After enabling Bitcoin tipping on its platform in September 2021, Twitter has stretched its hands by adding Ethereum to the mix.
Through a tweet, Twitter said:
“Have you set up Tips on your profile yet so it’s easy for people to show their support? Yes: Cool, we’ve added Paga, Barter by Flutterwave, Paytm, and the option to add your Ethereum address.”
The tipping mechanism enables users to ask for support from different influencers and content creators on Twitter. Therefore, the latest development will allow Twitter users to send tips through the Ethereum (ETH) network.
The Bitcoin tipping feature used the Lightning Network payment gateway Strike to generate BTC Lightning invoices needed to make the payments.
Therefore, the social media giant is opening up more opportunities by enabling ERC-20 tokens and ETH tips to be made through payment channels like Paytm, Barter by Flutterwave, and Paga.
Johnny Winston, the lead product manager of creator monetization at Twitter, welcomed this development and stated:
“We’re continuing to expand ways to get paid on Twitter which includes more choices for creators and fans who want to use crypto. We’re excited to add the ability for anyone to add their ETH address to Tips.”
Nevertheless, the new feature is not open to domain names utilized by the Ethereum Name Service (ENS).
Twitter continues to delve deeper into the Ethereum ecosystem, given that it presented an official verification mechanism for non-fungible token (NFT) avatars, allowing some users to set the NFTs they owned as their profile picture last month.
The Twitter avatar of the verified NFT would be different from the standard avatar because it would entail a nice hexagonal border instead of a circle, denoting ownership on the blockchain.
Image source: Shutterstock
- Ethereum (ETH)
- lightning network
- new feature
- non-fungible token
- social media