Twitter CEO Jack Dorsey Has Set up His Own Bitcoin Node
Dorsey will now have a hand in keeping the bitcoin network running.
Twitter and Square (SQ) CEO Jack Dorsey is further supporting bitcoin with the launch of his own "node" – software that helps validate transactions and blocks on the network.
On Friday, Dorsey shared an image on Twitter showing the node in the action of synchronizing with the bitcoin blockchain. He said simply, "Running #bitcoin."
Running #bitcoin pic.twitter.com/W51ga3yrKb
— jack⚡️ (@jack) February 5, 2021
The node will mean Dorsey has a hand in processing bitcoin transactions and recording them in encrypted "blocks" of data. Nodes are vital to keeping the bitcoin network running.
Read more: Bitcoin Advocate Jack Dorsey to Stay On as Twitter CEO
Dorsey is a noted proponent of bitcoin, having brought bitcoin payments to Square's Cash App, and having launched Square Crypto – a team that supports bitcoin development.
Last February, he had Twitter launch a branded hashtag for bitcoin, meaning "#bitcoin" in tweets produced the iconic bitcoin logo.
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CEX trading volumes rose for the first time in five months in June, with spot climbing 15.3% to $1.11T and RWA perpetual volumes surging to a record $311B.
CEX trading volumes rose for the first time in five months in June, with spot climbing 15.3% to $1.11T and RWA perpetual volumes surging to a record $311B.
Why it matters:
CEX trading volumes rose for the first time in five months in June, with spot climbing 15.3% to $1.11T and RWA perpetual volumes surging to a record $311B.
