webmonetization VS rafiki

From https://webmonetization.org/ :

> Web Monetization provides an open, native, efficient, and automatic way to compensate creators, pay for content, and support crucial web infrastructure.

> Why Now?: Until recently, there hasn't been an open, neutral and cost-efficient protocol for transferring money. Interledger provides a simple, interoperable, and currency-agnostic method for the transfer of small amounts of money.

> Web Monetization is being proposed as a W3C standard at the Web Platform Incubator Community Group.

W3C Interledger Protocol works with any type of ledger.

From "Anatomy of an ACH transaction" (2023)

Coil tried to do that for a couple of years.

https://www.coil.com/

There's even a micro payments api in the works.

https://webmonetization.org/

W3C Web Monetization: https://webmonetization.org/ :

> The Web Monetization API allows websites to automatically and passively receive payments from Web Monetization-enabled visitors.

From https://interledger.org/faq/ :

> Web Monetization is being proposed as a W3C standard. Using the Interledger Protocol, the Web Monetization proposed standard aims to make it easier for web creators to generate income from their work without relying on advertising, site-by-site subscriptions or tracking models.

Interledger was contributed to W3C and has undergone significant major revision. FWIU, W3C Interledger Protocol is a W3C spec but by producing IETF-style numbered RFCs, their process differs slightyl from the W3C WG Working Group model (with a page, a mailing list; and one or more git Repositories with Issues: github,com/orgname, github,com/orgname/readme, github,com/orgname/orgname.github.io ).

It's been a couple years since Dev.to hosted the Grant for the Web hackathon, a month-long sprint to develop innovative projects with Web Monetization. Web Monetization is a proposed JavaScript API that allows browsers to create payment streams directly to websites, allowing for micropayments and unlocking exclusive content on a pay-per-use basis. It's still being incubated at the Web Incubator Community Group, but it's an active project and an exciting technology.

To support the open content creators there could be a sister site where authors can post or list the link to their openly-licensed content listed with donations or web monetization to give to Wiki. I put an offer on the Reward board in line with Safe Harbor#2_important_topics) paid-article policies. The upcoming grants of the 2030 Movement Strategy go toward sustainability, accessibility, and bridging content gaps. There are risks in introducing monetization. I see it as worthwhile to experiment with as there might be extensive potential benefits. What are your thoughts?

Web monetization - People can help creators by just reading their content.

To enable more developers to build open, transparent, and impactful payment systems for the world, opportunities for rapid prototyping and an enabling environment for rapid prototyping are key. That is why Coil will be a many Hackathons this year. In partnership with Major League Hacking (MLH), Coil will support developers to brainstorm and build payment solutions that connect existing and future rails so that no one is left behind, regardless of their location. Developers participating at 30+ MLH Weekend Hackathons will have an opportunity to build with Interledger, Rafiki, and Web Monetization. They will also get mentorship from developers at Coil, Interledger, and the broader Interledger, Web Monetization, and Grant for the Web communities.

Check https://webmonetization.org that's actually a perfectly fine solution. You like something and want to support people who work hard to make it? Why not pay them? Doesn't sound crazy to me.

Joran from TigerBeetle here.

On the contrary, Coil's Interledger [1] project is designing for TigerBeetle, and TigerBeetle will be the core ledger database for Rafiki [2], the open implementation of Interledger.

[1] https://interledger.org

[2] https://github.com/interledger/rafiki

Thus far, most of these functionalities only existed on paper. Rafiki will be the reference implementation, bundling all of them and hence allowing not just digital wallets but any payment provider to easily enable Interledger functionalities on their accounts. And it is fully open source!

For the past three months at Coil, we have started to develop Rafiki, an open-source All-In-One Solution for Interledger Wallets. Throughout the process, we have continued to think more deeply about how we support the open-source community and the packages that we use in Rafiki and at Coil. In this blog post, we are sharing some discoveries and decisions about what we want sustaining open-source to look like at Coil.

Learn more about Rafiki and contribute to the official Rafiki source code repository.