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Twitter CEO Jack Dorsey Has Set up His Own Bitcoin Node
Dorsey will now have a hand in keeping the bitcoin network running.
Updated Sep 14, 2021, 12:07 p.m. Published Feb 5, 2021, 10:23 a.m.
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.
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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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