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Messaging App Touted by Elon Musk Now Accepts Cryptocurrency Donations

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Mon, 15/03/2021 - 17:15
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Messaging App Touted by Elon Musk Now Accepts Cryptocurrency Donations
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Popular encrypted messaging application Signal has announced support for cryptocurrency donations in a recent tweet:   

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If you've been patiently waiting for Signal to accept cryptocurrency donations, you no longer need to hodl back your generosity.

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Signal has partnered with leading cryptocurrency donation platform The Giving Block, which makes it possible to send contributions anonymously.     

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Image by signal.org

The app’s tiny team of developers relies on donations to pay for servers.

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Building a fair internet  

Created by American cryptographer and anarchist Moxie Marlinspike, Signal stands out among popular messaging apps because of its end-to-end encryption that allows sending messages without revealing their content to any third party.  

After Facebook’s WhatsApp sparked a backlash by forcing users to accept its updated privacy policy, millions of users switched to Signal in mere hours.

In only a day, the app started reaching new peaks of popularity after none other than Tesla CEO Elon Musk, the richest person in the world, urged his followers to use it

In mid-January, it surpassed 50 million installs on the Google Play Store. 

Signal is managed by a non-profit foundation, which has no incentive to collect its users’ data. 

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

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