Twitter reportedly working on Bitcoin tipping feature

3 weeks ago

Twitter is reportedly laying the groundwork to permit Bitcoin (BTC) tipping for content material creators.

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Consistent with MacRumors, the newest Twitter iOS beta includes strains of code that would see Bitcoin turn into part of the “Tip Jar.” Certainly, as up to now reported through Cointelegraph, Twitter CEO Jack Dorsey had up to now hinted that Bitcoin tipping used to be within the works.

Twitter presented Tip Jar again in Might as some way for customers to praise content material creators on the preferred social media platform.

If the reviews of Bitcoin tipping are true then BTC shall be added along Money App, PayPal and Venmo as applicable fee choices at the Tip Jar.

As a part of the rollout, Twitter would possibly supply a short lived instructional about Bitcoin and the Lightning Community. Consistent with a portion of the textual content quoted through MacRumors, the Bitcoin tipping characteristic will make the most of Lightning Community fee gateway Strike to “generate Bitcoin Lightning invoices.”

The academic might also come with details about ideas like custodial and non-custodial wallets for storing Bitcoin.

Similar: Jack Dorsey says he’ll combine Lightning Community into Twitter or BlueSky

A Bitcoin tipping characteristic on Twitter is best the newest in a string of BTC-focused adoption tendencies for the social media massive and for Dorsey himself. Previous in August, the Twitter and Sq. leader introduced plans to construct a decentralized alternate for Bitcoin.

Dorsey has up to now described Bitcoin as being the important thing to Twitter’s long term whilst pointing out the corporate’s aim to combine BTC into products and services like trade and subscriptions. 

Bitcoin tipping on Twitter by means of Lightning Community can even verify plans to combine LN into the social media platform that first began again in June. The transfer may additionally carry crypto token tipping to the mainstream in achievement of one of the most a number of use circumstances for cryptocurrencies espoused through proponents.

In July, Dorsey additionally published that Sq. used to be creating an “assisted custody” {hardware} pockets for Bitcoin.

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