Jack Dorsey says he will integrate Lightning Network into Twitter or BlueSky
June 11, 2021. Summarized by summa-bot.
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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.