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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.
Updated Sep 14, 2021, 1:10 p.m. Published Jun 11, 2021, 8:17 a.m.
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Jack Dorsey has hinted that Twitter will integrate the Bitcoin layer 2 payments Lightning Network.
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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
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