Recently, Twitter announced a new feature for its users. This new feature will allow users to tip their most favorite content creators using bitcoin. It will enable Twitter influencers to earn money from anywhere in the world regardless of any geographical restrictions. The company has partnered with the strike, a platform built on the Bitcoin lightning network, which facilitates instant international payments virtually with no transaction costs. Twitter also mentioned that as its feature is using traditional, non-crypto platforms, it will not take a cut from the tips exchanged between the users.
To conduct transactions, the users have to follow a few simple steps:
The lightning network is a secondary payment layer built on the bitcoin network to enable safe and cheap transactions. Without this technology, it generally takes up to an hour for a bitcoin transaction to be finalized on its blockchain network. But by using this network, the users can skip this time-consuming process by executing instant transactions between multiple channels before registering the final state on the blockchain.
To receive the tips, the user has to confirm their eligibility status by clicking on the edit profile option and activating Tips.
After following these few simple steps, Twitter users will be enabled to access this new exciting feature.
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