The American messenger Signal is currently working on the development of an open source data protection technology. In order to advance this process, the team behind the messenger is now also accepting donations in the form of cryptocurrencies.
WhatsApp competitor Signal is best known for its data economy and end-to-end encryption. With the open source data protection technology, the security of the messenger should be increased again. The news service recently released information on the fundraising process. Accordingly, the incoming donations are to be processed via The Giving Block , a donation platform for charities, universities and non-profit organizations. In addition to fiat currencies, Signal also accepts the cryptocurrencies BTC , ETH and LTC . The company also commented on Twitter and made it clear that it is dependent on any subsidies:
As a non-profit organization, we depend on your support. If you’ve been patiently waiting for Signal to accept cryptocurrency donations, there is no need to hold back your generosity any longer.
The app offers users from the USA the opportunity to deduct their donation for tax purposes. All you need to do is provide an email address. Anonymous donations are also possible.
Signal soon with its own cryptocurrency?
Signal was launched in 2018 by Moxie Marlinspike and Brian Acton, who co-founded Messenger WhatsApp in 2014. Since then, users have valued the short message service primarily because of its data protection organizations. The developers not only want to guarantee data protection, but also to expand it. Last year Signal introduced a face blurring tool. The background to this was the murder of the American George Floyd. In the past, the messenger drew the attention of many users to itself through security measures of this kind. So does Jack Dorsey, CEO of Twitter. On June 3, 2020, he spoke out in favor of Messenger and asked his entire Twitter followers to download the app. That Signal now enables donations in the form of cryptocurrencies, According to information, the Signal developers were even working on their own cryptocurrency. However, it is uncertain how true these rumors are.