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Tesla CEO Elon Musk announced a new feature for X! The detail about Bitcoin (BTC) caught attention!
One of the most influential figures in the cryptocurrency market with his posts and statements, Tesla CEO Elon Musk made a new post from his X account.
Elon Musk stated that the new messaging feature of the social media platform, XChat, is now live, that it will use Bitcoin (BTC) style encryption, and that it will support all file types.
Musk announced that XChat is launched with Bitcoin-style encryption, end-to-end security, disappearing messages, voice and video calling, and support for all file types.
Musk stating that this feature is built on Rust with Bitcoin-style encryption and has a completely new architecture has led to reactions from Bitcoin developers and cryptography experts.
Bitcoin Core developer and OCEAN CTO Luke Dashjr responded to Musk's post, saying, "Bitcoin doesn't even use encryption."
JAN3 CEO and Bitcoin supporter Samson Mow echoed the same sentiment by stating, "Bitcoin is not encrypted."
Musk's statement came after Telegram CEO Pavel Durov claimed that Telegram entered into a one-year partnership with Musk's xAI, including a $300 million payment and application integration. Musk responded to Durov's statements by saying, "No agreement has been signed."