THELOGICALINDIAN - Twitter has reportedly added Bitcoin to its Tip Jar account in a bound beta update
Twitter has reportedly launched a Bitcoin angled in a bound beta release.
Twitter Reportedly Supporting Bitcoin Payments on Lightning
Twitter users may anon be able to tip anniversary added with Bitcoin, it was appear Wednesday.
While Twitter is yet to clearly advertise the feature, MacRumors has appear that it has been included in a bound beta release.
Separately, adaptable developer Alessandro Paluzzi additionally leaked an image of what looks like a affection acceptance users to “receive tips in Bitcoin.” The beta absolution has reportedly been fabricated accessible to a bound cardinal of users so far.
Bitcoin angled may be added to the “Tip Jar” account Cheep launched beforehand this year. Currently, Tip Jar lets users to affix their Cheep contour to payments casework like Square’s Cash App, Patreon, PayPal, and Venmo to abutment agreeable creators.
According to the screenshot, the affection will use the Lightning Network, a Layer Two acquittal agreement congenital on the Bitcoin blockchain. Lightning is bargain acclimated to accomplish micropayments on Bitcoin.
It uses accompaniment channels to enables faster Bitcoin payments with lower fees than the capital Bitcoin network. Instead of downloading the abounding Bitcoin applicant node, Lightning supports ablaze audience for quick syncing.
Twitter architect and CEO Jack Dorsey is accepted for his activity for Bitcoin. He has declared it as the best applicant for the “native currency” of the Internet in the past.
In July, Dorsey told investors that Bitcoin was a “big part” of the company’s approaching and adumbrated that the close was attractive at amalgam the cryptocurrency with assorted Twitter products. Prior to that, Dorsey tweeted that it would alone be “a amount of time” afore Twitter chip Lightning.
Besides active Twitter, Dorsey is additionally the CEO of Square, a Bitcoin-friendly banking payments aggregation admired at $100 billion. Square has placed several big bets on Bitcoin in contempo months. The close fabricated a $50 million acquirement in 2020, afore purchasing addition $170 million account beforehand this year. Square is additionally planning to cycle out a decentralized exchange for Bitcoin trading, as able-bodied as a Bitcoin-based accouterments wallet.
