Musk: An instant messaging app "X Chat" with "Bitcoin-like" encryption features will be launched.

BTC-4,18%

PANews, November 1st news, reported by Cointelegraph, Musk stated in a podcast that he plans to launch an independent instant messaging application called “X Chat” to compete with Telegram and WhatsApp, which is expected to be released in the coming months. “It uses a peer-to-peer encryption system, somewhat like Bitcoin. The encryption works very well; we are conducting comprehensive testing,” Musk added, stating that there will be no “advertising placements.” He pointed out that competitors like WhatsApp “will place ads based on your chat content.”

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Bitcoin Price Breaks Through Short-Term Resistance Fueled By Whale Demand And Recovering Sentiment

Bitcoin price breaks consolidation as fresh whale demand drives a bullish momentum shift. Exchange BTC reserves hit a four-week low as investors move coins to cold storage. Rising risk aversion from the Strait of Hormuz tensions strengthens Bitcoin’s resilience narrative. Bitcoin price has

Blockzeit4m ago

Samson Mow Objects to Michael Saylor's Bitcoin Insufficiency Post - U.Today

The debate over Bitcoin's supply scarcity is highlighted by Michael Saylor's claim that there isn't enough Bitcoin for everyone, which Samson Mow counters with calculations showing each person could receive around 259,259 satoshis if distributed globally. Mow's argument underscores the reality that large entities hold significant portions of Bitcoin, emphasizing its scarcity and potential value.

UToday13m ago

BTC drops below 70,000 USDT

Gate News bot message, Gate market display, BTC drops below 70,000 USDT, current price 69,980.4 USDT.

CryptoRadar24m ago

ChatGPT Predicts Kaspa (KAS) Price if Bitcoin Hits $100K in April

Bitcoin has climbed back above the $70,000 key level, and that has reopened a familiar market question. When BTC pushes higher, capital often starts looking for stronger percentage moves elsewhere. Kaspa is one of the assets that usually enters that conversation fast. That is why the latest que

CaptainAltcoin26m ago

While Bitcoin and Ethereum Consolidate, This Altcoin Is Quietly Preparing for a Major Rally - BTC Hunts

The post While Bitcoin and Ethereum Consolidate, This Altcoin Is Quietly Preparing for a Major Rally appeared first on Coinpedia Fintech News While Bitcoin and Ethereum continue to move sideways, one major altcoin appears to be quietly building momentum beneath the surface. Growing

BTCHUNTS29m ago
Comment
0/400
No comments