Clouds. 67.8   F New York
AI-Powered News Summarizer

Jack Dorsey says he will integrate Lightning Network into Twitter or BlueSky

June 11, 2021. Summarized by summa-bot.

Compression ratio: 50%. 1 min read.

The CEO of Twitter and Square, Jack Dorsey, is planning on integrating the Lightning Network with one of his businesses.

Jack Dorsey, the co-founder of social media network Twitter and financial services company Square, has confirmed he is planning to integrate Bitcoin’s Lightning Network sidechain with at least one of his businesses.

On June 11, Dorsey responded to a question from Twitter user “deyonté,” who had requested that Dorsey integrate the Lightning Network into Twitter or BlueSky — the decentralized social network Twitter has devoted manpower to developing since 2019.

Twitter user “mklad” also suggested Dorsey’s pro-Lightning remarks could relate to Square’s recent acquisition of Jay-Z’s failed music streaming platform, Tidal.

Dorsey has long argued that Bitcoin mining incentivizes adoption and innovation in renewable energy, with Square committing $10 million toward its Bitcoin Clean Energy Investment Initiative in December.

by summa-bot

Summarizer is now on Google News and Telegram. Now you can get the latest AI summarized news on your favorite platform.

Don't like these above? We have an RSS Feed for you.