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MicroStrategy Executive Chairman Michael Saylor shared his company’s plans to release software and solutions powered by the Bitcoin Lightning Network in 2023.
and these days In a Twitter Spaces on Dec. 28, Saylor said she’s looking at software and solutions that leverage the Lightning Network, including solutions to “support” corporate marketing and cybersecurity solutions for corporate websites. shared.
The Lightning Network is a Layer 2 payment protocol layered on top of the Bitcoin blockchain, enabling off-chain transactions, increasing payment throughput and lowering transaction fees.
A business intelligence and technology company known for its large Bitcoin holdings is looking to bolster its Lightning Network-savvy team, and recently hired Bitcoin Lightning Software Engineers to build Lightning Network-based software. announced that it was considering -a-service platform.
In a Twitter Spaces, Saylor explained that CMOs could use the Lightning Network to incentivize customers. For example, reward Satoshi for engaging in activities such as posting good reviews or answering surveys.
The company also wants any company to be able to “spin up” Lightning infrastructure in an “afternoon.”
MicroStrategy’s chairman reiterated his “lightning wall” cybersecurity idea. This is basically a Bitcoin-based paywall that protects Satoshi’s website from cybersecurity attacks by requiring visitors to make deposits.
Thaler said users wishing to access sensitive corporate websites would have to deposit “100,000 satoshis” to “guarantee” safe passage, which would be returned as soon as the user finished visiting. I explained.
It was noted that this is something a credit card cannot offer as it takes time to get the funds back, stating:
“The problem with credit cards is that you can’t reasonably post a $20-$100 website every day and get $20 back in a second, right?
Thaler believes it’s only a matter of time before someone creates a Lightning version of the “Netscape browser,” and believes there will be a need for “something like” a Lightning wallet to hold dollars and various cryptocurrencies. increase.
He believes this wallet could reach 100 million people if created in a non-binding way.
In a Twitter space, Saylor once again hailed the Lightning Network as the “Internet of Money” and praised its “impressive” progress.
He said the company has a team working on it and is aiming to announce something by “next year,” adding that it is likely that it will be able to show something in the first quarter. rice field.
Related: Bitcoin Lightning Network will be used for fiat currency transfers between Europe and Africa
In October, Michael Saylor retaliated against Eric Wall for his suggestion that Saylor hadn’t made more than three lightning transactions in his life.
Most recently, a new type of BTC address, the Lightning Address, was introduced, allowing users to make transactions on the Lightning Network almost instantly, as opposed to the 10 minute average for a typical Bitcoin transaction.
