Jack Dorsey: Only a Matter of Time Before Twitter Integrates Bitcoin’s Lightning Network

Twitter may soon integrate Bitcoin’s Lightning Network

In a recent tweet, Twitter CEO Jack Dorsey says it’s only “a matter of time” before the social media giant integrates the Lightning Network, a layer-two scaling solution built on top of the Bitcoin blockchain.

The popular protocol will likely be used for micropayments, but Dorsey is yet to provide any details about the integration.

Prior to that tweet, the billionaire praised encrypted messaging service Sphinx Chat, which allows users to talk to each other via Lightning nodes.

As reported by U.Today, Dorsey’s payment company Square is considering developing its own Bitcoin hardware wallet.

It will also build a solar-powered Bitcoin mining facility together with blockchain technology company Blockstream.

Rapid growth  

The number of nodes on the Lightning Network has more than doubled since last June, according to data provided by Bitcoin Visuals.

Image by bitcoinvisuals.com

On top of that, merchants in El Salvador will likely have to accept payments over Lightning, which will give a major adoption boost to the network.

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