Saylor says Bitcoin’s Lightning Network most important technology in the world right now

Bitcoin Maximalist Michale Saylor argued that Bitcoin’s Lightning Network is the astir important improvement going connected successful the satellite of technology.

Saylor made the remark during his speech astatine a bitcoin-only conference, wherever helium besides announced that Microstrategy is astatine the aboriginal signifier of processing its Lightning web infrastructure.

He argued that Lightning volition assistance standard BTC for billions of customers astatine a fraction of the outgo and let developers to physique highly scalable dApps.

Saylor said:

‘The ethos of bitcoin is to spell precise cautiously and not determination accelerated connected the basal furniture without the cosmopolitan consensus, but successful Lightning, you tin determination overmuch much aggressively processing functionality and instrumentality much risks with the applications than you tin with the underlying bicoing layer.

He added that MicroStrategy is processing a suite of Lightning solutions. The firm’s R&D squad is moving connected endeavor Lightening wallet, endeavor Lightning servers, and endeavor authentication.

Saylor said MicroStrategy’s leap into processing Lightning infrastructure volition assistance bring Bitcoin adoption to implicit 10 cardinal customers. He anticipates that the solution volition let firms to “roll retired Lightning to a 100 1000 employed each day.”

Saylor going each retired to propulsion Bitcoin adoption

Saylor precocious chose to step down arsenic MicroStrategy’s CEO and instrumentality implicit a recently created Executive Chairman relation truthful helium could absorption much connected bitcoin-related initiatives.

“As Executive Chairman I volition beryllium capable to absorption much connected our bitcoin acquisition strategy and related bitcoin advocacy initiatives”

Being a vocal Bitcoin maximalist, Saylor precocious slammed everything that isn’t Bitcoin. He argued that altcoins are unregistered securities that should beryllium regulated, to detach them from weighing down connected Bitcoin’s price.

The station Saylor says Bitcoin’s Lightning Network astir important exertion successful the satellite close now appeared archetypal connected CryptoSlate.