Twitter earlier this year introduced a new feature called “Tip Jar,” which allows users to send money to others in order to support content creators they follow. Although the platform currently only accepts regular money, Twitter is working on adding Bitcoin to the Tip Jar.
The feature was first discovered by the app’s developer and researcher Alessandro Paluzzi, which is known for leaking details of what social networks have been up to. Paluzzi shared on his Twitter account a screenshot showing how users will be notified about receiving Bitcoin tips through the social network.
Twitter is using Strike’s services to generate Bitcoin receipts through the Lightning Network, which should offer faster payments at lower-than-usual fees for Bitcoin transactions.
Bitcoin is the first widely adopted cryptocurrency in the world. It is a new type of digital money that allows people to send money to each other securely and directly online. The Lightning Network is a technical innovation that allows faster payments with lower fees than the primary Bitcoin network. We use Strike to generate Bitcoin Lightning receipts, so you will need to link your account to receive Bitcoin tips.
Hours after the leak, Twitter’s product lead Kayvon Beykpour confirmed that the social network is indeed working to implement Bitcoin transactions for its Tip Jar platform. However, it is unclear when this option will be available to all users. Twitter’s Tip Jar currently supports services such as PayPal, Patreon, Venmo, Bandcamp, and Cash App.
Earlier today, Twitter also finally launched the long-awaited Super Follow feature for users, who can now pay to access exclusive content from certain Twitter accounts. The feature is now rolling out to users in the US and Canada and will soon be available in other regions.
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