MicroStrategy Looking to Hire Bitcoin Lightning Software Engineer

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Lightning Network may have stagnated as part of the broader market downturn, but Microstrategy is betting big on it.

Prominent business intelligence and software company MicroStrategy is looking to hire a software engineer to develop a Lightning Network-based SaaS platform.According to its job, the company has advertised for a position that seeks an experienced software developer for a new platform that will be developed to offer enterprises “innovative solutions to cyber-security challenges and enabling new e-commerce use cases.

The recruit will be tasked with building software solutions utilizing Bitcoin Blockchain and Lightning Network or other decentralized finance technologies. Contribution to Bitcoin Core, lnd, and other crypto and large open source projects are also some of the other focus areas. MicroStrategy happens to be one of the largest BTC holders and has so far acquired 130,000 coins since first jumping into the scene in 2020.

The vacancy comes weeks after Michael Saylor, the Co-Founder and former Chief Executive of the Nasdaq-listed tech company, revealed working on enterprise applications of the second layer scaling solution.“MicroStrategy has got some R&D projects going on right now where we’re working on enterprise applications of Lightning: enterprise Lightning wallet, enterprise Lightning servers, enterprise authentication.

MicroStrategy suffered a digital asset impairment charge of $917 million as per its second quarter financial results, as Bitcoin’s price slashed over 65% since its peak.

 

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So Microstrategy is promoting Bitcoin being categorised as a Security due to Lightning/Taro pooling mechanism.

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