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MicroStrategy to release solutions powered by the Bitcoin Lightning Network in 2023

Michael Saylor, the chief chairman of MicroStrategy, in a Twitter House on Dec. 28, revealed that the enterprise intelligence firm intends to introduce software program and options powered by the Bitcoin Lightning Community in 2023.  

The ex-CEO confirmed that they’re presently investigating preferrred expertise options utilizing the Lightning Community to “help” enterprise branding and a cybersecurity answer particularly for company web sites. 

Microstrategy’s Lightning Community drive

Lightning Community is an off-chain fee answer for Bitcoin and Litecoin developed by Blockstream. It’s designed to scale Bitcoin and Litecoin transaction processing speeds, lowering on-chain congestion and slashing charges. Saylor is satisfied that the Lightning Community is the “web of cash”.

His feedback comply with MicroStrategy’s announcement that they had been trying to bolster their technical staff by on-boarding a Software program Engineer with data of the Bitcoin Lightning Community. On rent, the engineer will assist MicroStrategy develop a Lightning Community-based software-as-a-service platform.

Saylor additionally talked about how chief advertising officers may leverage their software program options and profit from the effectivity of the Lightning Community. He mentioned companies may increase their consumer base by rewarding customers with satoshis after they full duties like posting opinions or surveys. 

The ex-CEO additionally introduced up his “Lightning wall” cybersecurity idea. Saylor is proposing a barrier utilizing the Bitcoin community that may protect web sites from cyberattacks by asking customers to deposit Satoshi. This protect, he provides, will “guarantee” protected passage of purchasers and defend platforms. Customers would want to deposit “100,000 satoshi” to entry the positioning. That is then rapidly reimbursed after their session ends by way of the Lightning Community, which has no lags.

In accordance with trackers, MicroStrategy is among the world’s largest Bitcoin holders. As of late December 2022, MicroStrategy held 130k BTC price over $2.15 billion. Their stash is greater than 3X the quantity held by Galaxy Digital, who lately introduced injecting $65 million into the struggling Argo Blockchain.

The Lightning Netscape browser

Saylor additionally commented on the Lightning Netscape browser improvement, saying it was “a matter of time” earlier than rollout. The browser, he elaborated, will embrace “one thing like” a Lightning pockets that shops fiat cash and a number of other cryptocurrencies however in a non-custodial method with a possible to achieve over 100 million customers.

Just lately, CashApp launched the Lightning Deal with for customers to transact on the Lightning Community.

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