Why MicroStrategy is Looking to Hire a Bitcoin Software Engineer


Software company MicroStrategy could expand its adoption of Bitcoin. Earlier today, the company posted a job posting listed for a Bitcoin Lightning software engineer hinting at a new cryptocurrency-based project.

In 2020, MicroStrategy captured attention by becoming one of the first publicly traded US companies to add Bitcoin to its treasury strategy. Now, the company is looking for an expert on the BTC blockchain-based second-layer payment solution, “Lightning Network” to build a product.

According to the job posting, the company appears to have the experience needed to build a SaaS (Software as a Service) platform based on the Lightning Network. This product appears to improve security and provide the following use cases for an enterprise:

As a Bitcoin Lightning Software Engineer at MicroStrategy, you will build a SaaS platform based on the Lightning Network, providing businesses with innovative solutions to cybersecurity challenges and enabling new e-commerce use cases.

MicroStrategy takes Bitcoin from Treasury to new use cases

Candidates interested in taking on the role within the software company should have at least a master’s degree in computer science and engineering with a minimum of 2 years of experience building software. Additionally, candidates should be familiar with major operating systems and mobile platforms.

In this sense, the new product based on MicroStrategy Bitcoin could be an application designed for mobiles and computers with e-commerce capabilities, as the job description indicates. This platform must be “highly scalable”, and compatible with cloud solutions, and advanced Amazon Web Services (AWS).

In addition to mastering the following programming languages: Go, Java, JavaScript/TypeScript and Full-Stack, the candidate must be an active Bitcoin Core contributor. The job listing also adds experience with cryptocurrencies as a plus.

Thus, it is possible to assume that the new MicroStrategy Bitcoin product will be compatible with its second layer solution and with other cryptocurrencies, such as a crypto wallet. However, the software company has not disclosed any information about this product or any other upcoming products.

Bitcoin Lightning, the key to success?

MicroStrategy founder and current president Michael Saylor praised the Lightning Network for its ability to be more scalable and support new use cases, calling it one of the most important technology products in the world.

Speaking at the Baltic Honeybadger Conference in Latvia, Saylor alluded to the research and development (R&D) initiatives his company is taking to leverage the Lightning Network. During the event, Saylor said:

MicroStrategy currently has ongoing R&D projects where we are working on enterprise applications of Lightning: Enterprise Lightning Wallet, Enterprise Lightning Servers, Enterprise Authentication. The advantage of Lightning is not only that you can boost bitcoin to billions or reduce the transaction cost to next to nothing, but also, the ethics of bitcoin is to go very carefully and not budge quickly over the base coat without the universal. consensus, but in Lightning you can move much more aggressively developing features and taking more risks (…).

As reported by Bitcoinist, the Lightning Network has seen an explosion in adoption and capacity. The second layer solution has gone from supporting less than 1,000 BTC in 2021 to double that amount in the first few months of this year alone.

Source: Arcane Research

As some experts argue, this product could allow Bitcoin to bridge the gap between early adopters and new users, finally establishing a strong position in the mainstream. At the time of writing, the price of BTC is trading at $19,700 with a profit of 1% in the last 24 hours.

The price of BTC is rising on the daily chart and approaching resistance levels. Source: BTCUSDT Tradingview

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