„Tips for all”. Bitcoin on Twitter.
The most popular cryptocurrency has entered Twitter. The platform has introduced the ability to reward users with tips in bitcoin. Payments will be made through the Lightning Network.
Twitter had been testing for payments since May, and the beta version of the app featured a “tip jar” option. It allows you to donate small amounts using: Bandcamp, Chipper, Patreon, Venmo, Razorpay, WealthSimple Cash, and the Cash App is also an additional method. Joining the list recently are: GoFundMe and PicPay. And in September, a new option emerged – payments in bitcoin. Twitter has been announcing for quite some time that it will introduce this kind of service.
– We want everyone on Twitter to have access to different ways of earning. Digital currencies are attracting more and more people to participate in the economy and helping them send money to each other across borders, wrote Esther Crawford, head of. Twitter products.
What you need to do to send / receive a tip?
It is no longer necessary to put links to payment profiles in bio or tweets, because the place for this is already directly in the user’s profile. We will know that an account has tips enabled from the icon next to the „observe” button;. After clicking, a long list of payment services will appear and you can choose any that you just like to use. The person to whom we send a tip will see it on his profile.
The user who wants to make a donation will be able to use his already existing wallet. The Strike payment app on the Lightning network (a layer of the blockchain network that supports micropayments) is used to send bitcoin. Twitter will not charge any fees for transactions and the whole donation will go to the user. Strike is available so far only in the USA and El Salvador. Tips are given in satoshi – this is the smallest unit of bitcoin.
To begin with, the option is made available to users in an app on iOS, later it will also come to Android.
We would like to add that in order to enable the tipping option one has to be at least 18 years old and agree to the Tweeters’ payment policy.