Friday, December 9, 2022
    HomeBitcoinWhy MicroStrategy Seeks To Hire Bitcoin Software Engineer

    Why MicroStrategy Seeks To Hire Bitcoin Software Engineer


    Software program firm MicroStrategy is perhaps increasing its adoption of Bitcoin. Earlier in the present day, the corporate published a listed job providing for a Bitcoin Lightning Software program Engineer hinting at a brand new venture primarily based on the cryptocurrency.

    In 2020, MicroStrategy attracted consideration because it turned one of many first U.S. publicly traded firms so as to add Bitcoin to its treasury technique. Now, the corporate is searching for an knowledgeable on the second layer cost answer primarily based on the BTC blockchain, “Lightning Community” to construct a product.

    In keeping with the job submit, the corporate appears somebody with the expertise to construct a Lightening Community-based Software program as a Service (SaaS) platform. This product appears at enhancing safety and offering the next use circumstances for a corporation:

    As a Bitcoin Lightning Software program Engineer at MicroStrategy, you’ll construct a Lightning Community-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 Instances

    Candidates with curiosity in filling the place on the software program firm will need to have at the very least a grasp’s diploma in Laptop Science and Engineering with a minimal of two years of expertise constructing software program. As well as, candidates have to be accustomed to an important working system and cellular platforms.

    In that sense, the brand new MicroStrategy Bitcoin-based product is perhaps an software constructed for cellular and computer systems with eCommerce capabilities, as hinted by the job description. This platform have to be “extremely scalable”, and appropriate with cloud options, and superior Amazon Net Companies (AWS).

    Along with being proficient within the following programming languages: Go, Java, JavaScript/TypeScript, and Full-Stack, the candidate have to be an lively 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 can be appropriate with its second layer answer and with different cryptocurrencies, corresponding to a crypto pockets. Nevertheless, the software program firm has not disclosed any info 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 Community for its capability to be extra scalable and help new use circumstances, calling it probably the most essential technological merchandise on the earth.

    Talking on the Baltic Honeybadger Convention in Latvia, Saylor hinted at Analysis and Growth (R&D) initiatives made by his firm to leverage the Lightning Community. Throughout 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 is not only that you possibly can scale up bitcoin for billions of individuals, or drive the transaction price to almost nothing, but in addition, the ethos of bitcoin is to go very rigorously and never transfer quick on the bottom layer with out the common consensus, however in Lightning, you’ll be able to transfer far more aggressively growing performance and take extra dangers (…).

    As Bitcoinist reported, the Lightning Community 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
    Supply: Arcane Analysis

    As some specialists argue, this product may enable Bitcoin to breach the hole between early adopters and new customers lastly setting a robust foothold within the mainstream. On 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. Supply: BTCUSDT Tradingview

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