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BITCOIN What to expect if Twitter does go through with enabling Bitcoin tipping feature

BITCOIN What to expect if Twitter does go through with enabling Bitcoin tipping feature WikiBit 2021-09-02 17:04

“Twitter’s latest beta update introduces support for providing content creators with Bitcoin tips using the “Tip Jar” feature that Twitter introduced earlier this year. “

“You drive the conversation on Twitter and we want to make it easier for you to support each other beyond Follows, Retweets, and Likes. Today, were introducing Tip Jar – a new way for people to send and receive tips.”

This was what Twitter said back in May. Whats the latest development in the same now?

Twitter is reportedly laying the foundation to enable Bitcoin (BTC) tipping for content creators. According to MacRumors, the platform is currently testing it for the operating system iOS Beta. The official release read, Now, Bitcoin isnt yet available for selection as a tip option for beta users. However, code in the beta seems to suggest that “Twitter is in the process of rolling it out.”

Previously, Twitter allowed users to add Bandcamp, Cash App, Patreon, PayPal, and Venmo links to their Twitter profiles. As per the Twitter Beta update, the tipping function will use Lightning Network to make smaller Bitcoin payments. It will support custodial and non-custodial wallets too.

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