Twitter CEO Launches Own Bitcoin Node

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Last updated on August 5th, 2023 at 06:14 pm

Twitter CEO Launches Own Bitcoin Node

Twitter CEO Jack Dorsey has launched his own full bitcoin node (bitcoin node). In a posted tweet, Dorsey shared a screenshot of his computer screen running the Bitcoin node software. The bitcoin node is part of the cryptocurrency infrastructure that stores a complete copy of the bitcoin blockchain registry with a record of all transactions in the cryptocurrency.

Bitcoin

Unlike the light version, the full node is constantly online. It downloads blocks and verifies transactions against network rules.

Jack Dorsey is a longtime adherent of cryptocurrency. The payment company Square, which he founded, has been providing users of its Cash App mobile app with the ability to buy and sell bitcoin since 2018. Last fall, Square’s investment arm announced a $ 50 million investment in bitcoin, describing the cryptocurrency as an economic empowerment tool.

The CEO of Twitter and Square isn’t the only big executive to back Bitcoin. Earlier this year, Elon Musk temporarily tagged his Twitter account with the hashtag #bitcoin, clearly indicating support for the cryptocurrency. The head of Tesla also tweeted about Dogecoin, calling the cryptocurrency “popular”.

Also Read:   Bitcoin fell by 6%, Ethereum - by 10.5%. The main cryptocurrencies of the world will still not get out of the hole into which the American regulator is driving them.
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