurker for a little while and I thought recently that with all this BU Core drama going around ruining everyone's mood, why not be productive and make something that could lighten our moods and bring us all together. So for the last little while I've been working on this

I just finished developing it (for now, assuming it works as intended). I created it because ChangeTip shut down a few months ago and I wanted to revive the concept of Bitcoin tipping on reddit, since it can be quite fun, brings people together, and brings a lot of exposure to Bitcoin as well. In addition to this, I also wanted to improve on what we had previously, and so MiniTip was born.

The service is currently in its infancy, so please use with caution, at entirely your own risk, and make sure you only deposit small amounts if you choose to use it, also please make sure to PM me at /u/CobosBfb or make a post on r/MiniTip if you find any bugs or have suggestions for improvement.

MiniTip is a completely native-to-reddit service that allows you to do things like tip people whose content you like in Bitcoin by replying to their posts/comments, or top up and withdraw your balance. The only interface you need is reddit comments and reddit PMs, no third party website visits or account creations required.

The best part is that we have no internal ledgers for transactions, so your tips never leave the blockchain. It is almost entirely peer-to-peer, which, given Bitcoin's core philosophy of decentralized people power, I feel is quite fitting.

So, how does it work? Well, there are two components to the service:

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Tipping

The currency we use is bits. One Bitcoin is equivalent to 1,000,000 bits. With Bitcoin transaction fees rising, we wanted to strike a good balance between being able to tip people conveniently and the time it takes for a transaction to confirm. As such, we have decided on a flat miner's fee of 100 bits (~$0.10) for the transaction to be broadcast on the blockchain. Though in the current Bitcoin climate this is a bit low, we feel that this strikes a good balance for small tips here and there that are by no means time-sensitive.

To tip people, all you have to do is reply to a comment or a post that you liked, with your reply containing /u/MiniTip along with an amount anywhere in your comment, and they will be PM'd automatically with instructions on how to claim their tip (even if they have never used MiniTip before). For example:

Wow that really made me think... /u/MiniTip 500 bits 

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Commands

There are four commands currently, and you can use these by simply PMing /u/MiniTip with the command of your choice in the message body.

balance

To check what your current MiniTip account balance is, as well as instructions on how to top-up or withdraw your balance.

history

To view all previous tips that either you have sent or others have sent to you.

[address]

Enter your Bitcoin address along with nothing else inside the PM body to set your own personal Bitcoin address as the default address that tips are sent to.

withdraw

[For use after setting your personal address] To withdraw funds from your MiniTip account into your personal address.

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Feel free to ask any questions you may have.

Also, to celebrate the launch of MiniTip, I'm doing a small Bitcoin trivia giveaway of 10,000 bits (~$10) to the first person that comments on this post that has figured out the meaning of my username. I'll check back later today or early tomorrow to see if anyone got it. Here's a hint: It's related to something/someone not far from home…

Good luck and happy tipping!