Social media giant, Twitter seems to be testing the crypto feature soon to be added to its Tip Jar service. The information was leaked by a Mobile developer who posted some updates on his Twitter handle displaying what the service will look like.
Alessandro Paluzzi, the mobile developer posted some screenshots of the reverse-engineered feature which showed users could add their Bitcoin and Ethereum addresses to their Twitter profile via which they can receive cash tips.
The concept of the feature basically is to enable seamless cash transfers in cryptocurrencies between users on the social media platform.
Prior to the leak, there was a report about twitter adding the Bitcoin tip feature to their Tip Jar service. Also, another report stated that the company would work closely with the Lightning network to facilitate this service.
The tipping function will be facilitated by the Network and users will be able to use it to make payments in Bitcoin. The report also noted the network will support custodial as well as non-custodial wallets. Twitter users will also need a strike account to receive tips but with the leak from Paluzzi, they might not need to link their strike accounts to add their wallet addresses.
The Twitter CEO, Jack Dorsey is known for his bullish stance on Bitcoin and open mind for innovations in the crypto space. Back in July, he was said to have indicated that the company would bring Bitcoin to its Tip jar service. Asides that, he noted back then that Bitcoin would be a big part of the company’s future. Recent report also shows the chief executive wants to build a Decentralized Exchange for Bitcoin.
What do you think? Share your comments below
VanEck to Give Clients Access to Crypto by Offering a Solana ETF
Solana based DEX, Orca Closes $18M Series A Round
We don’t expect all businesses to adopt e-Naira –CBN
We chose Bitt Inc for the e-Naira because of Capacity & Experience – CBN
KB24 Launches NFTs Collection in Memory of Kobe Bryant, Proceeds to be Given to Charity
President of Turkey Says the Country is at War with Cryptocurrencies
Monetary Policy has been replaced with tyranny; e-Naira will be a flop – Chiagozie Iwu
El Salvador Adds Fresh 150 Bitcoins as BTC Price Slides
10 Days after Adopting Bitcoin, El Salvador Records 17% Adoption for its Wallet Chivo
Watch the Latest Edition of Inside Blockchain – 29th Nov. 2020
Crypto Roast is LIVE – 27th Nov. 2020
AMA Series with Beam CTO & Tech Lead, Alex Romanov
Keep it Locked on to Cryptotvplus
Inside Blockchain | 16.11.2020
Inside Blockchain: WHY YOU SHOULD BECOME A BLOCKCHAIN DEVELOPER
How Blockchain Technology Can Transform Governance In Africa
E-naira Project Award to BITT Raises Regulatory Questions
The Central Bank of Nigeria’s e-naira Project has generated a number of questions lately. The most recent is the contention...
Ecosystem Growth Fund: The newest ways to market and promote blockchain platforms
Fantom, Harmony, Algorand & OKEx has in less than a month announced a billion dollars fund to boost development on...
TOKEN2049 Returns for In-Person Event this October in London
Highly anticipated conference at the forefront of the digital assets space marks the return of one of the first major...
OKEx Launches Super Affiliate Program
Are you a KOL or content creator in the crypto space? Do you want to boost your earning by introducing...
Influencers Are the Drive behind NFTs Popularization – Karla Obarkpolor
The founder of NFT marketplace Qlipit and Crypto Asset Management Company, Crypto Smart has stated that influencers have played big...