Twitter to allow users to add BTC and ETH addresses to profiles: Screenshots
|While the news is unofficial at this stage, Twitter’s product lead Kayvon Beykpour hinted that there could be an announcement soon.
Twitter appears to be developing functionality that enables users to add Bitcoin and Ethereum addresses to their profiles.
The latest update is believed to be a part of Twitter’s Tip Jar feature — which was introduced in May this year — and adds to reports which surfaced earlier this week that the firm would enable Bitcoin (BTC) tipping for content creators.
Italian mobile developer and self-described “leaker” Alessandro Paluzzi tweeted screenshots on Sept. 3 which showed BTC and Ethereum (ETH) wallet address options in the settings toolbar of the app version of Twitter.
#Twitter is working to allow you to add your #Bitcoin and #Ethereum address to your profile to receive tips via the Tip Jar feature
— Alessandro Paluzzi (@alex193a) September 2, 2021
ℹ️ It is not necessary to link a Strike account to add them to your profile. pic.twitter.com/xT9Tg1vdzR
While the news is unofficial at this stage, Twitter’s product lead Kayvon Beykpour retweeted Paluzzi’s Sept. 1 post about the BTC tipping feature with the lighting and “soon” arrow emoji.
Twitter CEO Jack Dorsey hinted in July that BTC tipping was a part of its broader plans to integrate that asset into the platform via avenues such as commerce and subscriptions.
An Aug. 31 report from MacRumours claimed that the BTC tipping feature will utilize Lightning Network payment platform Strike. However Paluzzi has suggested that “it is not necessary to link a Strike account” to add BTC addresses to user profiles.
— Kayvon Beykpour (@kayvz) September 1, 2021
Dorsey’s Square Inc has outlined multiple BTC initiatives in 2021, including an assisted custody wallet and BTC-based DeFi services. The idea of digital gold being used to tip content creators on Twitter is unsurprising given that Dorsey is a BTC maximalist, however the inclusion of ETH appears to be uncharted territory for the tech leader who has notably refused to have anything to do with the second most popular cryptocurrency in the past.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.