It goes to what countries to go visit from. What device they visit from. Mobile visitors, how can they improve mobile potential? That’s a fundamentally flawed look at this. I’m not looking at, how can I make a user’s experience better? I’m looking at, how can I put more AdSense ...
The combination. These two are well-integrated with each other. You can connect with AdSense and with Analytics as well. I used to spend a lot of time playing around with Analytics. How can I increase my bounce rate? How can I increase my average time on site?
Yes, container in an app. On that side, there’s not much difficulty there. We hope it eventually becomes a full platform thing. Going back to what you said before about data analytics, it’s interesting you mentioned that you had a lot of fun with AdSense. Looking at what data they ...
We pay more or less equally to all websites. A different provider might, for example, focus only on gaming. They would pay more to game websites. While you’re playing games they will pay more to support gaming’s more intense server costs and could eventually do that but could also be ...
The idea was that eventually, we wouldn’t need an extension anymore at all. The actual web monetization is open standard. Coil was one provider of payments. We encouraged other companies to also start initiatives based on monetization and pay-ups are different. Coil currently is general platform.
No. There were plans for a polyfill. As of the current stage they’re using extension. It’s probably a pretty simple way for both websites to adapt and for the users to set it up. It was more reliable than a polyfill, we found, the extension.
Yes. We used to have a polyfill. That was how it works. Our website can add a meta tag to your website and then combined with the extension they can read the meta tag.
We are hoping to do the same with web monetization now that we’re currently in the process of that. Web monetization, once integrated with all major browsers, would mean that we wouldn’t have the need to have an extension or the polyfill. It will all be part of the browser.
Yes. To add it to the web standards protocol. The team at Ripple...Coil was a spin-off of Ripple. Our CEO used to be the CTO at Ripple. They managed to add the web payments protocol to a lot of popular browsers.
Yes. There is a Chrome extension. The idea is that we want to propose a...Web monetization is our overall intellectual protocol is the underlying but monetization is the overall. We want to propose it to browsers. We’d like to include it within...
I’m not sure. I think the team might still be working on them. It’s still in closed beta. The open beta hasn’t launched official yet. We need an invitation code right now to sign up.
I think there’s a Chrome extension for sure.
Every website.
Google has data on every part of the funnel even on hardware side like Chrome, Android, all that stuff.
To decrease the bounce rate.
That’s interesting to know.
You bid the absolute minimum.
You actually got clicks at a very low price because there wasn’t bidding on it, right?
g0v, yeah.
I read about that, it’s part of the g0v...
That’s the value add that they provide.
Google demographic data for the websites’ users that they kind of share...
Those analytics services...
Of Google...
The golden standard.
I’m curious to hear your thoughts on such a system. What do you think about it?
Yeah, doesn’t work on mobile. I think it’s bad, it’s negative for people whose devices aren’t as powerful. I think that’s a big problem, especially with ASICs taking over most of the market. Coil is completely updated.
Yeah, which is...
I spent a lot of time working on it and the economy of scales never made fully sense. There’s nowhere near enough money with my specialty after the prices dropped to support that as well as I think it slows down a lot of computing devices which...
OBlocker, like AdBlocker, but with an O in front. The idea was basically that people browsing the Internet can use this little program that will mine cryptocurrency in the background to pay out websites.
OBlocker?
No. I was working on something that was linked with mining, the same idea but before I joined them. I told them about the project, and then they said, "Why don’t you come intern for us instead?" I actually built a little project called OBlocker over the past year or ...
No.
Currently, since we’re still in beta, we only support the XRP Ledger, the Ripple ledger, which I think is a pretty good system. It’s pretty secure, can process all our transactions pretty fast. We do have teams that are currently building the Ethereum connectors or maybe a Lightning Network Bitcoin ...
Yes, they can choose. For example, they can take the money out the websites and can withdraw. In the future, once we build enough connectors for it, they can use Bitcoin to withdraw. They can use Ethereum. They can use XRP Ripple. Or they can withdraw maybe through a regular ...
Yes.
The main idea is that, first of all, we want to empower content creators, especially content creators who are marginalized by current platforms, so that all creators can exist without the risk of censorship from centralized platforms and can be supported directly by users. That’s the platform in a nutshell.
Yeah, but the website doesn’t get information about each user. They just get the money sent through the Interledger protocol. The Interledger protocol allows them to withdraw the money from the protocol in different ways, such as cryptocurrency. Coil also works with some payment providers so they can withdraw in ...
Sorry?
Yeah. The idea is that once a user subscribes to the Coil service, every millisecond through the Interledger Protocol we will send a fraction of a penny to the website depending on how long a user stays on the website.
Making sure the user’s experience was as good as possible wasn’t their first priority. What do you think?
From the website’s point of view, they were getting money from the advertiser. They weren’t getting any money from the user, right?
The idea is that we want to change the incentive system. Currently, I feel that as well, because I’ve worked on small websites since I was around 12, 13. I’ve felt that incentives were kind of misaligned, because the users were the ones that were actually using the website.
The idea is that currently the business model on the Internet is mostly ads. There are some subscriptions, and the advertisements is most of it. The value chain works in a pretty simple way. The user goes to a website, and then the website provides free data in exchange for ...
It’s a little bit different than that.
Personally, I’m really interested in entrepreneurship, startups, that kind of stuff, as well as the freedom of the Internet, maybe tied to that topic, the blockchain. Have you heard about Coil before, by the way?
Oh, I see. He’s no longer with Mozilla anymore. I met him at a startup in San Francisco called Coil that I was actually interning at over the summer. I’d like to tell you a little bit about what we’re doing. I think it’s really interesting.
Actually, last summer, I met Dees in San Francisco who introduced us. How did you meet Dees, by the way?
Sure, I’ve read about it. It’s so nice to meet you. A little bit about myself, I’m Ryan. My parents are Taiwanese, so I’m a Taiwanese citizen. I went to elementary school in a local School and an international school after middle school so I’m bilingual.
