Bitcoin

Jack Dorsey echoed Hal Finney’s historic tweet and launched a full Bitcoin node

Twitter CEO Jack Dorsey announced the launch of his own node on the Bitcoin network, reaffirming his confidence in the future of cryptocurrencies.

Dorsey posted with the caption Launching Bitcoin. Thus, he made a reference to the late cryptographer Hal Finney, whom Satoshi Nakamoto sent the first 10 BTC to more than 12 years ago. Finney tweeted the same phrase on January 11, 2009, a few days after the launch of the Bitcoin genesis block. The only difference between tweets is that Dorsey’s tweet contains a bitcoin hashtag and an emoji depicting his logo.

In the comments, users asked Dorsey if he runs a node on a Raspberry Pi microcomputer. The Twitter founder replied that he is using an Apple computer with an M1 chip. This chip enables fast applications with less power consumption.

Dorsey has long been a bitcoin supporter. In 2014, engineers at his payment company Square began thinking about Bitcoin integration. Speaking at a conference in 2018, Dorsey called Bitcoin “the currency of the Internet.” In late 2019, Dorsey announced the opening of Square’s cryptocurrency arm called Square Crypto to develop Bitcoin’s infrastructure. Square Crypto has provided numerous grants to Bitcoin developers, including a Lightning Network developer known as ZmnSCPxj.

In the fall, Dorsey showed even more faith in bitcoin when Square acquired 4,709 BTC for $ 50 million, joining the ranks of large institutions that have invested in cryptocurrencies.

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