BlockNews
FOLLOW ON X
  • CRYPTO
  • FINANCE
  • POLITICS
  • MEMECOINS
  • NFT
  • TECHNOLOGY
  • OPINION
No Result
View All Result
BlockNews
  • CRYPTO
  • FINANCE
  • POLITICS
  • MEMECOINS
  • NFT
  • TECHNOLOGY
  • OPINION
No Result
View All Result
BlockNews
Home BUSINESS

MicroStrategy Is Seeking to Hire Bitcoin Lightning Software Engineer

by BlockNews Team
October 5, 2022
in BUSINESS, CRYPTO, MEDIA
Reading Time: 3 mins read
A A
1
SHARES
12
VIEWS
Share on XShare in TelegramShare on Reddit

MicroStrategy Company is looking to hire a software engineer to build the Bitcoin lightning network infrastructure. The new hire will also design decentralized finance (DeFi) technologies.

A technology and business intelligence firm has announced that it is recruiting a software engineer who, if hired, will build a Lightning Network-based software-as-a-service (SaaS) platform. This is a Layer 2 scaling system for Bitcoin structured platforms to enhance transaction speed on the blockchain. The Layer 2 scaling solution was first conceived in 2015.

According to statistics, as of October 1, there are 17,203 nodes and 84,928 payment channels on the Bitcoin Lightning Network (LN). At press time, the LN capacity was 4,905.29 BTC, equivalent to $95.2 million at prevailing rates.

Users will therefore send or receive payments faster on the platform. The SaaS platform will be used for eCommerce purposes and to connect with enterprises looking for payment solutions. MicroStrategy executive Chen Wan said:

“As a Bitcoin Lightning Software Engineer at Microstrategy, you will build a Lightning Network-based SaaS platform, providing enterprises with innovative solutions to cyber-security challenges and enabling new e-commerce use-cases.” 

Beyond leveraging the Bitcoin blockchain and Lightning Network to build software solutions and DeFi technologies, the prospective new hire will contribute to the Bitcoin Core codebase and other open-source cryptocurrency coding projects. According to MicroStrategy’s engineering job description, this would be a bonus.

Needed Is Someone With A Bachelor’s Degree In Computer Science

According to the job description, the new software engineer must have a Bachelor’s degree in computer science or a related field, and having a Master’s degree or Ph.D. in computer science or engineering would be an added advantage. The candidate must also have two years of experience building software.

Moreover, the job details that the candidate must have a “strong knowledge of data structures, algorithms, operating systems, distributed systems, and other foundational concepts in computer science. 

As hinted by the criteria for selection, the planned MicroStrategy Bitcoin-based product could be an application designed for mobile and computers with eCommerce capabilities. Therefore, the platform must have high scalability scores and compatibility with cloud solutions and advanced Amazon Web Services (AWS).

Mastery of programming languages like Go, Java, JavaScript/TypeScript, and Full-Stack is also a must-have, with being an active Bitcoin Core contributor and knowledge of cryptocurrencies.

The announcement came after the mobile software, cloud-based services, and business intelligence (BI) firm bought 301 Bitcoin (BTC) to hold on its balance sheet. According to the job listing published this week on the web portal smartrecruiters.com, the new hire will also be expected to develop DeFi technologies, a smart contract-related form of lending where brokers and intermediaries are eliminated.

MicroStrategy to leverage the Lightning Network

In 2020, the company deployed its Bitcoin strategy and acquired 130,000 BTC, equivalent to almost $2.45 billion. The move catapulted the company to a leading position globally among the most significant Bitcoin (BTC) holders.

MicroStrategy’s job advertisement is evidence of the company’s interest in enterprise applications of Lightning: enterprise Lightning wallet, enterprise Lightning servers, and enterprise authentication. The Virginia-based business intelligence and analytics company appreciates the value of Lightning in terms of Bitcoin scalability, reducing transaction cost to almost zero, and most importantly, the ethos of Bitcoin- moving very carefully but aggressively on the base layer while developing more functionality.

Tags: BitcoinBusinesscrypto
TweetShareShare
Previous Post

Music NFTS: A New Tool to Transform an Audience Into a Community

Next Post

Former Google CEO Praises Chainlink as a Better Technology Than Other Competitors

DON'T MISS THESE! HOT OFF THE PRESS

Pepe Coin’s Wild Rebound: Bull Trap or Breakout Brewing?
CRYPTO

Pepe Coin’s Wild Rebound: Bull Trap or Breakout Brewing?

July 1, 2025
Anime 2.0 Revealed: Studio Azuki and the New Wave of Anime Storytelling
CRYPTO

Anime 2.0 Revealed: Studio Azuki and the New Wave of Anime Storytelling

July 1, 2025
Pi Coin in July 2025: Rebound Brewing or Another Breakdown?
CRYPTO

Pi Coin in July 2025: Rebound Brewing or Another Breakdown?

July 1, 2025
VeChain Struggles to Regain Steam After December Peak
CRYPTO

VeChain Struggles to Regain Steam After December Peak

July 1, 2025
Shiba Inu’s Golden Cross Sparks $110M Whale Surge as Pippen Joins the Party
CRYPTO

Shiba Inu’s Golden Cross Sparks $110M Whale Surge as Pippen Joins the Party

July 1, 2025
Toncoin and Telegram: The Sleeping Giant of 2025?
BITCOIN

Toncoin and Telegram: The Sleeping Giant of 2025?

July 1, 2025
Load More

Related News

Pepe Coin’s Wild Rebound: Bull Trap or Breakout Brewing?

Pepe Coin’s Wild Rebound: Bull Trap or Breakout Brewing?

July 1, 2025
Anime 2.0 Revealed: Studio Azuki and the New Wave of Anime Storytelling

Anime 2.0 Revealed: Studio Azuki and the New Wave of Anime Storytelling

July 1, 2025
Pi Coin in July 2025: Rebound Brewing or Another Breakdown?

Pi Coin in July 2025: Rebound Brewing or Another Breakdown?

July 1, 2025
VeChain Struggles to Regain Steam After December Peak

VeChain Struggles to Regain Steam After December Peak

July 1, 2025
Shiba Inu’s Golden Cross Sparks $110M Whale Surge as Pippen Joins the Party

Shiba Inu’s Golden Cross Sparks $110M Whale Surge as Pippen Joins the Party

July 1, 2025
Twitter Telegram Threads

BLOCKNEWS.COM

BlockNews

BlockNews.com is your premier source for real-time cryptocurrency, blockchain, and financial market news.

Our mission is to deliver accurate, timely, and insightful information to help both seasoned investors and newcomers navigate the evolving digital economy.

With in-depth analysis, exclusive insights, and up-to-date news, BlockNews.com keeps you informed on the latest trends in crypto, DeFi, NFTs, tech, and beyond.

Stay ahead of the herd with BlockNews.com

RESOURCES

  • About
  • Contact Us
  • Terms and Conditions
  • Privacy Policy

POPULAR TOPICS

$ADA $XRP AI Avalanche Binance Bitcoin Bitcoin ETF blackrock Blockchain BTC Business Cardano Chainlink China Coinbase Coinglass crypto cryptocurrency Crypto Exchange Crypto Regulation DeFi Dogecoin Donald Trump Elon Musk ETF eth ethereum Federal Reserve FTX grayscale Memecoin metaverse Microstrategy NFT NFTs PEPE ripple sec Shiba Inu Solana Stablecoin Technology US Web3 xrp

GET QUICKER UPDATES ON X

© 2022-2025 BlockNews.com - Crypto and NFT news website by Aiur Labs.

No Result
View All Result
  • HOME
  • CRYPTO
  • MEMECOINS
  • TECHNOLOGY
  • POLITICS
  • FINANCE
  • NFT
  • DEFI
  • GUIDES

© 2022-2025 BlockNews.com - Crypto and NFT news website by Aiur Labs.