The Twitter social network supports the transfer of income by means of the Ethereum handle

After Bitcoin, Twitter supported the integration of Ethereum addresses into consumer accounts to carry out the remittance perform.

The Twitter social network supports the transfer of income by means of the Ethereum handle

As reported by Coinlive, the world’s main social network Twitter in September 2021 produced the very first professional-crypto move by enabling end users to integrate Bitcoin (BTC) wallet addresses into their profiles, from the 1 made use of to transfer income by means of the Tipping Jar perform. on iOS.

This function has been broadly accepted by the cryptocurrency neighborhood and can be observed as a “farewell gift” that Twitter CEO Jack Dorsey sent to end users ahead of stepping down in November of the identical yr.

Jack Dorsey has prolonged been recognized to be an ardent Bitcoin supporter, demonstrating his investment move and supporting BTC’s improvement above the many years. After leaving Twitter, Dorsey went on to perform for Square (later on renamed Block), a payment processing corporation he also founded and currently accepts cryptocurrencies).

However, the former Twitter CEO has a rather adverse see of altcoins, such as Ethereum, simply because in accordance to him only Bitcoin is the only cryptocurrency capable of getting “the currency of the Internet”. Mr. Dorsey as soon as criticized the Web3 trend, which emerged on the Ethereum platform concerning late 2021 and early 2022.

However, on February 17, Twitter claimed to have supported Ethereum (ETH) wallet addresses in the Tipping Jar, bringing this cryptocurrency on par with Bitcoin. Users will be in a position to set an ETH wallet handle on their Twitter account right after reading through and agreeing to the terms of the Tipping Jar.

Additionally, a Twitter rep explained that it is not at the moment supported to signify wallet addresses as Ethereum Name Service (ENS) .eth domains, a quite well known Ethereum wallet handle identification task.

Before that, in January, Twitter also rolled out a function that lets end users to set NFT as their avatar. These NFTs are all on leading of Ethereum. However, social networks lack the mechanism to confirm the originality of NFT, main to a lot of complaints that other people today can copy NFT photographs, with the end result that two people today can share the identical avatar.

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