Twitter doubles down on cryptocurrency and NFTs

a software engineer with a long history of developing blockchain technology, As the team explained in a thread what it sees as a natural fit between Twitter and distributed ledger technology like blockchain and bitcoin.

“I am thrilled to share that I have joined Twitter to lead a new team focused on cryptography, blockchain, and other decentralized technologies – including cryptocurrencies and going beyond,” he parted. was written in “First, we will explore how we can support the growing interest among creators to use decentralized apps to manage virtual goods and currencies and to support their work and communities.”

The move is just another in a long line of Twitter showing its commitment to all things blockchain. is it possible help bitcoin payment facilityor developing a decentralized social media protocol called Blue SkyThe company has repeatedly reiterated that it believes this location is a natural fit for Twitter and its users.

“Blockchain and crypto are unlocking new possibilities that align with many of our big product bets, including creator monetization and new forms of self-expression,” a company spokesperson wrote over email. “The time has come for Twitter to explore that technology in earnest, and Tess — who has led engineering teams at Interchain, Tendermint, Interstellar and Chain — has the experience to lead that charge.”

Rinearson, for his part, acknowledged that there is a lot about crypto on Twitter that remains up in the air.

“Looking ahead, we will explore how the ideas of crypto communities can help us push the boundaries of what is possible with identity, community, ownership and more,” she wrote.

Which sounds cool and all, but it remains to be seen whether Rinearson and his growing team can solve the big problem facing the Twitter crypto community: the crisis of Right-click Saver,