Twitter is currently working on including Bitcoin and Ethereum addresses on user profiles. This is the latest addition to their Tip Jar service. Crypto News reports that the social medium has started beta tests of a Bitcoin Lightning Network tipping service, which would support custodial and non-custodial wallets as well as allow users to make smaller Bitcoin payments.
Developer Alessandro Paluzzi shared screenshots, according to which Twitter would soon allow members of the crypto and Twitter community to add their Bitcoin and Ethereum addresses to their profiles, enabling them to get tips in BTC and ETH. Paluzzi claimed he reverse-engineered this feature, which previous Twitter beta versions have incorporated. He tweeted:
“Twitter is working to allow you to add your #Bitcoin and #Ethereum address to your profile to receive tips via the Tip Jar feature. It is not necessary to link a Strike account to add them to your profile. People will send payments to the [Bitcoin / Ethereum] address you’ve entered above.”
There’s added support for Paluzzi’s leak: Twitter product lead Kavyon Beykpour retweeted his tweet, adding a lightning emoji to it. He shared that Twitter was working on expanding the Tip Jar feature “soon”, adding the social media giant had plans involving NFTs as well.
What is the Tip Jar?
Twitter’s new Tip Jar feature is not to be confused with Super Follows, which gives influencers a chance to make premium content available to paid subscribers. It simply allows users to ‘tip’ influencers for their content. The social medium might let subscribers through Super Follows pay in crypto for their subscriptions soon.
A crypto love affair
Twitter has worked on adding cryptos to its platform before. Last month, MacRumours reported that users of the medium had seen tutorials about Bitcoin on Tip Jar in the beta version:
“Details in the latest Twitter beta indicate that users will be directed through a Bitcoin tutorial that includes details on the Bitcoin Lightning Network and custodial and non-custodial Bitcoin wallets.”
Twitter CEO spent millions to support crypto
Twitter founder and CEO Jack Dorsey’s support for Bitcoin and cryptocurrencies is far from a secret. He has assured investors that Bitcoin would be a big part of Twitter’s future. He also owns payment processor Square, which has discussed adding BTC to its network. Dorsey has gone on record saying he would develop a decentralized crypto exchange.
Dorsey and rapper Jay-Z invested 500 Bitcoins to fund development of the flagship crypto in India and some African countries in February this year. At the time, they were worth more than $23 million.
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