Federal Reserve is to issue digital money

Fed officials voiced their opinions about cryptocurrency and stable money
30 November 2017   904

It was reported during a conference on November 29 that the Federal Reserve is planning to issue its own cryptocurrency. The president and CEO of the New York branch of the organization William Dudley declared that the Fed was excited of digital currency and tried to examine it. He also added that despite apparent interest to this social and economic phenomenon it was too early to say about introducing such ideas.

Dudley admitted that he understood the fact of immaturity of the plan and voiced concerns for safety of digital currency. Digital currency is, in his view, more risky than stable money.

But other officials are not so certain that idea of issuing of Fed’s own cryptocurrency can spring to life. As Patrick Harker, the President of Fed’s Philadelphia branch, said, using both digital and stable money is only matter of trust. He declared that the world used paper money because of belief that the government supports it.

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   150

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.