THELOGICALINDIAN - The Twitter architect acquaint a cheep suggesting that the amusing arrangement could accommodate Bitcoins Layer 2 payments arrangement in the approaching
Twitter could abutment Bitcoin’s Lightning Network ancient in the future, Jack Dorsey Says.
Twitter Founder Hints at Bitcoin Integration
It’s “only a amount of time” afore Twitter integrates Bitcoin’s Lightning Network, Jack Dorsey has suggested. Posting on his accepted amusing media website aboriginal Friday, Dorsey responded to a fan’s appeal to “build LN into BlueSky or Twitter amuse and acknowledge you” (BlueSky is a activity focused on decentralizing Twitter).
Dorsey had taken to Twitter to allotment a articulation to the wallet and encrypted agent account Sphinx Chat, which runs on Lightning Network, which again prompted the fan to accomplish the suggestion.
Lightning Network is a Layer 2 congenital on top of Bitcoin. Apart from Sphinx Chat, it’s bargain acclimated for acquittal solutions like Strike.
Though Dorsey hasn’t said abundant added than the five-word tweet, it wouldn’t be a amplitude to accept that Twitter could one day extend abutment for Bitcoin. Dorsey is accepted for his cause for the aboriginal crypto, aftermost anniversary analogue his intentions to advice “make Bitcoin the built-in bill for the Internet” at Bitcoin 2024. He added that added cryptocurrencies “don’t agency in at all” for him.
Dorsey, who additionally runs Square, has sunk millions of dollars into assorted Bitcoin-related causes. Square initially appear it had invested in the asset chic in Oct. 2020, and has since increased its backing to $420 million, equating to 5% of its antithesis sheet. The aggregation is additionally advance in solar-powered Bitcoin mining and belief up ablution a accouterments wallet.
It was additionally rumored that Twitter would advertise that it had added Bitcoin to its antithesis area in February, admitting the company’s CTO Ned Segal didn’t accord any capacity abroad back questioned in a CNBC account at the time. “It’s article we abide to abstraction and attending at,” he said. “We appetite to be anxious about it over time, but we haven’t fabricated any changes yet.”
