French regulator calls Bitcoin "dangerous illusion"

The chairman of French market regulator called Bitcoin a “dangerous illusion” and a tool for criminals
04 December 2017   1375

Robert Ophele, the chairman of the Autorité des marchés financiers (Financial Markets Regulator), called bitcoin a "dangerous illusion" and a tool for criminals, condemning the cryptocurrency when its value reached $11,000.

It’s a way to purchase illicit goods, it’s a way to launder illicit income, it’s a way to develop and pay for cybercrimes and it’s a pure empty commodity. If it were a currency, it would be a very bad one.

 

Robert Ophele

Chairman of the Autorite des Marches Financiers

According to Ophele, Bitcoin has no link to the real economy. He also assumes that due to the growing speculation that Bitcoin will find a lasting role in the financial system, it becomes more complicated for authorities and banks to treat with cryptocurrency.

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   119

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.