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Earlier, The Block reported that the social media giant Twitter appears to be testing out the inclusion of Bitcoin on the Lightning Network for its tipping feature, according to an accumulation of reports. Mobile developer Alessandro Paluzzi’s recently leaked image of the current Twitter beta has reinstated the incorporation of Bitcoin in Twitter’s tipping service. It reveals that Twitter’s upcoming BTC tipping service is presently in testnet mode.
Twitter appears to integrate bitcoin payment for tipping feature.
The market speculation of the tipping function based on reports has mentioned the utilization of the Lightning Network to make smaller bitcoin payments. Furthermore, this integration will turn back both custodial and non-custodial wallets. Reports have also mentioned the ‘Bitcoin Lightning App Strike,’ which will essentially facilitate the generation of bitcoin invoices. Henceforth, if Twitter users desire to use the BTC tipping service, they will also be required to create a Strike account. Jack Dorsey is a well-known bitcoin enthusiast and has been working to make bitcoin more mainstream.
Jack Dorsey hinted at integrating bitcoin earlier.
Twitter CEO Jack Dorsey’s statement back in July made it clear that the internet’s native currency, Bitcoin, will be incorporated in the platform’s upcoming strategies for innovation technology. During Twitter’s Q2 Earnings Conference Call, CEO Jack Dorsey stated that Bitcoin would be a “big part” of the microblogging company’s future. His comments speculated a bitcoin integration into Twitter services, which is now starting off with its tip jars. “If the Internet has a native currency, a global currency, we are able to move so much faster with products such as Super Follows, Commerce, Subscriptions, Tip Jar, and we can reach every single person on the planet…I think this is a big part of our future,” Jack had said.
Source: https://chaintimes.com/twitter-is-reportedly-planning-on-facilitating-bitcoin-payments/
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