Twitter CEO and founder Jack Dorsey has unveiled his own node connected to the Bitcoin network. He presented his followers a screenshot of the software Bitcoind used to create full nodes in the blockchain of the first cryptocurrency.
Dorsey quoted Hal Finney’s famous Twitter post from January 11, 2009, namely the first mention of Bitcoin on his platform. Back then, Bitcoin had not yet gotten the fame to write about it using a hashtag. Even more so, the appearance of the Bitcoin emoji on the platform became a fact more than 11 years later.
Running #bitcoin pic.twitter.com/W51ga3yrKb
— jack (@jack) February 5, 2021
The screenshot reveals that Dorsey’s computer conducts the procedure of syncing with the Bitcoin blockchain. Complete nodes retain the entire transaction log, containing such done in the past as well. The blockchain is presently around 330 GB in size and the sync process can last for a few weeks. Dorsey was 2% synchronized by the time the photograph was taken.
When questioned if he operates the node on the Raspberry Pi minicomputer favoured by many Bitcoin enthusiasts, Twitter CEO uncovered that his setup is built on the M1 chip, the latest in Apple’s string of Macbook processors.
The entrepreneur has long been a backer of the cryptocurrency and acknowledges that one day Bitcoin may turn out to be the “own currency of the Internet”. His second company named Square is financing the development of cryptocurrency projects with grants.
“The Internet needs its own currency. I believe Bitcoin is by far the best submission for it. I see no chance for change in this regard, considering all the users who want one and are doing work to unlock its potential. The Internet is propelled by consensus and designed by everyone. Bitcoin has the same model, it’s erected on the Internet,” he stated in the Autumn of 2020.
