In Brief:
- Twitter seemes to add a feature to add Bitcoin and Ethereum address in profile
- It can be a part of Twitter’s updated version of Tip Jar feature.
- Twitter is using Strike’s services to generate Bitcoin invoices through the Lighting network.
Twitter may add a new feature that allows its users to add their Bitcoin and Ethereum addresses to their profile. Italian mobile developer Alessandro Paluzzi tweeted the screenshots of the user interface to add Bitcoin and Ethereum addresses to their profile.
Alessandro Paluzzi, is a mobile developer known for leaking details about what the social networks have been working on. His shared screenshots show the notice that “People will send payments to the [Bitcoin or Ethereum] address you’ve entered above.”
The update might be part of Twitter’s Tip Jar feature. Earlier this year, Twitter introduced a new feature called Tip Jar. It allows users to send money to others in order to support content creators they follow.
Twitter is using Strike’s services to generate Bitcoin invoices through the Lighting Network. Though users don’t necessarily need to link their Strike account to accept Bitcoin tips.
The world’s first widely adopted cryptocurrency is bitcoin. It’s a new kind of digital money that lets people securely and directly send money to each other on the internet. The Lighting Network is a technical innovation that allows for faster payment with lower fees than Bitcoin’s primary network.
Twitter introduced Tip Jar in May. The company explained at that time that with these “services you can add today include Bandcamp, Cash App, Patreon, Paypal, and Venmo.”
There is no official confirmation from the tweeter. However, lead product developer Kavyon Beykpour retweeted Paluzzi’s tweet yesterday with the lighting and “soon” arrow emojis.
Dorsey has always been the maximalist of Bitcoin. He favoured Bitcoin and decentralization via supporting the different programs related to it. Last month, he also announced the plan for a “Decentralized Bitcoin Exchange”, for exchanging fiat currency to Bitcoin.
