MicroStrategy on Hiring Hunt for Bitcoin Lightning Network Engineer
by James · October 2, 2022
MicroStrategy, the Virginia-based software solutions provider known for using large amounts of company cash and debt financing to buy Bitcoin (BTC), is now seeking an engineer for Lightning Network-based products.
The company published the job advertisement on its website earlier this week.
“As a Bitcoin Lightning Software Engineer at MicroStrategy, you will build a Lightning Network-based SaaS platform that provides businesses with innovative solutions to cybersecurity challenges and enables new eCommerce use cases,” the job posting says.
The applicant should have “experience building software solutions that leverage the Bitcoin Blockchain and Lightning Network, or other decentralized finance (DeFi) technologies.”
Contributions to the development of Bitcoin Core, Bitcoin’s most popular client, a Lightning implementation Lightning Network Daemon (LND) and other major open source crypto projects would also be an advantage, according to the job description.
The Lightning Network is a layer-two solution that sits on top of the Bitcoin blockchain, enabling instant transactions with Bitcoin without having to verify each transaction separately.
MicroStrategy started its Bitcoin buying spree back in 2020 when it initially spent $250 million on the asset. According to the company’s latest filing, to date it has spent over $3.98 billion to buy around 130,000 BTC, making it the largest corporate owner of the asset.
MicroStrategy’s Lightning push
Earlier this month, speaking at the Baltic Honeybadger conference in Riga, Michael Sayler, the former CEO of MicroStrategy who stepped down from his role in August, said the firm’s developers are working on solutions that will enable onboarding a large number people at Lynnettwerk.
Describing Lightning as “the most important thing happening in the world in technology,” Saylor added that the business intelligence firm is seeking solutions that will enable companies to “roll out Lightning to hundreds of thousands of employees every day” or “open Lightning- wallets”. for 10 million customers overnight.”
In another September interview with MarketWatchSaylor said his firm was “interested in cyberspace and continuing to spread Bitcoin. We’re going to use our enterprise software skills to do that.”
Saylor repeatedly designated the largest and oldest cryptocurrency as a “safe haven” asset and “digital gold.”
Decrypt has reached out to MicroStrategy for comment, but had not yet heard back at press time.
