Twitter Expands its Tipping Feature to Ethereum
The discussion about the crypto use cases may continue to be buzzing around while we see some giant companies embracing the blockchain technology like we have seen before Samsung availing metaverse for showcasing it's product and the news about McDonald also looking into metaverse.
It seems like this is now becoming a new hot trend companies around the globe somehow trying to use the technology of blockchain.
If you are aware of the Brave Browser, they also have this sort of tipping feature where the contributors could be tipped with some BAT tokens from the wallets on the Brave browser.
Now we have a latest example of Twitter by expanding the tipping feature on it's platform. Twitter which is now being headed by Parag Agrawal, has expanded the tipping feature by including Ethereum and some other options.
They announcement was made in an official tweet by Twitter's official support account and explained that they have added Paga, Barter by Flutterwave and Paytm and the option of adding Ethereum address for the feature of tipping.
For those of you who don't know, Paga and Barter are the mobile payment solutions in Africa while Paytm is an Indian multinational digital payment company.
Previously back in September 2021, Twitter enabled the tipping feature in Bitcoin, where users could tip with Bitcoin using Strike which is a payment platform supporting the BTC lightning network.
These tips are processed through a third party platform which the user choses. When a user taps to send a tip, he will be linked off of the twitter to third party app or website which he has selected, according to Twitter. Which is clear that the tip feature shares user's BTC and ETH addresses.
But looking at the high gas fees on Ethereum blockchain, this tipping feature may not be much attractive for the users.
After the stepping down of Jack Dorsey as CEO, Twitter has expanded it's operations to Ethereum network. Twitter also announced last month that users would be able to add verified NFTs to their profile pictures.
Jack Dorsey, who is a Bitcoin supporter, has not been a fan of ETH. In his tweet back in 2021 he said,
Jack Dorsey also has been pessimistic about Metaverse. He claimed before that Web 3 is owned by the Venture Capitalists and big institutions.
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The majority of this post is spun from this article - https://cryptonews.com/news/post-dorsey-twitter-adds-tipping-ethereum.htm
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From the article -
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Nice article. I think it is more along the lines of them wanting to stick only with the most reputable coins. I do not think twitter will eventually add support for 50+ coins, I think its going to stick to only a few. Jack Dorsey is a huge BTC supporter, and most BTC supporters also support ETH and XMR, but for the more hardcore supporters, thats about it, usually their support is only concentrated in the top few trustworthy coins. And BTC is both so widely supported and so cheap to send the last couple years that there is not really an urgent need to add another coin for donations. The most expensive BTC transaction I made in the past 2 years over 40+ transactions was $0.60, with the average price being $0.20, and often I could even send for 1 sat for $0.09 - $0.12.
But we will see. I do think they want to learn toward keeping it more simple though, and BTC, ETH, and NFTs support is a lot already to add feature wise in a relatively short period of time.
Portions of your writing do not appear to be original. Your text from the below listed article appears to have been written without listing the source.
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