Twitter may soon allow users to add Bitcoin and Ethereum addresses to their profiles for tips

Twitter is working to allow users to add Bitcoin and Ethereum addresses to their profiles to receive tips about cryptocurrencies. The new addition may aim to update the Tip Jar feature that the microblogging network introduced earlier this year. Twitter is working to allow users to receive Bitcoin tips through the Tip Jar feature. CEO Jack Dorsey suggested the implementation in July, calling Bitcoin “a big part” of the company’s future in conversations with analysts and investors.

Mobile app developer Alessandro Paluzzi discovered references on Twitter bringing the ability to allow users to add Bitcoin and Ethereum addresses to their profiles. The developer posted a tweet that featured three screenshots to indicate the new options.

The first screenshot suggests that users would be able to copy Bitcoin and Ethereum addresses to send hints in either of the two cryptocurrencies using the Tip Jar feature. In the second and third, Twitter appears to allow users to add Bitcoin and Ethereum addresses to their profiles.

Along with screenshots that suggest adding Bitcoin and Ethereum address options, Paluzzi on Wednesday tweeted a screenshot to suggest the arrival of Bitcoin support for the Tip Jar feature. that tweet received a comment from Twitter’s product leader, Kayvon Beykpour, which includes a lightning emoji along with another saying “soon” to confirm its development and its imminent release.

Beykpour did not provide further details on exactly when the ability to receive Bitcoin tips through Tip Jar will be available to users. However, the screenshot posted by Paluzzi suggests that Twitter would consider The Lightning Network payment transfer technology to allow Bitcoin tips on its platform.

The screenshot also suggested that Twitter would use Strike to generate Bitcoin Lightning invoices for the cryptocurrency tips users will receive through the platform. Paluzzi in his most recent tweet, however, says users won’t be required to link a Strike account to add their Bitcoin and Ethereum addresses.

A MacRumor report says work for Bitcoin tips was suggested via Twitter for the iOS beta code. However, it is not currently available to beta testers.

In May, Twitter introduced its Tip Jar feature to allow creators, journalists and nonprofits to monetize their tweets in the form of tips. The company initially allowed users to share links to their Bandcamp, Cash App, Patreon, Paypal and Venmo accounts to get tips from their followers. This was, however, just the beginning, as the platform appears to be adding cryptocurrencies as the new payment options.

Twitter CEO Jack Dorsey has been a champion of cryptocurrencies for some time. In August, he said Bitcoin “would unite a deeply divided country.” Dorsey during Twitter’s earnings conference call in July also called the “large part” of Twitter’s future.

“I think there’s a lot of innovation beyond currency, especially when we think about decentralizing social media more and providing more economic incentives,” he said when answering a question about how he sees Bitcoin becoming an integral part of Twitter.

Interested in cryptocurrency? We discuss all things cryptography with WazirX CEO Nischal Shetty and WeekendInvesting founder Alok Jain on Orbital, the Gadgets 360 podcast. Orbital is available on Apple Podcasts, Google Podcasts, Spotify, Amazon Music and wherever you want. you get your podcasts.


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