Skip to content

Elon Musk, billionaire Tesla and Twitter
TWTR
Mercurial’s new owner, who is still surprisingly bullish on bitcoin, has released a roadmap that would see the app radically overhauled.

Subscribe now for him Forbes CryptoAsset and Blockchain Advisor and successfully navigate the latest bitcoin and crypto market crash

Encrypted private messages, long-form posts, subscription relaunches and in-app payments are all in the works at Twitter under Musk amid wild speculation that he may launch an iPhone rival and integrate the dogecoin-based cryptocurrency. memes on Twitter.

Meanwhile, Twitter’s iPhone code has revealed references to messaging app Signal’s protocol for encrypted private messages, unexpectedly sending the price of the mobile cryptocurrency linked to Signal up nearly 300% after a brutal crash in the price of bitcoin and crypto that may have just begun.

It’s in a brutal bear market that you need more up-to-date information! Register now for free CryptoCodexA daily newsletter for traders, investors and the crypto-curious that will keep you ahead of the market

“Twitter to Adopt Signal Protocol for Encrypted DMs,” cyber nerd and technology researcher Jane Manchun Wong. posted on Twitter. “Seeing Signal Protocol code references within Twitter [iPhone] iOS app.”

Musk has previously praised Signal, showing his Twitter followers to “use Signal” over iPhone iMessages, Facebook Messenger and WhatsApp in January 2021. Signal’s open-source protocol and application are developed by the Signal Technology Foundation, which is funded by donations.

Previously, Musk had posted slide from his “Twitter Company Talk,” adding that he thinks he can “see a path to Twitter surpassing one billion monthly users in 12 to 18 months.”

Musk, who last month bought Twitter for $44 billion with plans to turn it into a WeChat-style superapp called X, also said that if iPhone maker Apple and Android developer Google
GOOG
ban twitter from their app stores he will have no “other solution [but to] make an alternate phone.”

Reports that Twitter is planning to use Signal technology for its enhanced messaging have sent the price of bitcoin’s smaller rival cryptocurrency mobilecoin — which has a market cap of $140 million compared to bitcoin’s $300 billion , rising nearly 300% over the past 24 hours.

Sign up now for CryptoCodex—A free, daily newsletter for the crypto-curious

MORE FROM FORBES‘$1 ​​Million by 2030’-Awesome Bitcoin Price Prediction Revealed

Last year, Signal announced it would begin rolling out a payments feature that uses the cryptocurrency mobilecoin, a bitcoin-like digital currency with added privacy features designed to better facilitate person-to-person payments.

Before buying Twitter, messages between Musk and investors revealed that he had considered adding dogecoin and bitcoin blockchain technology to the app, boosting dogecoin’s price as it and the broader bitcoin and crypto market suffered an almighty crash (though an investor has just issued a large bitcoin price prediction).

.

[ad_2]

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *