Chairman of SNB considers bitcoin an investment

He thinks that this question is not about technology but about security
24 November 2017   1114

Thomas Jordan, the Chairman of Swiss National Bank, declared that the cryptocurrency, for example bitcoin, is not a currency but is an investment. He considers important the question of who and how has access to the money of a central bank, and not about what technologies are used. He also said that central banks are intensively working on the issue of regulating cryptocurrency and the attitude towards them.

He also believes that the impact of crypto-currency on the financial system as a whole is very important, and therefore central banks should monitor this because in this area there are still many unresolved issues.

Then he said that the SNB will try to reduce pressure on the Swiss franc and at the same time make investments in it less attractive. At the same time, the Swiss franc will remain "highly valued".

Lightning Desktop App to be Launched in BTC Mainnet

The application, which is based on the lightweight Neutrino client, is available for the macOS, Windows and Linux, however, it's oriented fro test environment
24 April 2019   148

Lightning Labs, a leading developer of solutions for the Lightning Network, announced the launch of its desktop wallet in the main Bitcoin network. An application that was previously tested in a test network is available in the alpha version.

The application, which is based on the lightweight Neutrino client, is available for the operating systems macOS, Windows and Linux, however, as the developers emphasize, is still oriented primarily to the test environment. At the same time, more advanced users can also experiment with the wallet interface and get access to their funds.

Lightning App Desktop Version Screenshot
Lightning App Desktop Version Screenshot

The Neutrino client allows non-custodial Lightning wallets to verify Bitcoin transactions without the need to synchronize with the full version of the blockchain.

The new release includes such a function as displaying a single balance, which will allow users to see the cumulative number of coins both in the network base and in the payment channels by percentage.