It’s likely that the next Twitter app update may include support for Bitcoin tipping over the Lightning Network.
According to reports, Twitter is building the framework for the implementation of Bitcoin (BTC) tipping for content providers.
Apple’s MacRumours website reports that the latest Twitter iOS beta has lines of code that could result in Bitcoin being a part of the “Tip Jar.” Indeed, as previously reported by Cointelegraph, Twitter CEO Jack Dorsey has previously intimated that the company was considering allowing users to tip in Bitcoin.
Users on Twitter’s popular social media platform may now reward content producers by using the Tip Jar feature, which was introduced back in May.
If the rumours of Bitcoin tipping are accurate, then BTC will be added to the Tip Jar’s list of acceptable payment alternatives, which will include Cash App, PayPal, and Venmo.
It is possible that Twitter may deliver a quick instruction on Bitcoin and the Lightning Network as part of the deployment. A part of the article reported by MacRumors states that the Bitcoin tipping feature will make use of the Lightning Network payment gateway Strike to “generate Bitcoin Lightning invoices.”
The tutorial may include include information on concepts such as custodial and non-custodial wallets for keeping Bitcoin, as well as other related material.
The addition of a Bitcoin tipping tool on Twitter is just the latest in a long line of BTC-focused adoption advancements for the social media giant, as well as for Dorsey himself. A decentralized Bitcoin exchange is being built, according to the CEO of Twitter and Square, who unveiled his ideas earlier this month.
Twitter CEO Jack Dorsey has previously stated that Bitcoin is the key to the firm’s future, and that the company intends to integrate Bitcoin into services such as commerce and subscriptions in the future.
Twitter bitcoin tipping via Lightning Network will also confirm intentions to integrate LN into the social media site, which was first announced in June and first launched in July. Additionally, the move could bring crypto token tipping into the mainstream, thereby fulfilling one of the many use cases for cryptocurrencies advocated by proponents and bringing it into the mainstream.
In July, Dorsey also stated that Square was working on a Bitcoin hardware wallet that would provide “assisted custody.”