Jack Dorsey Suggests Twitter Likely to Integrate Lightning Network
5 d ago•1 min read•Bitcoin
Jack Dorsey has hinted that Twitter will integrate the Bitcoin layer 2 payments Lightning Network.
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.