The developer is in Twitter A new feature is being developed to allow users to accept prompts Bitcoin Earlier this year, the social media platform was launched through the Tip Jar feature.
When commenting on screenshots posted by app developer Alessandro Paluzzi on Wednesday, Twitter’s product leader Kayvon Beykpour first stated that the feature is in progress. The screenshot appears to show that Twitter uses the Lightning Network, a technology that helps protect payment transfers and allows Twitter users to use Bitcoin when sending reminders.
Paluzzi wrote in her initial tweet that Twitter “is working on the ability to receive tips in #Bitcoin.” Beykpour Quoting Twitter A screenshot of Paluzzi with a lightning emoji added next to another saying “soon”.
On Thursday, Paluzzi posted another tweet containing three new screenshots. In the first one, Twitter’s Tip Jar feature seems to offer two new options: users can send tips by copying their Bitcoin address, or use another cryptocurrency, Ethereum, to send tips.
The second screenshot shows the user’s option to enter their Bitcoin address. A message at the bottom of the screenshot says: “People will send payments to the Bitcoin address you entered above.” The third screenshot says the same thing about the user’s Ethereum address.
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Twitter officially launched the Tip Jar feature in early May. The initial release allowed users to share Bandcamp, Cash App, Patreon, Paypal And Venmo accounts are “a new way for people to send and receive reminders.”
Users who have enabled the reminder tank feature will display an icon on their account homepage, allowing other users to choose the payment method they want to use to send reminders. The user is then redirected to the application of the platform of their choice.
“This is the first step in our work to create new ways for people to accept and show support on Twitter-with money,” Twitter said in a blog post announcing the launch of Tip Jar in May. The company added that it plans to expand the feature in the coming months to include more users and languages around the world.
According to TechCrunch, Twitter CEO Jack Dorsey told investors earlier this summer that Bitcoin will become an “important part” of Twitter’s future and identified cryptocurrency as an important part of the social media platform. One of the three important trends moving forward.
Twitter has not made any announcements on the extent to which Bitcoin will become part of the company, nor has it announced any timetable for when Bitcoin may begin to participate.
Weekly newspaper Contacted Twitter for comments, but did not receive a response before the publication time.
