Sunday, December 8, 2019

You Can Now Tip Your Favorite Tweets with Bitcoin on Twitter

Adedamola Bada
I'm Damola, a computer engineer from Obafemi Awolowo University. A crypto enthusiast, marketer, and writer who is seeking to achieve career excellence through hard work and positive contribution to the organization that aspires for excellence. Contact me on [email protected]

The world of Twitter just got sweeter with the new Tippin web-based service that allows you to not only like ‘tweets,’ but reward them with Bitcoin as well. Cheesy!

Choose Lightning

Lightning network (LN) continues to make lightening (no pun intended) progress this year as it pushes to bring bitcoin transactions to global awareness and involvement. Following its recent successful bout that had most of the bitcoin community pay attention to a proposal from Luke Jr that would see Lightening Network play a huge role in the future of bitcoin’s scalability, bitcoin enthusiasts are once again fawning over the latest LN implementation of bitcoin on twitter.

Tippin is a new platform that provides a user-friendly and custodial cryptocurrency wallet for users while leveraging Lightening Network. The lightning network is a second layer network which is built on bitcoin to solve bitcoin’s nagging issue of scalability. The network might just have overdone it a week ago when a Digycode, a company in France leveraged LN to serve Bitcoin easily to customers at ten thousand tobacconist shops.

Thanks to LN, the world is now finding interesting ways to make Bitcoin fun and an interesting part of everyday life.

Jack Dorsey is the Best

CEO of Twitter, Jack Dorsey has very well shown his Bitcoin loving nature some times, and the magnanimous bitcoin twitter community might just be loving him in return. Well, not literally.

A Twitter user named Amjad Masad could not hold his excitement:

“Imagine a world where you can tip people with satoshis. I bet content quality will go up. @jack make it happen!”

Jack Dorsey is also not new to Lightning Network, although LN has barely been around for more than a year. The Twitter CEO was popular twitter influencer hodlonaut’s Trust Chain LN initiative which aimed to apprise people of the advantages of using two layer networks such as LN.

LN Faster than Ever

Critics and skeptics have n0t ceased at Bitcoin’s troubling failing at scalability. The first public comment made on Satoshi Nakamoto’s paper when he proposed Bitcoin in 2008 questioned the currency’s scalability in the long term. And it wasn’t wrong.

LN is, however, becoming a revelation and a solution at no better time as recent research claims the network could be faster than a centralized payment network such as ApplePay and could surpass Visa shortly.

Tippin is currently in beta version, with a chrome browser extension expected to follow by the end of February.

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