Quote from: shulio on March 04, 2015, 10:55:54 AM

Quote from: Xapo_Affiliate on March 04, 2015, 01:10:56 AM

Were happy to announce a new upgrade to Xapos credit API - an API for faucet owners.

How is Xapo different from other faucet scripts?

Free for faucet owner and user. No commissions for deposits or withdrawals. All miner fees are reimbursed to the sender so faucets can keep this fee or give a discount to users.
Transactions to Xapo addresses will be credited immediately with no wait time, minimum 1 satoshi.
Transactions to non-Xapo wallets accumulate to a minimum 55 bits and can be sent as soon as the user hits this threshold.
Transactions to non-Xapo addresses are processed in less than 24 hrs, not a few days.

Refunds - If a user does not claim the bits you send them, they are returned to your wallet within 10 days. This will help prevent lost bits from disappearing into the network.

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Manage multiple faucets from one wallet and give permissions to different colleagues to transfer and/or approve transactions.
Dynamic addresses - Sending address changes every transaction so no one can look at your funds in the blockchain.
API based instead of script based.

What this means for users:

Users can claim with a wallet address or email
Funds to a Xapo wallet are immediate
Funds to a non-Xapo wallet can accumulate with any service that uses Xapo
Multi-sig wallet
Convenient access to deep cold storage - Xapo Vault.
All free

Next steps?

Create a Xapo wallet if you dont already have one
Sign in on Xapos developer page (sign in button is on the top right)
Create API keys for your faucet

Link to get started: developers.xapo.com

Examples of faucets using Xapo:
-Moonbit.co.in
-Freebitco.in
-faucet.bitcoinzebra.com
-bitcoinaliens.com

We'd love to hear your feedback! Please send questions to faucets@xapo.com

woah, how do you claim it? basically if someone sends me some coins and i dont touch them for 10 days, then it will be refunded?
as far as i know, bitcoin is made not to be reversible, this is actually against the principle of bitcoin itself

The refund claims work when you first send bits to a new Xapo user's email. Within that 10 day timeframe they will get emails at the 5 and 7 day mark. If by the 10th day the bits arent claimed they are returned to the sender.

However, if the user already has a Xapo wallet the payments are sent directly and there's no way to reverse.