Twitter has initiated in building a new team focusing decentralisation for the social media base and allowing blockchain solutions on online service. Twitter has proved to be one effective platform for every discussion on cryptocurrency. This is very clear from the popularity cryptocurrency gained from tweets of Elon Musk, which ultimately aid in raising the value of coins. Therefore, it could be seen that social media also realises the importance of Twitter in crypto world as it has assured working on crypto and blockchain solution base.
The engineer(Tees Rinearson) who has joined Twitter for leading the crypto efforts has thereby made news by latest tweet that Twitter’s new team would stress on the necessary solutions in addition to blockchains and also various other decentralised technologies. This he did by not only stressing individually on cryptocurrencies but also on its solutions. He was concerned to build team which would work on the benefits crypto could do for Twitter and in what ways Twitter could also benefit crypto. This Rinearson tweeted on Wednesday.
Basic Aim Of Crypto Team
The basic aim of crypto team of Twitter is to search for ways in which Twitter could be used for supporting interest of creators in decentralised apps. Such apps aid in managing virtual goods and currencies and also help in providing support to communities and work.
The tweet by Rinearson had specified about the work of team for ahead endeavours that it would work with community for building solutions around as community, identity, ownership, etc. More attracting proposition is concerned with Twitter decentralisation which means hosting it on blockchain network than the servers from different hosts as Amazon Web Services. Although Twitter has promotion plans for itself with the aid of decentralised social media base.
Work Of Crypto Team
In combination to every effort, would be taken care by the Twitter Crypto team in attachment with the bluesky (Budding Initiative being sponsored by Twitter). This would no doubt be converted into long term goal for Twitter in case it desires to move in such a direction. As of now, the social media organisation is expected to initiate its crypto drive with providing option for Bitcoin (or other crypto) payments.
Tweet Of Rinearson
Tweet of Rinearson clearly mentioned that he would be hiring for roles in product and engineering based on such a project. Therefore making of team has initiated with development plan. Such a move of Twitter is of great benefit forcryptocurrency market than Twitter could prove of benefit for the social media base. Although Twitter has been in the list of top technology establishments in the world but it’s trust on blockchaincryptocurrencies, aids in forming much required legacy to crypto, which is yet doubted in many parts of the world.
So, Twitter has proved to be fruitful for the cryptocurrency market and thereby helping in increasing the price of various coins supported by billionaires by way of Twitter.
Leave a Reply