Twitter introduces Bitcoin failover function and examines NFT authentication

Twitter has started implementing Tips, a feature that allows users to tip bitcoins or cash. The rollout begins with iOS users and Android will be available shortly.

The company also plans to support non-fungible token (NFT) authentication. Twitter provides “tips” with Bitcoin Twitter Inc. announced on Thursday that the Bitcoin tip feature would be introduced from iOS users.

The company tweeted, “I tried the suggestion feature, it turned out that people love money. IOS implementation with Android is coming soon. Twitter described: Tipping allows you to tip bitcoin or cash, depending on how you configure your tip settings and the regional availability of third-party payment providers.

Twitter support tweeted and explained how to use the new tip function. “Do you need help with the tips? Tips are now available to everyone (18+) on iOS. Add the “Suggestions” icon to your profile using the “Edit Profile” button, “wrote the support account.

Are you looking for help with advice? Tips are now available to everyone (18+) on iOS. Use the “Edit profile” button to add the symbol for suggestions to your profile. pic.twitter.com/bFcSIuAbFg – Twitter support (@TwitterSupport) September 23, 2021 Twitter product manager Esther Crawford explained that the suggestion icon appears next to the Follow button on the profile page when suggestions are enabled for an account.

“Tap the icon and you’ll see a list of the payment services or platforms activated by the account and you can choose which one you want,” he wrote, highlighting: Once you touch the service you want to use, the selected application for sending funds will be removed from Twitter. Twitter doesn’t make any cuts. “In addition to the services currently enabled by Tips, people can now tip seamlessly with Bitcoin using Strike, a payment application based on the Bitcoin Lightning Network that enables people to send and receive Bitcoins.

Strike offers free instant payments worldwide, ”added Crawford. Strike is available in the United States, with the exception of Hawaii and New York and El Salvador, where Bitcoin is now legal tender alongside the US dollar. Users in Eligible Markets can create a Strike Account and add their Strike Username to receive Bitcoin Proposals on the Lightning Network.

“You can use any Bitcoin Lightning wallet to tip someone on the Strike account,” said the product manager. “If you activate suggestions in your profile, you can now also add your Bitcoin address. People can copy and paste your address into a bitcoin wallet of their choice to send you a payment directly, ”he noted. Besides Strike, the other payment options and platforms currently available are Bandcamp, Cash App, Chipper, Gofundme, Patreon, Picpay, Razorpay, Wealthsimple Cash and Venmo from PayPal.

Twitter is investigating support for NFT authentication In addition, Twitter announced that it will also support authentication for non-fungible tokens (NFT). “We look forward to exploring NFT authentication soon,” said Crawford. “It is a way to support the creators of this art with a stamp to demonstrate authenticity.

By allowing people to connect their crypto wallets directly, they can track and view their NFT property on Twitter. He added, “We just want to give a visual indication that this is an authenticated avatar and then give you interesting information and information about the origin of this NFT.”

A Twitter spokesperson said: NFT authentication takes the form of a badge that appears in profile photos, identifying the owner’s NFT as genuine.