The Iristipbot is now live! Tendermint & SG-1 Validator launch the Iristipbot automated tip app for Twitter and Telegram.
By: Cosmos Tip App
Tags: Cryptocurrency, Digital, Cosmos, Blockchain, Bitcoin

The @Iristipbot allows anyone to send IRIS cryptocurrency tip donations to their favorite content/creator. @Iristipbot (Beta) enables tipping on public Twitter posts & Telegram groups using the standard tip format (example):

@Iristipbot !tip 1 @usernamehandle

or in Telegram groups using this format:

@Iristipbot /tip 1 @usernamehandle

Sending & receiving cryptocurrency on Twitter & Telegram is convenient, transparent, intuitive and fast. Tip-bot transactions are confirmed by 100 decentralized nodes (Validators) on the Iris Blockchain (Hub).

Once a tip arrives at an intended address (@usernamehandle) it is permanently confirmed and irreversibly timestamped on the Iris blockchain ledger.

Users of the tip-bot are encouraged to frequently withdraw tokens balances from their tip-bot addresses to hardware wallets, as they are not meant for long-term storage.

How to navigate the @Iristipbot on Twitter or Telegram?

Visit @Iristipbot Send a direct message (DM) to the tip-bot and type !help in the comment field or alternatively /help on Telegram. Next type !register to claim a unique IRIS address for your Twitter ID.

Congratulations 👨🏼‍🚀 the bot has assigned a unique IRIS account to your personal Twitter ID.

A user may track & check his/her account on a public blockchain explorer: https://www.mintscan.io/iris/validators

In order to deposit/withdraw IRIS cryptocurrency, one may use the bot command !deposit or !withdraw to either load-up a tip account or transfer IRIS to a more secure hardware wallet like https://www.ledger.com/

Visit cosmostipbot.com/Iris to learn more about the Iristipbot!

We want to thank the Iris community and entire Cosmos ecosystem for helping with testing of this new public tool. By helping with Beta testing, the @Iristipbot gets more efficient. Everyone is now welcome to start tipping their favorite content or creator👨🏼‍🚀With suggestions, feedback and general interest please contact support via E-mail.

Social Media:

Learn more: cosmostipbot.com/Iris

Creators: https://tendermint.com/ & https://sg-1.online/

Twitter (Iristipbot): @Iristipbot

Telegram (Iristipbot): @Iristipbot

Disclaimer:

It is NOT recommend to store large sums of IRIS in tip-bot accounts. The @Iristipbot software is made available in best care. All user interactions associated with the @Iristipbot are performed at users own personal risk. Please follow the Twitter/Telegram Terms of Service. A permanent suspension and removal of your Twitter ID by Twitter or Telegram may compromise your ability to control your tip-bot account.

How is the @Iristipbot maintained?

The tip-bot processes all tx via Iris public blockchain. SG-1 validator is maintaining and securing independent nodes to ensure 24/7 availability. Maintenance and development is sustained by a flat 5% pow-fee* on any outgoing tip made by users of the @Iristipbot. Withdraws from tip-bot addresses do not pay the 5% fee. A very small amount of IRIS is used to cover the gas on each tip-bot transaction.

Tx-fee (example):

✅Joe wants to tip 0.01 IRIS to Anna via a public mention on any public tweet. He uses the standard tip format below:

@Iristipbot !tip 0.01 @Anna

✅Joe must !register with the @Iristipbot

✅The bot automatically charges a 5% pow-fee which includes the gas cost*

✅Anna receives 0.0095 Atom at her Twitter ID .

Anna gets notified and may proceed to withdraw the tip by sending a DM to @Iristipbot with the command !register or !help followed up by !withdraw or continue tipping.

“Tip recipients do not need a tip-bot account to be able to receive tips. Registration with the bot is only required to withdraw tips”

(*5% tip-bot proof of work fee explained. It consist of 1. Cost to cover the gas to perform the Atom tip transaction + 2. Cost to maintain optimal tip-bot up time, efficiency & development improvements).

A confirmation tweet will always appear below the mentioned tip tweet and indicate the tx hash including amount sent, a timestamp and link to a reliable IRIS blockchain explorer.