Bitcoin's Lightning Network currently the most important technology in the world - Saylor
Bitcoin Maximalist Michale Saylor suggested that Bitcoin's Lightning Network is the most significant technological breakthrough currently underway.
Saylor made the remark during a presentation at a bitcoin-only conference, where he also revealed that Microstrategy is still in the early stages of constructing its Lightning network infrastructure.
He claimed that Lightning will allow developers to construct highly scalable dApps and help scale BTC for billions of clients at a fraction of the cost.
Saylor stated:
'The ethos of bitcoin is to proceed cautiously and slowly on the base layer in the absence of universal consensus, whereas in Lightning, you can move much more aggressively developing functionality and take more risks with the apps than you can with the underlying bicoing layer.
He also mentioned that MicroStrategy is working on a Lightning solution suite. The company's research and development team is focused on enterprise Lightning wallets, enterprise Lightning servers, and enterprise authentication.
According to Saylor, MicroStrategy's investment in Lightning infrastructure will help bring Bitcoin to over 10 million customers. He expects the system to enable businesses to "roll out Lightning to a hundred thousand employees every day."
Saylor is going above and beyond to promote Bitcoin acceptance.
Saylor recently stepped down as CEO of MicroStrategy to take on the newly created job of Executive Chairman in order to focus more on bitcoin-related initiatives.
"As Executive Chairman, I will be able to devote more time to our bitcoin acquisition strategy and related bitcoin advocacy efforts."
Saylor, who is a passionate Bitcoin maximalist, recently criticized everything that isn't Bitcoin. He contended that altcoins are unregistered securities that should be regulated in order to keep them from undermining Bitcoin's price.
