MicroStrategy, a software and business intelligence firm based in the United States, has advertised a post. This is for a person having the expertise as a software engineer of the Bitcoin Lightning Network, indicating a continuous endeavor in the field of digital assets. The position demands a skilled software developer for the construction of a Software as a Service (SaaS) venue. MicroStrategy has been already announced to begin work on the lightning network project.
MicroStrategy to Appoint an Expert for Bitcoin Lightning to Construct a SaaS Venue
MicroStrategy will deploy the new venue to offer innovative solutions for enterprises with some innovative solutions dealing with the challenges related to cyber security. It will also enable some additional use cases in the field of e-commerce, as per the venue. In this way, the applicant for the respective post should have substantial experience in constructing Lightning software solutions for Lightning, Bitcoin, or the rest of the decentralized finance (DeFi) sector.
The vacancy mentions that the applicant needs to have experience in the development of Bitcoin Core. The person should also be an expert in the rest of the crypto projects (which are open source and big) along with the cloud solutions. The Lightning Network (LN) is considered to be the layer-2 solution by Bitcoin to offer consumers rapid and economic transfers. The endeavor indicates the long-term plan of the company.
It affirms the commitment thereof to BTC considering the recent resignation of Michael Saylor (the former CEO of MicroStrategy) who was categorized among the top proponents of Bitcoin. Recently, Saylor discussed the terms propaganda and misinformation regarding energy usage as well as the accused environmental influence of the Bitcoin network. As asserted by him, nearly sixty percent of Bitcoin’s energy is taken from sources that are sustainable and the year-on-year energy efficiency of Bitcoin has increased by up to forty-six percent.
The supporter of Bitcoin keeps on sharing tweets regarding the asset’s those characteristics which have come to the front even following the recent drops of fiat currency. Formerly in September 2022, it was reported that the platform MicroStrategy was contemplating purchasing the dip following the incorporation of an additional 301 Bitcoin to the treasury thereof. At the moment, the holdings of the platform take into account 130,000 BTC (approximately $2.5B in worth).
Lightning Network Keeps on Growing Swiftly
The advancement of the Lightning Network (LN) has resulted from a broader slowdown across the market as well as an expanding crypto winter. Without going through a decrease, it has maintained its highs starting formerly this year. As per Bitcoin Visuals, nearly 85,000 channels are now actively operating on the respective network.
This denotes an upsurge of above 120 percent during the previous couple of years. The sum of nodes has also seen stability at approximately 17,000. This figure has also surged by an analogous percentage during the previous twenty-four months. Presently, the network capacity is around ninety-three million dollars. This figure has been witnessed after having a drop from $214M (its all-time high along with Bitcoin’s price).