Why MicroStrategy is hiring a Bitcoin Software Engineer
Software company MicroStrategy may expand its use of Bitcoin. Earlier today, the company published a publicly traded job offer for a Bitcoin Lightning Software Engineer that hinted at a new project based on the cryptocurrency.
In 2020, MicroStrategy attracted attention when it became one of the first US publicly traded companies to add Bitcoin to its financial strategy. Now the company is looking for an expert on the second-tier payment solution based on the BTC blockchain, “Lightning Network” to build a product.
According to the job posting, the company seems like someone with experience building a Lightening Network-based Software as a Service (SaaS) platform. This product looks to improve security and offer the following use cases for a company:
As a Bitcoin Lightning Software Engineer at MicroStrategy, you will build a Lightning Network-based SaaS platform that provides companies with innovative solutions to cybersecurity challenges and enables new e-commerce uses.
MicroStrategy is taking Bitcoin from the treasury to new use cases
Candidates interested in filling the position at the software company must have at least a master’s degree in computer science and engineering with a minimum of 2 years’ experience in software development. In addition, candidates must be familiar with the most important operating systems and mobile platforms.
In that sense, the new MicroStrategy Bitcoin-based product could be an application built for mobile and desktop with e-commerce capabilities, as suggested by the job description. This platform must be “highly scalable”, and compatible with cloud solutions and advanced Amazon Web Services (AWS).
In addition to being proficient in the following programming languages: Go, Java, JavaScript/TypeScript and Full-Stack, the candidate must be an active Bitcoin Core contributor. The job posting also provides 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 provided any information about this or any other upcoming product.
Bitcoin Lightning, the key to success?
The founder and current chairman of MicroStrategy, Michael Saylor, has praised the Lightning Network for its capacity 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 hinted at research and development (R&D) initiatives being created by his company to leverage the Lightning Network. During the event, Saylor said:
MicroStrategy has some R&D projects going on right now where we’re working on enterprise applications for Lightning: Enterprise Lightning Wallet, Enterprise Lightning Servers, Enterprise Authentication. The advantage of Lightning is not only that you can scale up bitcoin for billions of people, or get the transaction costs to almost nothing, but also the ethos of bitcoin is to tread very carefully and not move quickly on the base layer without the universal consensus, but in Lightning you can you move much more aggressively and develop functionality and take more risks (…).
As Bitcoinist reported, the Lightning Network has seen an explosion in adoption and capacity. The second tier solution went from supporting less than 1,000 BTC in 2021, to doubling that amount in just the first few months of that year.
As some experts claim, this product could allow Bitcoin to break the gap between early adopters and new adopters finally establishing a strong foothold in the mainstream. At the time of writing, BTC’s price is trading at $19,700 with a profit of 1% in the last 24 hours.
