Twitter is set to launch a Bitcoin tipping service for users.
Twitter is now testing the ability to tip users in Bitcoin through Jack Maller’s lightning network app Strike.
Reports indicate that the micro-blogging platform’s new feature will be facilitated through Jack Maller’s wallet service, Strike, which is powered by the Bitcoin Lightning Network.
Earlier this year, Twitter had introduced the “Tip Jar” feature and now it is beta testing an update that allows content creators receive tips in Bitcoin. The report stated that Bitcoin is not yet available to select as a tip option in the release, but closer inspection of code suggests that Twitter is in the process of rolling it out to beta users and perhaps all users in the long run.
Mobile developer Alessandro Pa0luzzi also leaked an image of what the service looks like so far.
“We use Strike to generate Bitcoin Lightning invoices so you'll need to connect your account to accept Bitcoin tips,” the instructions read.
According to The Block, the new lightning service will be Strike enabled and also support Square’s forthcoming hardware wallet. The company also lists Blue Wallet and Wallet of Satoshi as examples of custodial wallets and Breez, Muun, Phoenix and Zap as examples of non-custodial wallets. Twitter will also use Strike to produce Bitcoin invoices. For now, Twitter users will need a Strike account to receive tips in Bitcoin.
The addition of a Bitcoin tipping option is in keeping with Twitter CEO Jack Dorsey’s promise to investors in July that Bitcoin was important to the company and would be coming to the Tip Jar in the future. Currently, Twitter allows users to add Bandcamp, Cash App, Patreon, PayPal, and Venmo links to their Twitter profiles
Jack Dorsey has doubled down on his interest in all things Bitcoin lately, including increasing Square’s Bitcoin holdings, continued development on Square’s hardware wallet, his TBD venture into peer to peer exchanges, Bitcoin mining, and Bluesky, an open and decentralized standard for social media.