Jack Dorsey, the co-founder of social media community Twitter and monetary providers agency Sq., has confirmed that he plans to combine Bitcoin’s Lightning Community aspect chain with at the very least one among his firms.
On June 11, Dorsey responded to a query from Twitter person “deyonté,” who had requested Dorsey to combine the Lightning Community into Twitter or BlueSky – the decentralized social network Twitter has spent manpower on the event since 2019.
In response, Dorsey replied, “Only a matter of time.”
Only a matter of time
— jack (@jack) June 11, 2021
Dorsey’s remark appears deliberately imprecise, with the remark brazenly interpreted as affirmation that BlueSky or Twitter, and even each firms, may take into account a Lightning integration.
Twitter person “mklad” additionally urged that Dorsey’s pro-Lightning feedback could also be associated to Sq.’s current acquisition from Jay-Z’s failed music streaming platform, Tidal.
Dorsey’s tweet comes amid current strikes by Sq. to broaden its digital asset enterprise.
Earlier this month, Dorsey revealed that Sq. plans to develop an open-source non-custodial Bitcoin hardware wallet. The next day, Cointelegraph reported that Sq. unveiled a partnership with blockchain infrastructure agency Blockstream, with Sq. planning to take a position $5 million in a Bitcoin mining facility on solar power.
Dorsey has lengthy argued that Bitcoin mining is driving adoption and innovation in renewable energy, with Sq. $10 million committed in direction of its Bitcoin Clear Power Funding Initiative in December.