You are currently viewing Why MicroStrategy Seeks To Hire Bitcoin Software Engineer

Why MicroStrategy Seeks To Hire Bitcoin Software Engineer

[ad_1]

Software firm MicroStrategy could be increasing its adoption of Bitcoin. Earlier at this time, 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 turned one of many first U.S. publicly traded corporations so as to add Bitcoin to its treasury technique. Now, the corporate is searching for an knowledgeable on the second layer cost answer based mostly on the BTC blockchain, “Lightning Network” to construct a product.

According to the job publish, the corporate appears somebody with the expertise to construct a Lightening Network-based Software as a Service (SaaS) platform. This product appears at bettering 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 not less than 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 accustomed to a very powerful working system and cell platforms.

In that sense, the brand new MicroStrategy Bitcoin-based product could be an software constructed for cell 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 shall be suitable with its second layer answer and with different cryptocurrencies, equivalent 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 help new use instances, calling it one of the crucial essential technological merchandise on the planet.

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 stated:

MicroStrategy has obtained some R&D initiatives 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 isn’t just that you could possibly scale up bitcoin for billions of individuals, or drive the transaction value to just about nothing, but in addition, 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 way more aggressively growing 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 yr alone.

Bitcoin BTC BTCUSDT Chart 1
Source: Arcane Research

As some consultants argue, this product would possibly permit Bitcoin to breach the hole between early adopters and new customers lastly setting a robust 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 greater on the each day chart and approaches resistance ranges. Source: BTCUSDT Tradingview

[ad_2]

Source link

Leave a Reply