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Twitter CEO Jack Dorsey Sets Up Bitcoin Node


It was through a tweet that Jack Dorsey, founder and boss of Twitter, announced that he had set up a bitcoin node. Nodes are part of the digital currency infrastructure and are used to validate transactions. They keep a complete copy of the blockchain account ledger which records all bitcoin transactions.

Jack Dorsey’s involvement comes at a time when bitcoin in particular and cryptocurrencies in general are experiencing a rise in popularity and a surge in their prices. Although volatile, bitcoin is currently worth more than 32,400 euros after coming close to 35,000 euros last month.

After Bitcoin, Elon Musk bets on Dogecoin

Jack Dorsey isn’t the only one supporting bitcoin. Earlier this year, Elon Musk temporarily posted the hashtag #bitcoin on his Twitter account, causing his price to jump. Last week, he set his sights on Dogecoin, a digital currency launched in 2013 and which was initially intended to be a joke.

Last year, big companies like Apple and Uber, prominent politicians like Barack Obama, big bosses like Bill Gates and Elon Musk as well as artists like Kanye West were among the victims of the massive hacking that Twitter was the target yesterday. For a few hours, these and other accounts with millions of subscribers were hijacked by hackers to serve a bitcoin scam.

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Article from CNET.com adapted by CNETFrance

Image : Angela Lang / CNET


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