Cryptocurrency NewsThe co-founder of MicroStrategy integrated the Lightning Network into his corporate emails.

The co-founder of MicroStrategy integrated the Lightning Network into his corporate emails.

Michael Saylor, a staunch Bitcoin advocate and co-founder of business intelligence software company MicroStrategy, has added the Lightning Network to his corporate email account. As a result, individuals can now send Bitcoins to Saylor using email address. Saylor, who is 58 years old and has a fortune of approximately $1.2 billion, has received small Bitcoin contributions from supporters since the integration announcement. MicroStrategy owns approximately 140,000 BTC, an equivalent of nearly $4 billion at current exchange rates.

A lightning Network is a second-tier solution built on top of a Bitcoin blockchain, allowing for faster, cheaper, and more scalable transactions. The Lightning Address protocol was used to integrate MicroStrategy, which replaces a regular lightning invoice or payment request with an online identity, such as an email address. This allows users to send Bitcoins to a seylor email address rather than copying wallet addresses or using QR codes.

It is not known if all of MicroStrategy’s corporate email addresses have been updated to reflect this new feature. The Lightning Network can process one million transactions per second (TPS) for the price of one satoshi, or approximately four cents. Its main goal is to reduce the time and cost of executing Bitcoin transactions.

source: https://crypto.news/microstrategy-co-founder-integrates-lightning-into-his-corporate-emails/

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