Jack Dorsey, the co-founder of social media community Twitter and monetary companies firm Sq., has confirmed he’s planning to combine Bitcoin’s Lightning Community sidechain with at the very least one in all his companies.
On June 11, Dorsey responded to a query from Twitter person “deyonté,” who had requested that Dorsey combine the Lightning Community into Twitter or BlueSky — the decentralized social network Twitter has devoted manpower to creating since 2019.
In response, Dorsey responded, “Solely a matter of time.”
Solely a matter of time
— jack (@jack) June 11, 2021
Dorsey’s remark seems deliberately imprecise, with the comment showing open to be interpreted as confirming that both BlueSky or Twitter, and even each corporations, could possibly be eying a Lightning integration.
Twitter person “mklad” additionally urged Dorsey’s pro-Lightning remarks may relate to Sq.’s latest acquisition of Jay-Z’s failed music streaming platform, Tidal.
Dorsey’s tweet comes amid latest strikes from Sq. to broaden its digital asset operations.
Earlier this month, Dorsey revealed that Sq. intends to develop an open-source non-custodial Bitcoin hardware wallet. The next day, Cointelegraph reported that Sq. revealed a partnership with blockchain infrastructure agency Blockstream, with Sq. planning to speculate $5 million right into a solar-powered Bitcoin mining facility.