CryptoWoo

Hey guys! If you want a working solution that is actively maintained it would be great if you’d support the development of CryptoWoo!

Use the coupon code “wp” for a 20% discount on the single site licenses for both, the main plugin and the HD wallet add-on.

@cvdsanduh @ladass @yzord

• This reply was modified 8 years, 4 months ago by CryptoWoo.

You’re welcome. It’s a taste of the level of support you receive when you own a CryptoWoo license. ??

And yeah, it should be possible to adjust the multiplier setting based on an API that delivers prices for precious metals.

Let me know when you’re ready to get something started! You can find my contact info on https://www.cryptowoo.com/contact

Yeah, building a marketplace that only accepts cryptocurrency is possible. Vendors would enter product prices US Dollar and on the frontend you set the “welcome currency” setting of the currency switcher plugin to Bitcoin. Then you disable all other payment methods in WooCommerce except CryptoWoo and it’s done.

At the moment, there is no way to automatically pay the commission to vendors, but it’s fairly easy to export a list of the amounts due and send the payments by hand (or use another script).

> multisig or escrow capable

Yes that would probably be necessary to attract more vendors. I didn’t look that much into escrow services yet, maybe there is a smart way to integrate one.

A different approach to removing trust issues could be that you let merchants add their own xpub key and charge a flat payment per listing instead of a commission per order. This sounds like a fun project and depending on your budget I would be up for it… ??

The free accounts of the Block.io wallet & API service has a limit on the number of addresses in your wallet. Their multi-signature wallet means they also have partial control over your funds, meaning they can prevent you from accessing it but they can’t spend the coins without your signature.

Blockcypher’s API is used solely to access the blockchain data. They impose limits on the number of requests per second and per hour. If you need more requests you need a paid package. CryptoWoo has several options to control the number of requests and stay below the limits. The customer may have to wait a little longer, but all concurrent orders will confirm as fast as possible, while also considering orders placed in short succession and that a Dogecoin payment will confirm faster than a Bitcoin payment. So to require a paid plan for the Blockcypher API you would really need a lot of orders and would probably be better off using your own connection to the blockchain instead of a service.

Our HD wallet add-on lets you use the extended public keys (“xpub”) of a HD wallet like Electrum, so the private keys never touch your webserver and nobody else has control over them.

If you use the HD wallet add-on to derive the addresses of your Electrum wallet, the plugin lets you use either blockcypher.com, block.io (without using their wallet, just the blockchain data) or any Insight API compatible public block explorer API, for example blockexplorer.com, insight.bitpay.com, chain.localbitcoins.com, and others. Only if you don’t trust all of these providers or go above their request limits, you need to set up your own private instance of the Insight API (which contains a full node) to be able to process the payments.

> dokan plugin…

The CryptoWoo Dokan add-on adds the payment details of the orders to the frontend of the “Dokan Multivendor plugin”, so the vendors can see these details in their order overview. Since the “Dokan Multivendor Plugin” uses WooCommerce, and CryptoWoo acts as any other payment method for WooCommerce, it is possible to create marketplace where customers can pay with cryptocurrency. The vendor commissions are still based on the fiat value (though the cryptocurrency revenue is recorded) and payouts have to be made manually. I built it for a merchant upon request, but if there is demand the functionality can be expanded.

Hey, sorry you’re having a bad experience with the solutions you’ve tried and are getting frustrated, but let me clear up your misconception about the CryptoWoo plugin:

CryptoWoo does not handle your coins and has no control over your store. You can receive the payments directly to your own HD wallet, e.g. Electrum, Mycelium, TREZOR. The plugin runs on your server and connects to a Blockchain API provider of your choice or your own full node to get the transaction data.

Additionally, you can accept Litecoin, Dogecoin and BlackCoin the same way as Bitcoin and 35 other coins via the integration with Shapeshift.

On top of that, orders are actually being processed like they should, and you have way more options to configure the behavior than other solutions can offer you.

CryptoWoo is a paid plugin because I am actually bothering to provide support and fix bugs in a timely manner which I can unfortunately not afford when I give the plugin away for free.

Try it out in the demo store. Pick a cheap product and pay with testnet coins by entering the payment address in a testnet faucet to see the full process.

If you want to have a look at the admin backend feel free to ping me and I’ll give you access.