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Discussion on: Web Monetization like I'm 5

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hacksultan profile image
Name cannot be blank Author

This is a great question.
1st: We can't relate Web Monetization to BVN in Nigeria because even though individual creators have unique payment pointers, Coil and others do not track what a user is reading but only the activities going on once the monetization starts. This means, even Coil doesn't save your data as a user or keep track of your reading history.
2nd: The view about search engines monetizing their contents is really tricky and interesting but I don't think that's going to happen, search engines thrive on the ability to return enough results on search queries, this means as many results as possible.
I hope you understand my explanations? feel free to ask more questions if anything is unclear.

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goodfellas_io profile image
Max

This is well explained, I really hope this gets a lot of grounds and is widely accepted. For the privacy part is really interesting as I think this will end a lot of unwanted ads displaying in your feeds.

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hacksultan profile image
Name cannot be blank Author • Edited

Web monetization is currently being discussed as a standard, and a lot of popular web vendors are on this.
Here's an interview the founder of Coil had with the World Wide Web Consortium (W3C)

w3.org/blog/2019/09/w3c-interview-...

About the ads, Web monetization as a term here, coil as a provider, and tons of other providers will in no single way include ads either wanted or unwanted to users. If you're on a website that's monetized as a user, and you're seeing ads, it's because the creator is using an entirely different ad vender on that website, this in no way has anything to do with Coil as a provider.

Let me put it like this, the term Web Monetization here is in no way related to showing users ads.

Just adding this here:
The World Wide Web Consortium (W3C) is an international community that develops open standards to ensure the long-term growth of the Web. w3.org

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goodfellas_io profile image
Max

Fully understood chief. Thanks for the enlightenment

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bolaji_snr profile image
Abolaji Mustapha

Good piece of article! But I must say, scoping about the privacy protection aspects that web monetization services like coil are meant to provide, I feel there's still sort of a bridge in this, at least from the info I've consumed so far.

I think in the adaptation of web monetization services like "coil.com" content creators, should work fully in compliance with the solution to make their web user's experience a fully privacy protected one, as such, technologies implemented in the "Coil.com" platform should be to detect any form of privacy bridge installments on web pages and call authors/Creator's attention to enable user authorization on such implementation. This being established, micro web installments such as Ads by Google are detected on pages, automatically eluding these pages from payment except authorized by the user. I mean coil in this instance would be fulfilling their role as a privacy protector wherever it may concern them.