MicroStrategy seeks Bitcoin Lightning Engineer to build SaaS platform
US business intelligence and software company MicroStrategy has announced a position for a Bitcoin Lightning software engineer, signaling a continued push into the digital asset space.
The position seeks an experienced software developer for a project to build a Lightning Network-based Software as a Service (SaaS) platform. The new platform will be developed to provide businesses with “innovative solutions to cybersecurity challenges and enable new e-commerce use cases,” it said.
The applicant should have experience building BTC and Lightning or decentralized finance (DeFi) software solutions. Bitcoin Core development and experience with large open source crypto projects and cloud solutions is a plus, the vacancy stated.
The Lightning Network (LN) is Bitcoin’s layer-2 solution that provides faster and cheaper transactions for users.
Saylor and MS still big on BTC
The move highlights the firm’s long-term strategy, and it reaffirms its commitment to Bitcoin in light of the recent departure of one of the asset’s biggest proponents, former CEO Michael Saylor.
Saylor recently the lame what he termed “misinformation and propaganda” regarding the Bitcoin network’s energy use and alleged environmental impact. He claimed that calculations now indicate that nearly 60% of the energy for BTC mining comes from sustainable sources, and energy efficiency has improved by 46% year-on-year.
The Bitcoin advocate continues to tweet about the properties of the asset which have been further highlighted with recent fiat currency collapses and the resulting banking boom.
Earlier this month [BeInCrypto] reported that MicroStrategy was still buying the dip after adding another 301 BTC to its treasury. The company now has 130,000 BTC worth an estimated $2.5 billion at current prices.
Lightning Network growth plateaus
LN growth has plateaued somewhat in 2022 as a result of a broader downturn in markets and a lengthening crypto winter. That said, it hasn’t dipped and has maintained highs first established earlier this year.
According to Bitcoin Visuals, there are around 85,000 channels active on the network. This represents an increase of over 120% over the past two years. The number of nodes has also stabilized at around 17,000 after increasing by a similar percentage over the past 24 months.
Network capacity is currently around $93 million, having fallen from an all-time high of $214 million along with the price of BTC.
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