Social media platform Twitter
In May, Twitter came out with tipping as a test feature in order to see how creators are able to gain payments from followers for material that they put out on Twitter. Last Thursday, the company made the announcement that the Tips feature would come out on a worldwide level to all Mac users
Twitter users were able to tip with forms of money while utilizing more regular methods of payment, like Square's
Twitter also intends to allow a link their cryptocurrency wallets and initiating control of NFTs that they tweet with a badge.
Bitcoin tips on Twitter are administered by Strike, which is a bitcoin wallet app that runs through Lightning Network. The Lightning Network is meant to permit quicker and more inexpensive transactions via bitcoin. Funding has been provided by Twitter CEO Jack Dorsey, who recently wrote in a tweet that it was "only a matter of time" before Twitter distributed payments in this manner.
Strike is workable all over America except for in New York and Hawaii, as well as El Salvador. On top of having the Strike usernames, Twitter users will be able to put bitcoin addresses on their profile, which individuals can then copy and paste into cryptocurrency wallets in order to send out tips.
With Twitter's new form of tipping via cryptocurrency, there will be more opportunities for users to appreciate posts from creators.
