Why MicroStrategy Seeks To Hire Bitcoin Software Engineer

Software firm MicroStrategy could be increasing its adoption of Bitcoin. Earlier right now, the corporate published a listed job providing for a Bitcoin Lightning Software Engineer hinting at a brand new venture primarily based 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 professional on the second layer cost answer primarily based on the BTC blockchain, “Lightning Network” to construct a product.

In keeping with the job publish, the corporate appears somebody with the expertise to construct a Lightening Community-based Software as a Service (SaaS) platform. This product appears at bettering safety and offering the next use circumstances for an organization:

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

MicroStrategy Takes Bitcoin From Treasury To New Use Instances

Candidates with curiosity in filling the place on the software program firm will need to have at the least a grasp’s diploma in Laptop Science and Engineering with a minimal of two years of expertise constructing software program. As well as, candidates should be aware of crucial 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 should be “highly scalable”, and appropriate with cloud options, and superior Amazon Net Companies (AWS).

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

Thus, it’s attainable to imagine that the brand new MicroStrategy Bitcoin product will probably be appropriate with its second layer answer and with different cryptocurrencies, akin to a crypto pockets. Nevertheless, the software program firm has not disclosed any info on this or another upcoming product.

Bitcoin Lightning, The Key To It Success?

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

Talking on the Baltic Honeybadger Convention in Latvia, Saylor hinted at Analysis and Growth (R&D) initiatives made by his firm to leverage the Lightning Community. Through the occasion, Saylor stated:

MicroStrategy has obtained some R&D tasks happening proper now the place we’re engaged on enterprise purposes of Lightning: enterprise Lightning pockets, enterprise Lightning servers, enterprise authentication. The benefit of Lightning isn’t just that you would 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 may transfer far more aggressively creating performance and take extra dangers (…).

As Bitcoinist reported, the Lightning Community 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 yr alone.

Supply: Arcane Analysis

As some consultants argue, this product would possibly enable Bitcoin to breach the hole between early adopters and new customers lastly setting a robust foothold within the mainstream. On 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 larger on the day by day chart and approaches resistance ranges. Supply: BTCUSDT Tradingview