Twitter CEO Jack Dorsey is supporting bitcoin with the launch of his own “node” software that validates transactions and blocks on the network, according to Coindesk. Dorsey shared an image on Twitter showing the node in the action of synchronizing with the bitcoin blockchain.
- The bitcoin node means Dorsey can process the digital coin’s transactions and record them in encrypted “blocks” of data.
- Dorsey has been a bitcoin enthusiast, having brought its payments to Square’s Cash App and launched Square Crypto, a team supporting the digital coin’s development.
- Last February, Dorsey led Twitter in launching a branded “#bitcoin” in tweets allowing them to produce the iconic bitcoin logo.
Bitcoin is currently gaining. BTCUSD is up 2.48%