Jack Dorsey Suggests Twitter Likely to Integrate Lightning Network

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.

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