A New Wave Of Updates – XRP's TipBot Sees Further Updates To Its Newest Paper Accounts Feature
A new update has now been added to the XRP TipBot system. This is as of an announcement made on November 20th by Wietse Wind. The new feature in question? It's called ‘Paper Accounts.' The function behind a paper account is to enable any new user to open an account on TipBot without needing to go through the normal process of syncing up through a social media account.
As of today, Wind has gone on to state that the paper containing tip and the QR code for the TipBot app will also include an ID. This is in order to allow users to be informed that a receiver has fully activated their account. In a recent post on its Twitter account, he went on to elaborate the following:
“Paper Account @XRPTipBot update: you want to know who activated your gift and who didn’t, right? 😇 Paper Accounts will now have an ID at the top left corner, listed at https://www.xrptipbot.com/app/share as well. Name the Paper Account, and receive a Push notification upon activation”
Now, while it comes off as a seemingly innocuous thing to those that don't use XRP's TipBot, it's been a secret, long-awaited feature that many users have been waiting for. And with its announcement by Wind, that waiting is now over.
He went on to explain how it functions, saying that users would be able to log on to the TipBot application, create a paper account, and spread them around by sending them over to friends, family, even artists or specific services they'd want to support.
In addition to this, the paper system will allow for both public and private QR codes, wherein the public code can be put to use to send tips. Meanwhile, the private code will assist in receiving tips from fellow users.
In recent memory, the XRP TipBot also saw its collaboration with another kind of micropayments startup, referred to as Coil. This application was built with the specific purpose of paying to website portals and content creators via its system called STREAMING (Streaming Transport for the Real-time Exchange of Assets and Messages). This refers to a process through which the customers can tip in micro-funds and in a reliable, continuous flow, this would be only for the time they have spent on the portal specifically.
For example, Dr. T, who is a member, and firm fan of the XRP ecosystem, gave a very positive response to Wind's tweet, stating:
“Wow. This is really really useful addition!
So, not only can I give random strangers XRP, I can get a notification on my phone when they activate it!!!!! Wow! And if they don’t for a period of time, the XRP comes back after 30 days?”
To this, the creator reverted by commenting:
“If they don’t, your Tip will just be returned to your account, as if they tipped you the entire initial amount back. Their Paper Account will stay valid though, except when they activate it after 30 days, your Tip will no longer be there waiting for them.”