Twitter may soon allow users to add Bitcoin and Ethereum addresses to their profiles for guidance

[ad_1]

Twitter is working to allow users to add Bitcoin and Ethereum addresses to their profiles to receive advice on cryptocurrencies. The new addition could be aimed at upgrading the Tip Jar feature that the microblogging network introduced earlier this year. Twitter is working on the possibility of allowing users to receive Bitcoin advice through the Tip Jar feature. CEO Jack Dorsey suggested the implementation in July by calling Bitcoin a big part of the company’s future in a conversation with analysts and investors.

Mobile app developer Alessandro Paluzzi found references on Twitter allowing users to add Bitcoin and Ethereum addresses to their profiles. The developer posted a tweet containing three screenshots to indicate the new options.

The first screenshot suggests that users could copy Bitcoin and Ethereum addresses to tip in one of the two cryptocurrencies using the Tip Jar feature. In the second and third, Twitter appears to allow users to add Bitcoin and Ethereum addresses to their profiles.

Along with screenshots suggesting the addition of Bitcoin and Ethereum address options, Paluzzi tweeted a screenshot on Wednesday to suggest the arrival of Bitcoin support for the Tip Jar feature. This tweet received a comment from Twitter product manager Kayvon Beykpour, which includes a flash emoji as well as another saying to confirm its development and impending release.

Beykpour did not provide further details on exactly when the ability to receive Bitcoin tips through Tip Jar will be available to users. However, the screenshot posted by Paluzzi suggests that Twitter is considering The Lightning Network payment transfer technology to enable Bitcoin tipping on its platform.

The screenshot also suggested that Twitter would use Strike to generate Bitcoin Lightning bills for the cryptocurrency tips that users would get through the platform. Paluzzi on his new tweet, however, says users won’t be required to link a Strike account to add their Bitcoin and Ethereum addresses.

A report from MacRumor says work for the Bitcoin cheats was suggested via Twitter for the iOS beta code. However, it is not available for beta testers at this time.

In May, Twitter introduced its Tip Jar feature to allow creators, journalists, and nonprofits to monetize their tweets as tips. The company initially allowed users to share links to their Bandcamp, Cash App, Patreon, Paypal, and Venmo accounts to receive tips from their followers. This was only the beginning, however, as the platform appears to be adding cryptocurrencies as new payment options.

Twitter CEO Jack Dorsey has been advocating for cryptocurrencies for some time. In August, he said Bitcoin would unite a deeply divided country. Dorsey during Twitter’s earnings call in July also called out much of Twitter’s future.

I think there are a lot of innovations to be made beyond simple currency, especially as we think about decentralizing social media more and providing more economic incentives, he said in answering a question about how he sees Bitcoin becoming an integral part of Twitter.

Interested in cryptocurrency? We discuss all things crypto with WazirX CEO Nischal Shetty and WeekendInvesting Founder Alok Jain on Orbital, the Gadgets 360 podcast. Orbital is available on Apple Podcasts, Google Podcasts, Spotify, Amazon Music and wherever you get your podcasts.

[ad_2]