Twitter reportedly working on Bitcoin tipping for content creators
Twitter the well-known social media platform is reportedly working on providing Bitcoin (BTC) to their content creators.
Recently the CEO of Twitter Jack Dorsey given a hint that they are working on the Bitcoin providing to the content creators and also, we can see the lines of code that are showing that Bitcoin is becoming a part of the part of “tip jar” on IOS beta.
The “Tip Jar” was introduced in May by Twitter, which is for users to reward content creators on the social media platform.
If the reports of Bitcoin tipping are true, then BTC will be added alongside Cash App, PayPal, and Venmo as acceptable payment options on the Tip Jar.
Twitter may give a brief tutorial about bitcoin and the lighting network to let the content creators understand the Rollout,
According to MacRumors, the bitcoin rewarding feature will utilize a lightning network payment gateway which will strike to: “generate bitcoin lightning invoices”
The tutorial may also include information about concepts such as custodial and non-custodial wallets for storing Bitcoin.
This Bitcoin rewarding feature is the only latest string of BTC- focused adoption for social media and for Jack Dorsey himself as well, where we also get to know that Twitter and square are planning to develop a decentralized exchange of Bitcoin.
Before integrating BTC into services like Commerce and subscriptions Dorsey said that bitcoin will be the key to Twitter’s future,
Back in June where it first started to integrate the BTC via LN was proven the plan of integration of LN in the social media.
In July, Dorsey also revealed that Square was developing an “assisted custody” hardware wallet for Bitcoin.