Michael Saylor, founder and executive chairman of MicroStrategy (MSTR), discussed his organization’s strategy to introduce software and solutions powered by the Bitcoin Lightning Network in 2023.
Saylor has plans with lightning infrastructure
According to Investopedia, Bitcoin (BTC) wasn’t structured to be scalable. The motive behind Bitcoin was to facilitate a decentralized payment system which allows users to access it from anywhere privately. Wide usage – because of Bitcon’s growing popularity – slows network speed and cost was more than expected.
Due to the above mentioned problems, developers created crypto layers, finally moving to initial blockchain, then to second, tertiary and so on. The second layer of BTC is called Lightning Network that uses micropayment channels to add functionality of blockchains strength to enable more transactions.
Source: https://www.thecoinrepublic.com/2022/12/29/saylors-microstrategy-to-sail-high-via-btc-lightning-solutions-in-2023/