Twitter to Add Bitcoin Lightning Tips, NFT Authentication

Nft authentification

Twitter users on Apple’s iOS will now be able to connect third-party tipping services to their profile on the social media site. That will include the ability to link both Bitcoin addresses and Lightning Network addresses.

Twitter also announced today that it will add non-fungible token (NFT) verification features to the platform, a key step in the evolution of the booming trend for unique digital art, particularly as social media avatars. No specific timeline was laid out for the feature, which remains in development.

The “Tips” feature will roll out on Twitter’s iOS app today and will come to Android systems “soon,” company representatives said in a press call.

The feature is part of a broader push to increase the options for Twitter users with large followings to monetize their content. The announcement didn’t address whether or when the functionality will extend to Twitter on the web.

The tipping feature will rely entirely on third-party payments services like Jack Mallers’ Strike app. Twitter is “not in the flow of funds” and won’t take a percentage of tipping proceeds, the company said. Different payments options or tipping services will be available to users in different parts of the world.

The exception, according to Esther Crawford, who works in Twitter’s product department, will be Bitcoin and Lightning options, which will be available to all Twitter users worldwide.

“There’s this great opportunity for us to choose global, barrier-less options,” Crawford said during the call. “And Bitcoin represents one of the best options. We know not everyone around the world transacts with bitcoin yet, but … we think it’s one of the better solutions.”

Twitter to Add Bitcoin Lightning Tips, NFT Authentication

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