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Microstrategy will develop corporate solutions based on Lightning Network

Posted on September 8, 2022

Microstrategy will develop corporate solutions based on Lightning Network

Microstrategy is conducting several research projects based on L2 solutions for scaling Lightning Network (LN) bitcoin, ex-sEO Michael Sailor told it. They include the development of a wallet, server and authentication options.

MicroStrategy is working on solutions that would allow to onboard large numbers of people onto the bitcoin Lightning network, such as enterprise Lightning wallet, enterprise Lightning servers, enterprise authentication. Coindesk https: // t.CO/Fcy2AMFITS

– Wu Blockchain (@wublockchain) September 5, 2022

According to the top manager, Lightning Network is “the most important thing that happens in the world of technology”.

The initiative is aimed at expanding the audience of LN “one hundred thousand users” or “opening 10 million wallets” every day.

Seilor explained that the project is at an early stage, and so far it is too early to talk about its results.

“In LN, you can move much more Ethereum Name Service. aggressive in the development of applications functionality and risk adoption compared to the basic level of the first cryptocurrency”, -said Bitcoin-maximalist.

Recall that in August, departing from the post of CEO, Seilor promised that he would concentrate “on innovation and long -term corporate strategy” that is associated with digital gold.

In September, the ex-getman of Microstrategy was accused of tax evasion in the amount of $ 25 million.

Earlier, Seilor called the company’s decision to invest in Bitcoin correctly.

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