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Jack Dorsey Suggests Twitter Likely to Integrate Lightning Network
In a tweet, the Twitter founder hinted the micromessaging system will integrate Bitcoin layer 2 payments Lightning Network.
Jack Dorsey has hinted that Twitter will integrate the Bitcoin layer 2 payments Lightning Network.
STORY CONTINUES BELOW
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- The Twitter founder had tweeted his appreciation for Lightning Network-powered messaging app Sphinx Chat, prompting a follower to ask for the network to be built into BlueSky or Twitter.
- "Only a matter of time," Dorsey replied.
- The Lightning Network is a layer atop the Bitcoin blockchain designed to enable faster and cheaper transactions by enabling user-generated channels for sending and receiving payments.
- Sphinx Chat is a wallet and encrypted messaging service that works over Lightning.
- It is unclear what an integration with Twitter would bring. One possibility is the use of micropayments, for which Twitter-enabled solutions have been developed.
- A long-time bitcoin advocate, Dorsey recently announced on Twitter that his other company, payments firm Square, is considering making a hardware wallet.
Only a matter of time
— jack⚡️ (@jack) June 11, 2021
Read more: Square to Invest $5M to Build Solar-Powered Bitcoin Mining Facility With Blockstream
Jamie Crawley
Jamie has been part of CoinDesk's news team since February 2021, focusing on breaking news, Bitcoin tech and protocols and crypto VC. He holds BTC, ETH and DOGE.
