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Bitcoin maximalist Michele Thaler has argued that Bitcoin’s Lightning Network is the most important ongoing development in the technology world.
Thaler also announced during his talk at the Bitcoin-only conference that Microstrategy is in the early stages of developing its Lightning Network infrastructure.
He argued that Lightning would help scale BTC for billions of customers at a fraction of the cost, allowing developers to build highly scalable dApps.
Sayler said:
Bitcoins ethos is to proceed very cautiously and not move quickly on the base layer without universal consensus, but with Lightning, we develop features much more aggressively than the underlying buy coin layer. , the application can take more risks.
He added that MicroStrategy is developing a suite of Lightning solutions. The company’s R&D team is working on Enterprise Lightning Wallet, Enterprise Lightning Server, and Enterprise Authentication.
Thaler said MicroStrategy’s leap into developing Lightning infrastructure could bring Bitcoin adoption to more than 10 million customers. He expects the solution to allow companies to “roll Lightning to 100,000 employees every day.”
Thaler recently stepped down as CEO of MicroStrategy, choosing to take over the newly created role of Executive Chairman, allowing him to focus more on Bitcoin-related initiatives.
As Executive Chairman, I can focus more on our Bitcoin acquisition strategy and related Bitcoin advocacy initiatives.
Thaler, a vocal Bitcoin maximalist, recently denounced everything but Bitcoin. He argued that altcoins are unregistered securities that should be regulated and should be kept separate from putting pressure on Bitcoin’s price.
