{"id":13761,"date":"2021-09-24T11:54:07","date_gmt":"2021-09-24T06:24:07","guid":{"rendered":"https:\/\/zebpay.com\/?p=13761"},"modified":"2021-09-24T11:54:07","modified_gmt":"2021-09-24T06:24:07","slug":"twitter-rolls-out-bitcoin-tipping","status":"publish","type":"post","link":"https:\/\/zebpay.com\/in\/blog\/twitter-rolls-out-bitcoin-tipping","title":{"rendered":"Twitter rolls out Bitcoin Tipping"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_66_1 counter-hierarchy ez-toc-counter ez-toc-light-blue ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/zebpay.com\/in\/blog\/twitter-rolls-out-bitcoin-tipping\/#Tips_using_the_Bitcoin_Lightning_Network\" title=\"Tips using the Bitcoin Lightning Network\">Tips using the Bitcoin Lightning Network<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/zebpay.com\/in\/blog\/twitter-rolls-out-bitcoin-tipping\/#Wait_so_how_does_it_work\" title=\"Wait, so how does it work?\">Wait, so how does it work?<\/a><\/li><\/ul><\/nav><\/div>\n\n<p><strong>For many years the world of entertainment and news was controlled by a relatively small number of people. Big Media decided what most of us read, watched, and listened to. Social media changed that, giving rise to the creator economy. Entertainment decentralized, as independent creators began distributing their work without the support of a traditional network. Twitter\u2019s announcement yesterday gives even more strength to this new era of digital entertainment.<\/strong><\/p>\n\n\n\n<p>Twitter will now allow people to tip their favourite content creators with Bitcoin, and are also looking to launch a fund to pay users who host audio chat rooms on its Spaces feature. <\/p>\n\n\n\n<p>Creators on Twitter (and most social media) already drop links to their payment profiles in the bios.&nbsp;The idea being that if you enjoy their content and want to support it, you know where to go.<\/p>\n\n\n\n<p><a href=\"https:\/\/zebpay.com\/blog\/do-your-own-research-with-bat\/\" target=\"_blank\" rel=\"noreferrer noopener\">Brave even offers the feature to set up a recurring monthly payment to your favourite creators monthly!<\/a><\/p>\n\n\n\n<p>Tips on Twitter makes this easier to do, offering one fixed spot, right on your profile, where creators can link to their preferred payment partner &#8211; Cash App, Patreon or Venmo.<\/p>\n\n\n\n<p>The feature will roll out to people on iOS first and then to Android users in the coming weeks.<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter\"><img decoding=\"async\" src=\"https:\/\/lh6.googleusercontent.com\/yGGlHMvq1pwrZThGyb-560j2edlVhSoNJfHRDx9DM4jMq4NrDlIJPePNVaXJY7JXnamYfLXBUS3lFhtOMP1tD8ZUAo9rZ_VFEM93OvEX3RnJKRU6yRDldNR-y5nsj0utWKmEmSG-=s0\" alt=\"\"\/><figcaption>Tipping with Bitcoin on Twitter<\/figcaption><\/figure><\/div>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-tips-using-the-bitcoin-lightning-network\"><span class=\"ez-toc-section\" id=\"Tips_using_the_Bitcoin_Lightning_Network\"><\/span>Tips using the Bitcoin Lightning Network<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p><a href=\"https:\/\/blog.twitter.com\/en_us\/topics\/product\/2021\/bringing-tips-to-everyone\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Beyond the traditional payment services currently enabled through Tips, you can also tip with Bitcoin!<\/a> You can use a service called Strike to send and receive Bitcoin from across the world instantly. Strik is built on the Bitcoin Lightning Network, which we will learn about shortly. <\/p>\n\n\n\n<p>The service is currently available to people in El Salvador and the U.S. If you\u2019re in these eligible markets, all you need to do is sign up for a Strike account and add your Strike username to receive <a href=\"https:\/\/zebpay.com\/in\/buy-bitcoin\/\" target=\"_blank\" rel=\"noreferrer noopener\">Bitcoin<\/a> tips over the Lightning Network. You can use any Bitcoin Lightning wallet to send tips to someone\u2019s Strike account.<\/p>\n\n\n\n<p>In Twitter\u2019s own words:<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>Digital currencies that encourage more people to participate in the economy and help people send each other money across borders and with as little friction as possible \u2013 help us get there.<\/p><\/blockquote>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-wait-so-how-does-it-work\"><span class=\"ez-toc-section\" id=\"Wait_so_how_does_it_work\"><\/span>Wait, so how does it work?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Think about how Zerodha\u2019s Kite app makes it easier to participate in the stock market. The improved UX makes a big difference, but the app\u2019s systems are built on an existing architecture.&nbsp;<\/p>\n\n\n\n<p>Lightning payments are built on top of the Bitcoin network, but they work the same way. The concept was first proposed by Joseph Poon and Thaddeus Dryja in 2015 and has been under development since that time.<\/p>\n\n\n\n<p>By taking transactions away from the main blockchain, the lightning network is designed to decongest the bitcoin blockchain, allowing for faster transactions at reduced costs.<\/p>\n\n\n\n<iframe width=\"620\" height=\"508\" src=\"https:\/\/strawpoll.com\/embed\/qq3jhjk61\" style=\"width: 100%; height: 508px;\" frameborder=\"0\" allowfullscreen=\"\"><\/iframe>\n\n\n\n<hr class=\"wp-block-separator is-style-dots\"\/>\n","protected":false},"excerpt":{"rendered":"<p>For many years the world of entertainment and news was controlled by a relatively small number of people. Big Media decided what most of us read, watched, and listened to. Social media changed that, giving rise to the creator economy. Entertainment decentralized, as independent creators began distributing their work without the support of a traditional [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":13762,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"_ayudawp_aiss_exclude":false,"footnotes":""},"categories":[14],"tags":[],"acf":[],"_links":{"self":[{"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/posts\/13761"}],"collection":[{"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/comments?post=13761"}],"version-history":[{"count":0,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/posts\/13761\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/media\/13762"}],"wp:attachment":[{"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/media?parent=13761"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/categories?post=13761"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/tags?post=13761"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}