Twitter reportedly working on Bitcoin tipping feature
Twitter reportedly working on Bitcoin tipping feature
Bitcoin tipping via the Lightning Network may be in the cards for the side by side Twitter app update.
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Twitter is reportedly laying the background to enable Bitcoin (BTC) tipping for content creators.
According to MacRumors, the latest Twitter iOS beta includes lines of code that could see Bitcoin go a part of the "Tip Jar." Indeed, as previously reported by Cointelegraph, Twitter CEO Jack Dorsey had previously hinted that Bitcoin tipping was in the works.
Twitter introduced Tip Jar back in May as a way for users to reward content creators on the popular social media platform.
If the reports of Bitcoin tipping are truthful, then BTC will be added alongside Greenbacks App, PayPal and Venmo as acceptable payment options on the Tip Jar.
Equally office of the rollout, Twitter may provide a brief tutorial nigh Bitcoin and the Lightning Network. Co-ordinate to a portion of the text quoted by MacRumors, the Bitcoin tipping feature will employ Lightning Network payment gateway Strike to "generate Bitcoin Lightning invoices."
The tutorial may also include information almost concepts such as custodial and non-custodial wallets for storing Bitcoin.
Related: Jack Dorsey says he will integrate Lightning Network into Twitter or BlueSky
A Bitcoin tipping characteristic on Twitter is just the latest in a string of BTC-focused adoption developments for the social media giant and for Dorsey himself. Earlier in Baronial, the Twitter and Foursquare chief announced plans to build a decentralized exchange for Bitcoin.
Dorsey has previously described Bitcoin every bit being the key to Twitter's hereafter while stating the company's intention to integrate BTC into services like commerce and subscriptions.
Bitcoin tipping on Twitter via Lightning Network will also confirm plans to integrate LN into the social media platform that first started back in June. The move could too bring crypto token tipping to the mainstream in fulfillment of one of the several utilise cases for cryptocurrencies consort by proponents.
In July, Dorsey besides revealed that Square was developing an "assisted custody" hardware wallet for Bitcoin.
Source: https://cointelegraph.com/news/twitter-reportedly-working-on-bitcoin-tipping-feature
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