Jack Dorsey Suggests Twitter Likely to Integrate Lightning Network

Friday 11 June 2021, 6:26 PM AEST - 4 days ago

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 (BTC, +0.61%) advocate, Dorsey recently announced on Twitter that his other company, payments firm Square, is considering making a hardware wallet.

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