MicroStrategy To Supply Bitcoin Lightning Network Solutions

  • MicroStrategy has lately added 2,500 Bitcoins despite falling prices of Bitcoins.
  • Saylor stated that CMOs can make use of the Lightning Network.

Michael Saylor, executive chairman of MicroStrategy, has stated that by 2023, the organization would release software and solutions which use the Bitcoin Lightning Network.

Saylor announced their development into Lightning Network-based software and solutions on December 28 throughout a Twitter Spaces event. Included in this are “support” solutions for enterprise marketing along with a cybersecurity solution for business websites.

To be able to improve payment throughput and lower transaction costs, the Lightning Network was built like a layer-2 payment protocol on the top from the Bitcoin network.

MicroStrategy is really a business intelligence and technology firm with many different Bitcoins within the purse. They lately announced these were attempting to recruit an application developer with knowledge about the Lightning Network so that they could produce a Lightning Network-based SaaS platform.

Utilizing Lightning Infrastructure

Saylor stated inside a Twitter Spaces discussion that CMOs might make use of the Lightning Network to incentivize consumers by, for instance, rewarding all of them with satoshi for finishing surveys or writing positive evaluations around the company’s website.

And, he stated, the firm wants any company so that you can “spin up” Lightning infrastructure within an mid-day. The MicroStrategy chairman introduced up his “Lightning wall” proposal again, that is a Bitcoin-based barrier made to prevent cyberattacks online by asking users to create a deposit in Satoshi.

Saylor stated that anybody who wants to determine secure company websites would need to set up “100,000 satoshi” like a “guarantee,” which is reimbursed for them every time they sign off. MicroStrategy has lately added 2,500 Bitcoins despite falling prices of Bitcoins.

Latest stories

You might also like...