HomeCryptoTwitter reportedly working on Bitcoin tipping feature

Twitter reportedly working on Bitcoin tipping feature

Twitter is reportedly laying the groundwork to allow Bitcoin (BTC) tipping for content material creators.

According to MacRumors, the newest Twitter iOS beta consists of traces of code that might see Bitcoin grow to be part of the “Tip Jar.” Indeed, as beforehand reported by Cointelegraph, Twitter CEO Jack Dorsey had beforehand hinted that Bitcoin tipping was within the works.

Twitter launched Tip Jar again in May as a method for customers to reward content material creators on the favored social media platform.

If the studies of Bitcoin tipping are true, then BTC will probably be added alongside Cash App, PayPal and Venmo as acceptable cost choices on the Tip Jar.

As a part of the rollout, Twitter might present a quick tutorial about Bitcoin and the Lightning Network. According to a portion of the textual content quoted by MacRumors, the Bitcoin tipping feature will make the most of Lightning Network cost gateway Strike to “generate Bitcoin Lightning invoices.”

The tutorial may additionally embody details about ideas similar to custodial and non-custodial wallets for storing Bitcoin.

Related: Jack Dorsey says he’ll combine Lightning Network into Twitter or BlueSky

A Bitcoin tipping feature on Twitter is just the newest in a string of BTC-focused adoption developments for the social media large and for Dorsey himself. Earlier in August, the Twitter and Square chief introduced plans to construct a decentralized trade for Bitcoin.

Dorsey has beforehand described Bitcoin as being the important thing to Twitter’s future whereas stating the corporate’s intention to combine BTC into providers like commerce and subscriptions.

Bitcoin tipping on Twitter by way of Lightning Network can even affirm plans to combine LN into the social media platform that first began again in June. The transfer may additionally deliver crypto token tipping to the mainstream in achievement of one of many a number of use instances for cryptocurrencies espoused by proponents.

In July, Dorsey additionally revealed that Square was growing an “assisted custody” {hardware} pockets for Bitcoin.