Why MicroStrategy Seeks To Hire Bitcoin Software Engineer

    Software firm MicroStrategy could be increasing its adoption of Bitcoin. Earlier in the present day, the corporate published a listed job providing for a Bitcoin Lightning Software Engineer hinting at a brand new undertaking based mostly on the cryptocurrency.

    In 2020, MicroStrategy attracted consideration because it grew to become one of many first U.S. publicly traded firms so as to add Bitcoin to its treasury technique. Now, the corporate is searching for an skilled on the second layer cost answer based mostly on the BTC blockchain, “Lightning Network” to construct a product.

    According to the job put up, the corporate appears somebody with the expertise to construct a Lightening Network-based Software as a Service (SaaS) platform. This product appears at enhancing safety and offering the next use instances for a corporation:

    As a Bitcoin Lightning Software Engineer at MicroStrategy, you’ll construct a Lightning Network-based SaaS platform, offering enterprises with modern options to cyber-security challenges and enabling new eCommerce use-cases.

    MicroStrategy Takes Bitcoin From Treasury To New Use Cases

    Candidates with curiosity in filling the place on the software program firm will need to have a minimum of a grasp’s diploma in Computer Science and Engineering with a minimal of two years of expertise constructing software program. In addition, candidates have to be acquainted with a very powerful working system and cellular platforms.

    In that sense, the brand new MicroStrategy Bitcoin-based product could be an utility constructed for cellular and computer systems with eCommerce capabilities, as hinted by the job description. This platform have to be “highly scalable”, and suitable with cloud options, and superior Amazon Web Services (AWS).

    In addition to being proficient within the following programming languages: Go, Java, JavaScript/TypeScript, and Full-Stack, the candidate have to be an energetic Bitcoin Core contributor. The job itemizing additionally provides expertise with cryptocurrencies as a plus.

    Thus, it’s doable to imagine that the brand new MicroStrategy Bitcoin product will likely be suitable with its second layer answer and with different cryptocurrencies, comparable to a crypto pockets. However, the software program firm has not disclosed any data on this or some other upcoming product.

    Bitcoin Lightning, The Key To It Success?

    The founder and present Chairman of MicroStrategy, Michael Saylor, has praised the Lightning Network for its capability to be extra scalable and assist new use instances, calling it one of the vital vital technological merchandise on the earth.

    Speaking on the Baltic Honeybadger Conference in Latvia, Saylor hinted at Research and Development (R&D) initiatives made by his firm to leverage the Lightning Network. During the occasion, Saylor mentioned:

    MicroStrategy has acquired some R&D tasks occurring proper now the place we’re engaged on enterprise functions of Lightning: enterprise Lightning pockets, enterprise Lightning servers, enterprise authentication. The benefit of Lightning is not only that you may scale up bitcoin for billions of individuals, or drive the transaction price to almost nothing, but additionally, the ethos of bitcoin is to go very fastidiously and never transfer quick on the bottom layer with out the common consensus, however in Lightning, you’ll be able to transfer far more aggressively creating performance and take extra dangers (…).

    As Bitcoinist reported, the Lightning Network has seen an explosion in adoption and capability. The second layer answer went from supporting lower than 1,000 BTC in 2021, to double that quantity within the first months of that 12 months alone.

    Bitcoin BTC BTCUSDT Chart 1
    Source: Arcane Research

    As some specialists argue, this product may permit Bitcoin to breach the hole between early adopters and new customers lastly setting a powerful foothold within the mainstream. At the time of writing, BTC’s worth trades at $19,700 with a 1% revenue within the final 24 hours.

    Bitcoin BTC BTCUSDT
    BTC’s worth strikes increased on the each day chart and approaches resistance ranges. Source: BTCUSDT Tradingview

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