strypey,
@strypey@mastodon.nzoss.nz avatar

about , which according to their website;

"... is being proposed as a standard at the Web Platform Incubator Community Group":

https://webmonetization.org/

Hyolobrika,
silverpill,
@silverpill@mitra.social avatar

@Hyolobrika @strypey @wjmaggos Web Monetization was a failed attempt to promote Ripple scam to a web standard

Hyolobrika,

@silverpill
Whatever it's origins, don't you think it's best to use open standards? I.e. for
Also, it's currency- and ledger-agnostic, at least now.
@strypey

silverpill,
@silverpill@mitra.social avatar

@Hyolobrika @strypey No, it's not ledger agnostic. Ripple, Interledger, WebMonetization, Coil, Uphold etc are all parts of the the same machine. They call it "open standard", but it is tied to a small set of API providers (centralized and KYC'd). Basically, it's a marketing campaign targeted to people who don't know much about cryptocurrency world. And its operators have really deep pockets.

silverpill,
@silverpill@mitra.social avatar

@Hyolobrika By the way, if you're interested in ledger-agnostic standards, check https://github.com/ChainAgnostic. This group is not 100% neutral (it was founded by people from Ethereum community), but they are competent and they don't promote any specific chain. There are contributors from many different projects: https://namespaces.chainagnostic.org/

strypey,
@strypey@mastodon.nzoss.nz avatar

Clearly I need to do some more reading on this, but from what I've read so far, this...

@silverpill
> Ripple, Interledger, WebMonetization, Coil, Uphold etc are all parts of the the same machine

... doesn't seem like a fair description. Coil has shut down but the InterLedger Foundation still seem very active.

> They call it "open standard", but it is tied to a small set of API providers (centralized and KYC)

The whole point of the standard is that anyone can be an API provider.

@Hyolobrika

silverpill,
@silverpill@mitra.social avatar

@strypey @Hyolobrika

>doesn't seem like a fair description

https://webmonetization.org/ links to Interledger and Gatehub. Interledger site links to Coil, Puma browser and some noname charity. "Chairperson of the Interledger Foundation, Founder and CEO of Coil". Same guy is the founder of the Puma browser. Previously there were links to Uphold as well, no idea why they removed them. Gatehub = Ripple. And finally, Interledger was invented by Ripple.

They are trying to make it look like a movement, but in reality it is a small group of companies and organizations used as a front for Ripple.

>The whole point of the standard is that anyone can be an API provider.

No one wants to. It's like Microsoft created a standard and the only available API provider is Azure.

strypey,
@strypey@mastodon.nzoss.nz avatar

I'm not disputing that these things are interconnected. But that's not the same thing as...

@silverpill
> a small group of companies and organizations used as a front for Ripple

You could map a similar set of connections through the fediverse to imply that @cwebber is in charge of every organization connected to the fediverse.

Do you have any evidence for the implied claim that the people in charge of InterLedger Foundation or WebMonetization.org were behind the Ripple scam?

@Hyolobrika

silverpill,
@silverpill@mitra.social avatar

@strypey @Hyolobrika

I think I have provided enough evidence that all these organizations are linked to Ripple. It's a common knowledge.

>You could map a similar set of connections through the fediverse to imply that @cwebber is in charge of every organization connected to the fediverse.

Well, @cwebber is just a person, and there's a entire universe of independent projects maintained by volunteers. Ripple is a big company and 6th largest cryptocurrency by market cap (probably fake but still worth considering), known for shady behavior and using paid shills to promote their products, and it has been trying to infiltrate standards bodies for almost a decade. The WebMonetization ecosystem is... Two companies affiliated with Ripple and a small number of plugins funded with grants?

colinsmatt11,
@colinsmatt11@gleasonator.com avatar

@silverpill @strypey @Hyolobrika Are we not going to talk about Ripple's "donations" to W3C? That was the thing that sealed the deal for me.

pomstan,
@pomstan@xn--p1abe3d.xn--80asehdb avatar

@silverpill @Hyolobrika @strypey

It’s like Microsoft created a standard and the only available API provider is Azure.

which one is this?

silverpill,
@silverpill@mitra.social avatar

@pomstan--80asehdb @strypey @Hyolobrika It was Coil, but apparently they pulled the rug so I have no idea.

Hyolobrika,
silverpill,
@silverpill@mitra.social avatar

@Hyolobrika @strypey FEP-0ea0 is intended to be a replacement for FEP-8c3f (see discussion https://socialhub.activitypub.rocks/t/fep-8c3f-web-monetization/2719)

strypey, (edited )
@strypey@mastodon.nzoss.nz avatar

@silverpill
> FEP-0ea0 is intended to be a replacement for FEP-8c3f

What makes Web Monetization interesting is that from a user POV it works like a subscription. But one subscription that can support many publishers. Your FEP appears to implement micropayments, which have been tried and failed again and again since the 90s and will never work, for reasons discussed here:

https://mastodon.nzoss.nz/@strypey/110262616796875855

@Hyolobrika

silverpill,
@silverpill@mitra.social avatar

@strypey @Hyolobrika My FEP is not about micropayments specifically, it simply describes a way to mark any link as "payment link".

strypey,
@strypey@mastodon.nzoss.nz avatar

@silverpill
> My FEP... simply describes a way to mark any link as "payment link"

Some people may want to tip a creator for a PeerTube video or WriteFreely blog they enjoyed. Hell, maybe some will even want to tip a particularly insightful Mastodon post. I'm not against experimenting with this busking hat approach, in a way that doesn't depend on crypto-tokens (as does the tipping on Minds, Odysee etc).

(1/2)

@Hyolobrika

strypey,
@strypey@mastodon.nzoss.nz avatar

@silverpill
But the digital busking hat is not the same thing as the nagless, single-subscription approach of the Web Monetization standard. Maybe it's a dead-end for technical reasons I don't yet understand. But as a user, I like it, and if the only barrier is the lack of payment providers, I'd be happy to talk to folks like LiberaPay, OpenCollective, and Flattr about getting on board, or even work on setting one up as a platform cooperative.

(2/2)

@Hyolobrika

Hyolobrika,

@strypey
Tipping for posts is stupid
@silverpill

strypey,
@strypey@mastodon.nzoss.nz avatar

@Hyolobrika
> Tipping for posts is stupid

Tipping is pretty stupid in general. Any musician will tell you that busking is no way to make a living. But I'm all for running the experiment. Some payment is better than no payment, especially when it doesn't depend on a gatekeeper like YT or Spotify who keep most of the revenue for themselves.

@silverpill

strypey,
@strypey@mastodon.nzoss.nz avatar

Here's an interview with Stefan Thomas, CEO of Coil, that goes into some technical details on how the design for the InterLedger Protocols (ILP) led to Web Monetization as a proposed web standard:

https://www.w3.org/blog/2019/09/w3c-interview-coil-on-interledger-protocol-and-web-monetization/

It also includes some helpful explanations on the logic involved in the design of internet protocols

strypey,
@strypey@mastodon.nzoss.nz avatar

I wonder if Web Monetization is being considered for implementation by the team behind GNU Talers?

https://token-information.com/the-gnu-thaler-digital-cash-without-blockchain/

strypey, (edited )
@strypey@mastodon.nzoss.nz avatar

Fediverse blog platform Write.as added it in 2020:

"... Web Monetization allows you to buy a single subscription through a provider such as Coil, and get access to all paid content across the web that supports Web Monetization. This includes blogs on Write.as, an ad-free experience on Imgur, independent sites from around the web, and plenty more. With that subscription, all you need is a special browser or extension to access paid content."

https://write.as/blog/monetize-your-writing-with-micropayments

kravietz,
@kravietz@agora.echelon.pl avatar

@strypey

That was a very interesting idea 2-3 years ago when I looked at it[^1] but seems effectively dead today as coil.com went out of business^2 and they were the only provider currently bridging the deposit side (user subscriptions) with payout side. Seems like it’s not really in the interest of the current large players on both sides, who seem to prefer advertisement and behavioural tracking based model with indirect payments, while direct consumer → publisher model in its simplicity removes significant part of the middlemen business.

strypey,
@strypey@mastodon.nzoss.nz avatar

@kravietz
> [Web Monetization] seems effectively dead today as coil.com went out of business

That doesn't seem like a good sign. But the InterLedger Foundation still seems to be very active. Could be they are working with other companies for...

> bridging the deposit side (user subscriptions) with payout side

If the tech works, and especially if it's still on track to be a W3C standard, maybe one could be set up as a platform cooperative?

strypey,
@strypey@mastodon.nzoss.nz avatar

@kravietz
"ad-tech turned websites into massively oversized) bulletin boards that basically publish untrusted HTML distributed by an obscure network of third-parties of dubious reputation and unlimited appetite for unrestrained access to your web browser."

https://krvtz.net/posts/state-of-web-micropayments.html

The problem isn't the HTML so much as the JavaScript.

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