Businessman Jack Dorsey said he sees a possibility to include Bitcoin's Layer 2 solution Lightning Network into one of the media platforms led by him.
Related: Jack Dorsey Says Square Aims to Launch a BTC Hardware Wallet
When Dorsey posted about sphinx_chat, a forum where people can talk about lightning, a user named @deyonte, suggested Lightning Network's inclusion into Twitter or BlueSky. Dorsey answered it's only a time question.Only a matter of time
— jack (@jack) June 11, 2021
Although the answer is unclear, and without any details there is a possibility of integration.
LN allows off-chain transactions. Its mission is to accelerate transaction implementation and reduce the associated prices of Bitcoin’s blockchain.Jack Dorsey is a huge supporter of BTC and crypto. Square Cash App allows activities with BTC.
In June, Square announced it considers introducing a hardware BTC wallet.
Besides, it is collaborating with Cryptography and blockchain technology firm Blockstream to offer solar-based BTC mining.
Trending: Salvadorans are against buying bitcoins at the expense of the budget
Meanwhile, the bearish trend continues for most cryptocurrencies. Presently, BTC trades at around $35.500 with a market cap of over $666.5 B. The entire market cap stands at around $1.51 trillion.