Twitter adds ethereum for tipping and receiving

[romero121]

Have you set up Tips on your profile yet so it's easy for people to show their support?

Yes: Cool, we’ve added Paga, Barter by Flutterwave, Paytm, and the option to add your Ethereum address.

No: What are you waiting for?
Here's how : help.twitter.com l About Tips and tipping | Twitter Help

Twitter have once again refreshed it's tipping feature with the addition of ethereum to it. Users need to enable the tipping feature and add an ethereum address. The Bitcoin tipping happens through lightning network. There is no much details regarding the ethereum tipping process. As of now this service is available on iOS and Android devices.

Twitter enables users to give and receive Ethereum tips natively

[ItsNotSean]

Pay $200.00 in gas for a $1.00 ETH twit tip.

Who thinks up this nonsense?

[GreatArkansas]

Pay $200.00 in gas for a $1.00 ETH twit tip.

Who thinks up this nonsense?

Hahahaha. This is also on my end, currently, Ethereum is not the best chain to use when you want to use it as for tip.
So basically, this tipping feature on Twitter with Ethereum will not become more usable for the whales or people who can afford these high transaction fees.
Or other people could tip someone with a high amount, they can use Ethereum.

[Fundamentals Of]

This is expected. When crypto tipping was implemented on Twitter, it started with Bitcoin. But I was already asking myself why only Bitcoin when there are a lot of Twitter users who are also solid supporters of Ethereum and other top and respected altcoins.

It is understandable for Twitter not to allow altcoins that are not as established as Ethereum, Monero, Litecoin, etc. But there are certain altcoins that have also somehow become the face of crypto.

[dimonstration]

This is only possible if they will do the tipping using an internal transaction to minimize transaction fee. Doing it on-chain is a suicide move for whoever tip a user, Imagine the fee will cost more to the tip amount. But I wonder if twitter will waste time solving the fee problem since most the user that will use the Ethereum are most probably whales that usually lurks on famous twitter account tweets like Elon Musk and CZ.

Still this is a good publicity even though its useless to use for normal user with small amount of ETH in there wallet.

[blockman]

Not wise to tip in Ethereum. The fees are still up and expensive but who can't stop those who want to tip their idols and other fellows with this feature?
It's a good feature if we're going to analyze it and basically a bigger picture that we should see since it's Twitter that's always been welcome with developments related to cryptocurrencies.

[julerz12]

As many have already mentioned, the gas fees are the problem with that. Currently not viable to tip someone while paying more for the gas fee.
I think it would have been better if Twitter have chosen Layer 2 coins like MATIC or Arbitrum as they are known to have cheap transaction fees. Still, this is a good way to gain more exposure for Ethereum though. Pretty sure, sooner or later ERC20 tokens and maybe even NFTs will be included as well.

[noormcs5]

Pay $200.00 in gas for a $1.00 ETH twit tip.

Who thinks up this nonsense?

I am sure no one will use tiping feature through ethereum chain but the good thing is that it will create awareness amoung many new users about bitcoin, ethereum and overall cryptocurrencies. Once ethereum gas fee issue is resolved, it will be better to use ethereum chain for tipping purpose, rather than bitcoin.

Do you think twiiter will integrate solana and other faster chains too for tiping ?

[bitkanu]

Pay $200.00 in gas for a $1.00 ETH twit tip.

Who thinks up this nonsense?

LOL im also think about this too. Im sure that none will be using ethereum for tipping if the transaction will be done onchain and it's not using the hot wallet mechanism like cex that makes you able to send to the another account in the same platform for free. This is totally a non sense thing to be implemented the average transaction is so expensive and how can people use this feature?
Im sure that if no one will be using this feature.

[takngantuk]

Pay $200.00 in gas for a $1.00 ETH twit tip.

Who thinks up this nonsense?

this is very useless and not great news. twitter seems not aware of the current ethereum issue. they don't seem to see the GAS fee on the ethereum network to be one of the most expensive. this is stupid news for me LOL....

[Maus0728]

While I understand that the Ethereum network's high transaction price is a major issue when it comes to tipping, you can use BTC (BTC)^[1] instead. As far as I'm aware, Twitter has enabled the use of Strike^[2] wallet for tipping other users via Lightning Network, which is extremely convenient for instant and low transaction fees. The only drawback I can think of is that Strike wallet is a custodial wallet that is only accessible in a few countries and is subject for KYC as well as asset freezing due to its centralized nature.

Again, it could be extremely problematic for now but implementing other alternative like ETH is still a good stepping stone in crypto space.

[1] https://blog.twitter.com/en_us/topics/product/2021/bringing-tips-to-everyone
[2] https://strike.me/faq/whereisstrikesupported/

[Psynthax]

I kinda feel doubt if twitter will be using ethereum for tipping on twitter. We will see how long ethereum will be used by twitter for tipping purpose while im sure that mostly of people will be using bitcoin instead of ethereum. i hope that twitter will think for the twice before try to add ethereum on its crypto tipping feature. Someone who will be sending small amounts of tip will be useless caused by this receiver can't also take the money. I think that a new observation is needed by twitter in this case instead of using the most expensive blockchain for tipping purpose. I just wanna know who will be paying the non sense fees to give a tip to others.

[danherbias07]

Just at the wrong time but perhaps Twitter is just preparing it for the future. No one is forced to tip with high fees but when everything gets smooth again with the Ethereum chain then who knows if this will be one of the trends.
I like the idea to avoid Twitter becoming a diary of known personalities. Like, even in the comfort room they will need to tell everyone what they are doing.  Something helpful will be written like for me, sports analysts will get some extra income by just sharing what's new about sports or game outcomes.
I won't jump to conclusions yet.

[so98nn]

Lolz, I am so behind of everything. I did not even know that there exists such feature? What is the history behind this and whats the use. I mean why the hell I would go on the twitter and spend my tip on something as rubbish as lets say Elon manipulating tweets. 

If they really want to care about the twitter community then they need to add some good features along with it. Just having tip button means nothing. Its kinda started feeling like "STEEMIT" blog where different users would come and up vote the liked post and in return they used to get the power up or STEEMS / SBD.

However, Twitter does not seem to be promoting it in commercial aspect, so not sure how successful it is?

[bakasabo]

Pay $200.00 in gas for a $1.00 ETH twit tip.

Who thinks up this nonsense?

this is very useless and not great news. twitter seems not aware of the current ethereum issue. they don't seem to see the GAS fee on the ethereum network to be one of the most expensive. this is stupid news for me LOL....

First they introduce Ethereum to twitter community. Then they wait till people get used to it and implement NFT in Twitter. Sooner or later NFT will appear in twitter. I dont believe that people in Twitter are so stupid to add a blockchain with most expensive transactions to let users send small amounts. Maybe their next step will be releasing twitter tokens instead of NFT. I dont know. But adding ETH to tipping system sure has passed brainstorming and it is no a useless strategical move by Twitter.

[TastyChillySauce00]

they should just also implement tipping from the blockchain that are similar from ethereum honestly because the ridiculous fee that ethereum has, using blockchain like BSC and like matic makes a lot more sense.
I think this is just for testing out the features that they have in regards of tipping, in the future I guess they just gonna be adding more and more cryptocurrencies specifically the ones that are more or less the same interface like ethereum basically those second layer platforms. anyone here have said that using ethereum for tipping is rather ridiculous, and that’s true, if they also allows ERC20 tipping, this gonna be even more ridiculous or this feature that twitter offers itself is just a gimmick because it has zero practicality at this moment around.

[eaLiTy]

~
Twitter have once again refreshed it's tipping feature with the addition of ethereum to it. Users need to enable the tipping feature and add an ethereum address. The Bitcoin tipping happens through lightning network. There is no much details regarding the ethereum tipping process. As of now this service is available on iOS and Android devices.

Not the best time for Twitter to add Ethereum to tip users, they will need to wait years to make use of that coins because of the much higher transactions, unless and until Twitter honor the withdrawal fees, then there is nothing much to worry but i doubt they will be taking the huge burden because the fees are crazy high. They should have done a better research before adding Ethereum for tipping  .

[nimogsm]

how correctly it was noticed here that the price of gas is now very high and no one will leave a tip under such conditions, there is no point in it.
This is exactly the moment when Ethereum was added for the sake of marketing, but not for the benefit of users.

[zasad@]

Pay $200.00 in gas for a $1.00 ETH twit tip.

Who thinks up this nonsense?

https://etherscan.io/gastracker
Why did you decide that the commission will cost $200. Today, the commission for paying with Ethereum is about $3.When using tokens in smart contracts, the commission is high, but this is a regular payment in Ethereum coins.
Perhaps later, the ability to pay in Optimism, Arbitrum, Polygon and other L2 solutions will be added, where the payment will cost a few cents.

[evilgreed]

               How dumb. I was literally laughing after reading the first comment. Damn, of all the things they can come up with to better twitter or all the better coin choices that are out there they really went on and chose Ethereum you just gotta wonder if they really are trying to better twitter or trying to sabotage it instead. Haha. Anyway, at least they're putting efforts though, better than doing nothing. Let's just appreciate the efforts, 🤣🤣🤣