![](\"http://localhost:2368/content/images/2026/01/Blog_Hardfork_update1.png\")
Particl has a hardfork scheduled, which will reduce its coin emission (inflation) rate to 3.5% of the money supply, as well as eliminate the automatic 50% staking reward donations to the network treasury.
![](\"https://particl.news/icons/icon-512x512.png\"){kind=icon}
cryptoguard![](\"https://particl.news/glink/2025/11/Medium_Core.jpg\")
To make sure the hardfork goes smoothly and that you don't end up on the deprecated chain, you must update your Particl nodes to hardfork-compatible versions. Compatible core versions include:
Depending on what wallet or application that you use, the update process will vary. Let's take a look at each of those scenarios.
git remote set-url origin https://github.com/cryptoguard/partyman,git pull,./partyman update. It will fetch and download the most recent Particl Core, then install it.particlcore folder. Make sure you download the binary type made for your device. For Raspberry Pis, it is particl-23.2.9.0-aarch64-linux-gnu.tar.gz.![](\"https://docs.basicswapdex.com/img/favicon.ico\")
![](\"https://basicswapdex.com/img/docusaurus-social-card.jpg\")
If you've installed BasicSwap via Ofrnxmr/Nahuhh's bash script (basicswap-bash), the bsx-update command will handle the update for you.If you know other Particl holders, make sure to spread the word about the upcoming hardfork and the need to upgrade nodes.
We're on a mission to create a private, independent, and pro-liberty digital economy that is fair and open to all. Learn more about what we do at any of the following links.
\n\nBe a part of the movement and join us in the fight for our freedoms by meeting the community and spreading the word far and wide!
Discord Telegram Element / Matrix
\nLearn more about Particl with these in-depth resources.
\nWebsite \nBasicSwap DEX\nAcademy\nWiki
\nFollow the link below to get a list of all other useful Particl-related links you may find helpful.
![\"\"](\"/glink/2026/01/Blog_Hardfork_update1.png\")
Particl has a hardfork scheduled, which will reduce its coin emission (inflation) rate to 3.5% of the money supply, as well as eliminate the automatic 50% staking reward donations to the network treasury.
cryptoguardTo make sure the hardfork goes smoothly and that you don't end up on the deprecated chain, you must update your Particl nodes to hardfork-compatible versions. Compatible core versions include:
Depending on what wallet or application that you use, the update process will vary. Let's take a look at each of those scenarios.
git remote set-url origin https://github.com/cryptoguard/partyman,git pull,./partyman update. It will fetch and download the most recent Particl Core, then install it.particlcore folder. Make sure you download the binary type made for your device. For Raspberry Pis, it is particl-23.2.9.0-aarch64-linux-gnu.tar.gz.If you've installed BasicSwap via Ofrnxmr/Nahuhh's bash script (basicswap-bash), the bsx-update command will handle the update for you.If you know other Particl holders, make sure to spread the word about the upcoming hardfork and the need to upgrade nodes.
We're on a mission to create a private, independent, and pro-liberty digital economy that is fair and open to all. Learn more about what we do at any of the following links.
\n\nBe a part of the movement and join us in the fight for our freedoms by meeting the community and spreading the word far and wide!
Discord Telegram Element / Matrix
\nLearn more about Particl with these in-depth resources.
\nWebsite \nBasicSwap DEX\nAcademy\nWiki
\nFollow the link below to get a list of all other useful Particl-related links you may find helpful.
![](\"http://localhost:2368/content/images/2025/12/Blog_Burn.jpg\")
Before we dive into the details, here is the summary of our major strategic shift for 2026:
It has been some time since we unveiled our vision for Particl's Next Evolutionary Leap Forward; a modular, inclusive redesign of our architecture. Since then, we have devoted ourselves to laying the groundwork, most notably through the development of BasicSwap DEX.
While our technical milestones have been significant, we acknowledge that adoption has been slower than anticipated. However, we view this not as a failure of technology, but as a signal from the market. In light of this, we have designed a new strategic plan that leverages everything we’ve learned. Our goal is simple: remove barriers to entry and radically increase the viability of holding PART.
The result is a robust blueprint designed to rekindle the growth that defined Particl's early days. So, get yourself a cup of coffee; this is our strategy for one of the project's most significant directional shift since its foundation.
Each innovative step we take with Particl isn’t developed in isolation but driven by a greater purpose. Indeed, each product we launch is driven by a unified mission that resonates deeply with the cypherpunk ethos and the ideals embodied by Prometheus; the Titan who defied the gods to entrust humanity with the fire of sovereignty.
Particl stands as a modern embodiment of this belief: that technology should liberate rather than subdue. Our mission is to create a private, decentralized, and free economy that is accessible to all cryptocurrencies, standing independently from the conventional global fiat system.
While this mission is bold, recent events have only intensified the urgency for a shift towards an economy rooted in personal freedom and censorship resistance. Particl wholeheartedly embraces this ideology, viewing technology as the final bastion of human sovereignty.
“There is no freedom without privacy.” - Dr. Kapil Amarasinghe
From a fundamental level, the project’s technical achievements are undeniable. The PART privacy coin, leveraging a combination of Monero-like RingCT and Confidential Transactions, remains in step with the Bitcoin codebase.
Furthermore, BasicSwap DEX, built using adaptor signature atomic swaps and the SMSG network, was the first DEX to integrate this cutting-edge technology across a wide variety of cryptocurrencies. It has continued to receive development updates and growing support across the broader cryptocurrency community. Equally significant, the Particl Marketplace has set a new benchmark in decentralization and privacy within the eCommerce industry; a feat still unmatched by any other online marketplace.
However, while the technology is sound, we haven't yet achieved the active user base we strive for. The reason is multi-faceted, but it boils down to friction.
The complexity of operating hyper-secure, decentralized technologies (encryption keys, self-hosted nodes, peer-to-peer networking) introduces significant barriers. In today's environment, simplicity and speed are often prioritized over deeper values like data security. We see this trend clearly in the market; products are trending towards less decentralization for the sake of speed. Case in point: HyperLiquid’s terribly concerning architecture (from a decentralization point of view) but highly user-friendly UX.
![](\"https://blog.can.ac/images/favicon-192.png\")
Can Bölük![](\"https://blog.can.ac/2025/12/20/reverse-engineering-hyperliquid/social.png\")
We have realized that forcing users to choose between privacy and convenience is a losing battle. To win, we must bridge the gap between the \"purist\" need for sovereignty and the \"retail\" need for ease of use.
A major hurdle in the cryptocurrency space is the fragmentation caused by siloed ecosystems. Forcing users to buy a specific coin just to use a platform adds unnecessary friction. This is why major EVM platforms like Ethereum or Solana succeed; they make it trivial to swap between tokens.
Our vision for Particl is to break down these barriers and build bridges. We want to allow almost any coin to be used on our platform, fostering collaboration rather than competition. This was the main topic of our presentation at last year’s Moneroptopia conference, which you can watch here.
With this new strategic plan, we commit to unify the entire cryptocurrency industry, enabling a truly agnostic and sovereign digital world.
Currently, the incentives to hold PART are too modest. Today, there are four primary reasons to hold PART:
While valid, these have not been enough to drive sustained growth. We need a more aggressive economic engine that appeals to a broader market. This brings us to the core of our 2026 strategy.
It is self-evident that Particl needs more impactful incentives to build a bigger pool of coin holders. BasicSwap is the key to turning this reality around.
For the past couple of months, we have been refactoring core components to make them web and mobile-ready. This allows BasicSwap to be packaged as a service and integrated directly into browsers or third-party platforms.
This opens the door to a massive opportunity: the convenience fee.
By adding a platform/interface fee at the service level, we can monetize convenience while keeping the base protocol fee-less.
In its final form, a small fee will be collected when using BasicSwap Web Services. That's how we turn volume into value.
How it works: Makers set up offers on BasicSwap (only possible locally, initially) and pay zero fees. Takers using the Web Service pay a small fee in the currency they are trading (e.g., LTC, XMR).
A portion of this fee is used to execute a market buy for PART, which is immediately sent to a publicly verifiable burn address.
This generates constant buy pressure on PART while simultaneously reducing its available supply. It creates a clear, mathematical link between the success of the DEX and the scarcity of the PART coin. As the user base grows, the buy pressure increases and the supply decreases.
The other portion of the fee acts as a donation to the team to scale marketing, partnerships, and development speed, as well as other related operations.
The game-changer here is that the team will be collecting revenue in cryptocurrencies other than PART. This means we can fund operations without creating sell pressure on the PART order books.
In the past, funding often required selling PART — often via OTC deal but sometimes directly on the market — in this new model, the team is supported by the assets traded on the DEX (BTC, XMR, etc.), leaving PART untouched.
This combination creates a sustainable loop:
We expect BasicSwap Web Services to be deployed within the first half of 2026.
The work being done here is synergistic; the refactoring required for the web will also improve the performance of the local desktop application later in 2026. Additionally, this architecture will serve as the foundation for the new upcoming version of the Particl Marketplace, which we also intend to bring to the web with similar incentives. We will expand on the Marketplace plans in subsequent updates.
We expect 2026 to be a turning point for the Particl ecosystem. By removing technical barriers and introducing a direct value-capture mechanism, we are positioning the project for a new era of growth.
We thank you for your support and patience as we execute this strategic shift. None of this would be possible without your commitment to the vision. We are excited to build this future with you.
We're on a mission to create a private, independent, and pro-liberty digital economy that is fair and open to all. Learn more about what we do at any of the following links.
\n\nBe a part of the movement and join us in the fight for our freedoms by meeting the community and spreading the word far and wide!
Discord Telegram Element / Matrix
\nLearn more about Particl with these in-depth resources.
\nWebsite \nBasicSwap DEX\nAcademy\n
Follow the link below to get a list of all other useful Particl-related links you may find helpful.
![\"\"](\"/glink/2025/12/Blog_Burn.jpg\")
Before we dive into the details, here is the summary of our major strategic shift for 2026:
It has been some time since we unveiled our vision for Particl's Next Evolutionary Leap Forward; a modular, inclusive redesign of our architecture. Since then, we have devoted ourselves to laying the groundwork, most notably through the development of BasicSwap DEX.
While our technical milestones have been significant, we acknowledge that adoption has been slower than anticipated. However, we view this not as a failure of technology, but as a signal from the market. In light of this, we have designed a new strategic plan that leverages everything we’ve learned. Our goal is simple: remove barriers to entry and radically increase the viability of holding PART.
The result is a robust blueprint designed to rekindle the growth that defined Particl's early days. So, get yourself a cup of coffee; this is our strategy for one of the project's most significant directional shift since its foundation.
Each innovative step we take with Particl isn’t developed in isolation but driven by a greater purpose. Indeed, each product we launch is driven by a unified mission that resonates deeply with the cypherpunk ethos and the ideals embodied by Prometheus; the Titan who defied the gods to entrust humanity with the fire of sovereignty.
Particl stands as a modern embodiment of this belief: that technology should liberate rather than subdue. Our mission is to create a private, decentralized, and free economy that is accessible to all cryptocurrencies, standing independently from the conventional global fiat system.
While this mission is bold, recent events have only intensified the urgency for a shift towards an economy rooted in personal freedom and censorship resistance. Particl wholeheartedly embraces this ideology, viewing technology as the final bastion of human sovereignty.
“There is no freedom without privacy.” - Dr. Kapil Amarasinghe
From a fundamental level, the project’s technical achievements are undeniable. The PART privacy coin, leveraging a combination of Monero-like RingCT and Confidential Transactions, remains in step with the Bitcoin codebase.
Furthermore, BasicSwap DEX, built using adaptor signature atomic swaps and the SMSG network, was the first DEX to integrate this cutting-edge technology across a wide variety of cryptocurrencies. It has continued to receive development updates and growing support across the broader cryptocurrency community. Equally significant, the Particl Marketplace has set a new benchmark in decentralization and privacy within the eCommerce industry; a feat still unmatched by any other online marketplace.
However, while the technology is sound, we haven't yet achieved the active user base we strive for. The reason is multi-faceted, but it boils down to friction.
The complexity of operating hyper-secure, decentralized technologies (encryption keys, self-hosted nodes, peer-to-peer networking) introduces significant barriers. In today's environment, simplicity and speed are often prioritized over deeper values like data security. We see this trend clearly in the market; products are trending towards less decentralization for the sake of speed. Case in point: HyperLiquid’s terribly concerning architecture (from a decentralization point of view) but highly user-friendly UX.
Can BölükWe have realized that forcing users to choose between privacy and convenience is a losing battle. To win, we must bridge the gap between the \"purist\" need for sovereignty and the \"retail\" need for ease of use.
A major hurdle in the cryptocurrency space is the fragmentation caused by siloed ecosystems. Forcing users to buy a specific coin just to use a platform adds unnecessary friction. This is why major EVM platforms like Ethereum or Solana succeed; they make it trivial to swap between tokens.
Our vision for Particl is to break down these barriers and build bridges. We want to allow almost any coin to be used on our platform, fostering collaboration rather than competition. This was the main topic of our presentation at last year’s Moneroptopia conference, which you can watch here.
With this new strategic plan, we commit to unify the entire cryptocurrency industry, enabling a truly agnostic and sovereign digital world.
Currently, the incentives to hold PART are too modest. Today, there are four primary reasons to hold PART:
While valid, these have not been enough to drive sustained growth. We need a more aggressive economic engine that appeals to a broader market. This brings us to the core of our 2026 strategy.
It is self-evident that Particl needs more impactful incentives to build a bigger pool of coin holders. BasicSwap is the key to turning this reality around.
For the past couple of months, we have been refactoring core components to make them web and mobile-ready. This allows BasicSwap to be packaged as a service and integrated directly into browsers or third-party platforms.
This opens the door to a massive opportunity: the convenience fee.
By adding a platform/interface fee at the service level, we can monetize convenience while keeping the base protocol fee-less.
In its final form, a small fee will be collected when using BasicSwap Web Services. That's how we turn volume into value.
How it works: Makers set up offers on BasicSwap (only possible locally, initially) and pay zero fees. Takers using the Web Service pay a small fee in the currency they are trading (e.g., LTC, XMR).
A portion of this fee is used to execute a market buy for PART, which is immediately sent to a publicly verifiable burn address.
This generates constant buy pressure on PART while simultaneously reducing its available supply. It creates a clear, mathematical link between the success of the DEX and the scarcity of the PART coin. As the user base grows, the buy pressure increases and the supply decreases.
The other portion of the fee acts as a donation to the team to scale marketing, partnerships, and development speed, as well as other related operations.
The game-changer here is that the team will be collecting revenue in cryptocurrencies other than PART. This means we can fund operations without creating sell pressure on the PART order books.
In the past, funding often required selling PART — often via OTC deal but sometimes directly on the market — in this new model, the team is supported by the assets traded on the DEX (BTC, XMR, etc.), leaving PART untouched.
This combination creates a sustainable loop:
We expect BasicSwap Web Services to be deployed within the first half of 2026.
The work being done here is synergistic; the refactoring required for the web will also improve the performance of the local desktop application later in 2026. Additionally, this architecture will serve as the foundation for the new upcoming version of the Particl Marketplace, which we also intend to bring to the web with similar incentives. We will expand on the Marketplace plans in subsequent updates.
We expect 2026 to be a turning point for the Particl ecosystem. By removing technical barriers and introducing a direct value-capture mechanism, we are positioning the project for a new era of growth.
We thank you for your support and patience as we execute this strategic shift. None of this would be possible without your commitment to the vision. We are excited to build this future with you.
We're on a mission to create a private, independent, and pro-liberty digital economy that is fair and open to all. Learn more about what we do at any of the following links.
\n\nBe a part of the movement and join us in the fight for our freedoms by meeting the community and spreading the word far and wide!
Discord Telegram Element / Matrix
\nLearn more about Particl with these in-depth resources.
\nWebsite \nBasicSwap DEX\nAcademy\n
Follow the link below to get a list of all other useful Particl-related links you may find helpful.
![](\"http://localhost:2368/content/images/2025/11/Blog_Core.jpg\")
Following the unanimous on-chain vote approving the proposal to reduce the network's coin emission rate and remove the automatic allocation of staking rewards to the network treasury, new hardfork-ready Particl Core binaries are now available.
![](\"https://github.githubassets.com/favicons/favicon.svg\")
particlThese releases contain the following changes:
On October 20th, 2025, it was announced that the on-chain vote for the Network Treasury and Inflation Adjustments proposal (ID #25) had concluded successfully. The proposal was approved by Particl stakers with a 100% approval rate and a 63.20% quorum.
This proposal, which sought to remove automatic staking donations to the network treasury and reduce the network's coin emission to a healthier 3.5% annual rate (decreasing by 0.5% per year until stabilizing at 1%), takes effect on February 1st, 2026, at 12:00:00 UTC.
As such, it is mandatory to download and run the new hardfork-ready core releases to ensure you are staking on a compatible version when the hardfork occurs.
Compatible core versions include:
In our previous blog post, we briefly highlighted our upcoming plans for Particl, BasicSwap, and our strategy moving forward.
cryptoguard![](\"https://particl.news/glink/2025/05/HARD_Medium_BSX.jpg\")
While details were brief as we are currently busy wrapping up BasicSwap's Beta phase, we plan on communicating more information regarding these plans very soon. Stay tuned!
We're on a mission to create a private, independent, and pro-liberty digital economy that is fair and open to all. Learn more about what we do at any of the following links.
\n\nBe a part of the movement and join us in the fight for our freedoms by meeting the community and spreading the word far and wide!
Discord Telegram Element / Matrix
\nLearn more about Particl with these in-depth resources.
\nWebsite \nBasicSwap DEX\nAcademy\nWiki
\nFollow the link below to get a list of all other useful Particl-related links you may find helpful.
![\"\"](\"/glink/2025/11/Blog_Core.jpg\")
Following the unanimous on-chain vote approving the proposal to reduce the network's coin emission rate and remove the automatic allocation of staking rewards to the network treasury, new hardfork-ready Particl Core binaries are now available.
particlThese releases contain the following changes:
On October 20th, 2025, it was announced that the on-chain vote for the Network Treasury and Inflation Adjustments proposal (ID #25) had concluded successfully. The proposal was approved by Particl stakers with a 100% approval rate and a 63.20% quorum.
This proposal, which sought to remove automatic staking donations to the network treasury and reduce the network's coin emission to a healthier 3.5% annual rate (decreasing by 0.5% per year until stabilizing at 1%), takes effect on February 1st, 2026, at 12:00:00 UTC.
As such, it is mandatory to download and run the new hardfork-ready core releases to ensure you are staking on a compatible version when the hardfork occurs.
Compatible core versions include:
In our previous blog post, we briefly highlighted our upcoming plans for Particl, BasicSwap, and our strategy moving forward.
cryptoguardWhile details were brief as we are currently busy wrapping up BasicSwap's Beta phase, we plan on communicating more information regarding these plans very soon. Stay tuned!
We're on a mission to create a private, independent, and pro-liberty digital economy that is fair and open to all. Learn more about what we do at any of the following links.
\n\nBe a part of the movement and join us in the fight for our freedoms by meeting the community and spreading the word far and wide!
Discord Telegram Element / Matrix
\nLearn more about Particl with these in-depth resources.
\nWebsite \nBasicSwap DEX\nAcademy\nWiki
\nFollow the link below to get a list of all other useful Particl-related links you may find helpful.
![](\"http://localhost:2368/content/images/2025/05/HARD_Blog_BSX.jpg\")
It is with great excitement that we announce the unanimous approval of the Network Treasury and Inflation Adjustments proposal (ID #25). The proposal received a resounding 100% approval rate (75% required) with a strong quorum of 63.2% (20% required)!
![](\"https://ccs.particl.io/img/favicons/apple-touch-icon.png?v=2\"){kind=icon}
Dr. Kapil Amarasinghe![](\"https://ccs.particl.io/img/particl-ccs-logo.svg\"){kind=logo}
This is nothing short of a mandate from the community, and we are moving forward immediately. The team will prepare a mandatory Particl Core update that will trigger a hardfork to:
Keep an eye on Particl News and other Particl communications mediums for the release of this new Particl Core version.
This change marks a significant step forward for the Particl network's long-term health. In practice, it means that the network's inflation rate will reduce from 6% to 3.5% while the guaranteed annual staking interest for stakers will increase from 3% to 3.5% for the next year. After that, the coin emission rate will reduce by 0.5% every year until it stabilizes, after 5 years, at a sustainable 1% annually.
This establishes a more balanced and robust economic model, making the network prime for the exciting developments ahead.
While our current development focus is entirely on BasicSwap DEX, our foundational goal remains unchanged: to build a private and sovereign digital economy with decentralized eCommerce at its core.
As such, our work on BasicSwap is a strategic and vital step toward that vision. We learned from the initial launch of the Particl Marketplace that requiring the use of PART was a significant barrier to adoption. To build a truly global platform, we must build bridges, not walls, and the marketplace needs to accommodate a multitude of coins.
This is BasicSwap's primary role within the Particl ecosystem; it is the bridge.
Some might see our focus on BasicSwap and think development on the marketplace has paused. In reality, the opposite is true: the work we're doing on BasicSwap is the direct foundation for the next generation of the Particl Marketplace.
Indeed, we plan on building a completely new and re-imagined marketplace codebase that will be more modern, user-friendly, and accessible. Having learned from the challenges of the first version and from what made other cryptocurrency platforms successful from an adoption point of view, we're designing this new iteration with mass adoption in mind.
A lot of the components we build for BasicSwap are modular pieces intended for the new marketplace. For example, our collaboration with the Litecoin Foundation is leading us to build a web and mobile-friendly architecture for BasicSwap that relies on light wallets and doesn't require you to run any software locally. This system, sometimes known to as the \"web gateway\" within the Particl community, is the foundation that will allow us to deploy the Particl Marketplace on mobile and web, removing the need for users to run a full node or install the marketplace locally.
This is just one example of how our current efforts are designed to directly benefit the Particl ecosystem, creating a more seamless, powerful, yet intuitive marketplace experience where users can even check out with coins like Monero.
You might be asking: \"If PART isn't required to use the marketplace, what is its purpose?\"
Without going into too much details at this point, we are moving to an \"added value\" model. Using the marketplace will be free and open to all, with no requirement to use PART at all. This is necessary for any kind of broader levels of adoption.
However, the usage Particl within the marketplace will unlock premium features and advanced capabilities, some of which are only possible due to Particl's inherent technology. Think of it like powerful software that's free to use but offers advanced tools for a fee.
These features could include:
Revenue can then be used to benefit the entire network via a combination of redirecting fees to stakers, using them for funding operations, or permanently burning them for deflationary purposes (which combines well with the new lower inflation rate triggered by the approval of proposal ID #25), depending on the source.
This strategy allows the platform to attract the widest possible crypto audience, giving them a desperately needed way to exchange crypto for tangible goods without middlemen, and simulataneously eliminating the friction of forcing a native token while still creating powerful but non-intrusive incentives to use PART for those who want the best experience.
We are keeping the specific roadmap for the new marketplace under wraps while we focus on moving BasicSwap out of Beta. This isn't to be vague, but to ensure we deliver a polished, high-quality foundation before revealing the exciting details that come after this current development phase.
For now, we invite you to try BasicSwap, provide feedback, and help us spread the word. Its success is instrumental to reviving development and interest in the new and improved Particl Marketplace.
We want to extend a heartfelt thank you to our active staking community and the broader Particl community for participating in this vote with such a convincing result. We are energized by your approval and look forward to more community proposals in the future.
Your commitment to the vision and your continued support drive us forward. Nothing would be possible without you.
- The Particl Team
We're on a mission to create a private, independent, and pro-liberty digital economy that is fair and open to all. Learn more about what we do at any of the following links.
\n\nBe a part of the movement and join us in the fight for our freedoms by meeting the community and spreading the word far and wide!
Discord Telegram Element / Matrix
\nLearn more about Particl with these in-depth resources.
\nWebsite \nBasicSwap DEX\nAcademy
\nFollow the link below to get a list of all other useful Particl-related links you may find helpful.
![\"\"](\"/glink/2025/05/HARD_Blog_BSX.jpg\")
It is with great excitement that we announce the unanimous approval of the Network Treasury and Inflation Adjustments proposal (ID #25). The proposal received a resounding 100% approval rate (75% required) with a strong quorum of 63.2% (20% required)!
Dr. Kapil AmarasingheThis is nothing short of a mandate from the community, and we are moving forward immediately. The team will prepare a mandatory Particl Core update that will trigger a hardfork to:
Keep an eye on Particl News and other Particl communications mediums for the release of this new Particl Core version.
This change marks a significant step forward for the Particl network's long-term health. In practice, it means that the network's inflation rate will reduce from 6% to 3.5% while the guaranteed annual staking interest for stakers will increase from 3% to 3.5% for the next year. After that, the coin emission rate will reduce by 0.5% every year until it stabilizes, after 5 years, at a sustainable 1% annually.
This establishes a more balanced and robust economic model, making the network prime for the exciting developments ahead.
While our current development focus is entirely on BasicSwap DEX, our foundational goal remains unchanged: to build a private and sovereign digital economy with decentralized eCommerce at its core.
As such, our work on BasicSwap is a strategic and vital step toward that vision. We learned from the initial launch of the Particl Marketplace that requiring the use of PART was a significant barrier to adoption. To build a truly global platform, we must build bridges, not walls, and the marketplace needs to accommodate a multitude of coins.
This is BasicSwap's primary role within the Particl ecosystem; it is the bridge.
Some might see our focus on BasicSwap and think development on the marketplace has paused. In reality, the opposite is true: the work we're doing on BasicSwap is the direct foundation for the next generation of the Particl Marketplace.
Indeed, we plan on building a completely new and re-imagined marketplace codebase that will be more modern, user-friendly, and accessible. Having learned from the challenges of the first version and from what made other cryptocurrency platforms successful from an adoption point of view, we're designing this new iteration with mass adoption in mind.
A lot of the components we build for BasicSwap are modular pieces intended for the new marketplace. For example, our collaboration with the Litecoin Foundation is leading us to build a web and mobile-friendly architecture for BasicSwap that relies on light wallets and doesn't require you to run any software locally. This system, sometimes known to as the \"web gateway\" within the Particl community, is the foundation that will allow us to deploy the Particl Marketplace on mobile and web, removing the need for users to run a full node or install the marketplace locally.
This is just one example of how our current efforts are designed to directly benefit the Particl ecosystem, creating a more seamless, powerful, yet intuitive marketplace experience where users can even check out with coins like Monero.
You might be asking: \"If PART isn't required to use the marketplace, what is its purpose?\"
Without going into too much details at this point, we are moving to an \"added value\" model. Using the marketplace will be free and open to all, with no requirement to use PART at all. This is necessary for any kind of broader levels of adoption.
However, the usage Particl within the marketplace will unlock premium features and advanced capabilities, some of which are only possible due to Particl's inherent technology. Think of it like powerful software that's free to use but offers advanced tools for a fee.
These features could include:
Revenue can then be used to benefit the entire network via a combination of redirecting fees to stakers, using them for funding operations, or permanently burning them for deflationary purposes (which combines well with the new lower inflation rate triggered by the approval of proposal ID #25), depending on the source.
This strategy allows the platform to attract the widest possible crypto audience, giving them a desperately needed way to exchange crypto for tangible goods without middlemen, and simulataneously eliminating the friction of forcing a native token while still creating powerful but non-intrusive incentives to use PART for those who want the best experience.
We are keeping the specific roadmap for the new marketplace under wraps while we focus on moving BasicSwap out of Beta. This isn't to be vague, but to ensure we deliver a polished, high-quality foundation before revealing the exciting details that come after this current development phase.
For now, we invite you to try BasicSwap, provide feedback, and help us spread the word. Its success is instrumental to reviving development and interest in the new and improved Particl Marketplace.
We want to extend a heartfelt thank you to our active staking community and the broader Particl community for participating in this vote with such a convincing result. We are energized by your approval and look forward to more community proposals in the future.
Your commitment to the vision and your continued support drive us forward. Nothing would be possible without you.
- The Particl Team
We're on a mission to create a private, independent, and pro-liberty digital economy that is fair and open to all. Learn more about what we do at any of the following links.
\n\nBe a part of the movement and join us in the fight for our freedoms by meeting the community and spreading the word far and wide!
Discord Telegram Element / Matrix
\nLearn more about Particl with these in-depth resources.
\nWebsite \nBasicSwap DEX\nAcademy
\nFollow the link below to get a list of all other useful Particl-related links you may find helpful.
![](\"http://localhost:2368/content/images/2025/08/HARD_Blog_BSX.jpg\")
The voting period for the Network Treasury and Inflation Adjustments proposal (ID 25) is now scheduled to start around the end of the month of September, most notably from block 2,010,550 to 2,020,630.
Dr. Kapil AmarasingheAs a reminder, this proposal (ID 25), authored by community member and Particl advisor Dr. Kap, proposes a hard fork for the Particl Blockchain with the expressed aims of:
If this proposal (ID 25) passes, the annual reward rate for stakers will effectively remain unchanged at 3.5% for the current year.
Indeed, although the network's total issuance will be halved from 7% to 3.5%, the hardfork also eliminates the 50% allocation of rewards that currently goes to the network treasury. This change redirects the full 3.5% issuance to stakers, keeping their reward rate stable.
![](\"https://academy.particl.io/en/latest/_static/particl-academy-thumbnail.jpg\")
Because this proposal (ID 25) suggests a modification to the consensus of the blockchain, the voting parameters of a Protocol Consensus Changing Proposal applies, which means the vote requires a quorum of 20% of all the blocks during the voting period and an approval of 75% or more, and will last approximately two weeks (10,080 blocks) instead of just one for proposals that do not suggest changes to the consensus.
You can find more information here.
Now’s the time to prepare your node to vote on this important proposal (proposal ID 25).
To do so, follow the steps included in this Particl Academy guide, selecting ID #25 when setting up your voting decision: https://academy.particl.io/en/latest/part-guides/partguides_voting.html
For reference, when setting up your vote, either choose 0 to abstain from voting, 1 to approve the proposal, or 2 to reject it.
⚠️ Note: Because the previous repository in which Partyman was hosted is not maintained by its creator anymore, it is mandatory that you change the git remote URL to Cryptoguard's repository by typing this command in your Partyman folder: \"git remote set-url origin https://github.com/cryptoguard/partyman\"
We're on a mission to create a private, independent, and pro-liberty digital economy that is fair and open to all. Learn more about what we do at any of the following links.
\n\nBe a part of the movement and join us in the fight for our freedoms by meeting the community and spreading the word far and wide!
Discord Telegram Element / Matrix
\nLearn more about Particl with these in-depth resources.
\nWebsite \nBasicSwap DEX\nAcademy\nWiki
\nFollow the link below to get a list of all other useful Particl-related links you may find helpful.
![\"\"](\"/glink/2025/08/HARD_Blog_BSX.jpg\")
The voting period for the Network Treasury and Inflation Adjustments proposal (ID 25) is now scheduled to start around the end of the month of September, most notably from block 2,010,550 to 2,020,630.
Dr. Kapil AmarasingheAs a reminder, this proposal (ID 25), authored by community member and Particl advisor Dr. Kap, proposes a hard fork for the Particl Blockchain with the expressed aims of:
If this proposal (ID 25) passes, the annual reward rate for stakers will effectively remain unchanged at 3.5% for the current year.
Indeed, although the network's total issuance will be halved from 7% to 3.5%, the hardfork also eliminates the 50% allocation of rewards that currently goes to the network treasury. This change redirects the full 3.5% issuance to stakers, keeping their reward rate stable.
Because this proposal (ID 25) suggests a modification to the consensus of the blockchain, the voting parameters of a Protocol Consensus Changing Proposal applies, which means the vote requires a quorum of 20% of all the blocks during the voting period and an approval of 75% or more, and will last approximately two weeks (10,080 blocks) instead of just one for proposals that do not suggest changes to the consensus.
You can find more information here.
Now’s the time to prepare your node to vote on this important proposal (proposal ID 25).
To do so, follow the steps included in this Particl Academy guide, selecting ID #25 when setting up your voting decision: https://academy.particl.io/en/latest/part-guides/partguides_voting.html
For reference, when setting up your vote, either choose 0 to abstain from voting, 1 to approve the proposal, or 2 to reject it.
⚠️ Note: Because the previous repository in which Partyman was hosted is not maintained by its creator anymore, it is mandatory that you change the git remote URL to Cryptoguard's repository by typing this command in your Partyman folder: \"git remote set-url origin https://github.com/cryptoguard/partyman\"
We're on a mission to create a private, independent, and pro-liberty digital economy that is fair and open to all. Learn more about what we do at any of the following links.
\n\nBe a part of the movement and join us in the fight for our freedoms by meeting the community and spreading the word far and wide!
Discord Telegram Element / Matrix
\nLearn more about Particl with these in-depth resources.
\nWebsite \nBasicSwap DEX\nAcademy\nWiki
\nFollow the link below to get a list of all other useful Particl-related links you may find helpful.
![](\"https://particl.news/glink/2025/05/image-2.png\")
As the week ends, let's take a moment to look back at what we've achieved in the past few days and see what we've got to look forward to in the week to come.
![](\"https://blog.basicswapdex.com/images/blog/dev_update_thumbnail.jpg\")
Today marks the final weekly development update to be published on Particl News. Moving forward, we'll be publishing BasicSwap-related development updates on BasicSwap's blog (blog.basicswapdex.com) following a development cycle schedule.
This transition means fewer but more comprehensive updates. Rather than publishing weekly updates, we'll create detailed progress reports that are updated dynamically throughout each development cycle.
Our goal is to make essential information more accessible, eliminating the need to search through multiple weekly blog posts to find details about specific features we mentioned weeks earlier.
Please note that BasicSwap's blog operates on our custom-built, open-source platform, with posts written in MDX format. This provides exceptional flexibility and control over how the information is presented, with much more engaging and relevant content.
We strongly recommend bookmarking our new blog platform and visiting the June 2025 update immediately for a comprehensive, detailed progress report on BasicSwap DEX.
cryptoguard![](\"https://particl.news/static/cd8ca8b99f07853b562a68c81c18b811/HARD_Medium_BSX.jpg\")
A CCS proposal, authored by community member and Particl advisor Dr. Kap, was published this week and proposes a hard fork for the Particl Blockchain with the expressed aims of...
The proposal is still in its discussion phase, and an official announcement regarding the start of the voting period will be communicated shortly. If you have any comments or feedback, we invite you to share them directly on the proposal or within the community.
The 2025 Litecoin Summit in Las Vegas was a tremendous success. We were honored to be invited to speak at the event, and BasicSwap advisor Dr. Kap did an excellent job explaining our focus on making atomic swap technology as accessible as possible, with the ultimate goal of matching or even surpassing the user experience of centralized exchanges.
Part of our strategy involves making BasicSwap stable and reliable enough as a protocol for integration into user-friendly third-party platforms, such as Litecoin's new Nexus wallet or Cake Wallet.
While we're still working on solidifying the base protocol and delivering on the milestones set in Monero's CCS proposal, we're excited to start planning the next phase. We're thrilled to have met great partners and community members at the Litecoin Summit who are willing to integrate BasicSwap and/or provide much-needed liquidity to the order book.
Be sure to check out Dr. Kap's presentation, available on YouTube:
Additionally, Dr. Kap participated in the \"Panel on Privacy\" with industry leaders including David Burkett (MWEB Developer at Litecoin Foundation), Justin Berman (Developer at Monero), and Joël Valenzuela (Business Development and Marketing at Dash).
We're on a mission to create a private, independent, and pro-liberty digital economy that is fair and open to all. Learn more about what we do at any of the following links.
\n\nBe a part of the movement and join us in the fight for our freedoms by meeting the community and spreading the word far and wide!
Discord Telegram Element / Matrix
\nLearn more about Particl with these in-depth resources.
\nWebsite \nBasicSwap DEX\nAcademy\nWiki
\nFollow the link below to get a list of all other useful Particl-related links you may find helpful.
As the week ends, let's take a moment to look back at what we've achieved in the past few days and see what we've got to look forward to in the week to come.
Today marks the final weekly development update to be published on Particl News. Moving forward, we'll be publishing BasicSwap-related development updates on BasicSwap's blog (blog.basicswapdex.com) following a development cycle schedule.
This transition means fewer but more comprehensive updates. Rather than publishing weekly updates, we'll create detailed progress reports that are updated dynamically throughout each development cycle.
Our goal is to make essential information more accessible, eliminating the need to search through multiple weekly blog posts to find details about specific features we mentioned weeks earlier.
Please note that BasicSwap's blog operates on our custom-built, open-source platform, with posts written in MDX format. This provides exceptional flexibility and control over how the information is presented, with much more engaging and relevant content.
We strongly recommend bookmarking our new blog platform and visiting the June 2025 update immediately for a comprehensive, detailed progress report on BasicSwap DEX.
cryptoguardA CCS proposal, authored by community member and Particl advisor Dr. Kap, was published this week and proposes a hard fork for the Particl Blockchain with the expressed aims of...
The proposal is still in its discussion phase, and an official announcement regarding the start of the voting period will be communicated shortly. If you have any comments or feedback, we invite you to share them directly on the proposal or within the community.
The 2025 Litecoin Summit in Las Vegas was a tremendous success. We were honored to be invited to speak at the event, and BasicSwap advisor Dr. Kap did an excellent job explaining our focus on making atomic swap technology as accessible as possible, with the ultimate goal of matching or even surpassing the user experience of centralized exchanges.
Part of our strategy involves making BasicSwap stable and reliable enough as a protocol for integration into user-friendly third-party platforms, such as Litecoin's new Nexus wallet or Cake Wallet.
While we're still working on solidifying the base protocol and delivering on the milestones set in Monero's CCS proposal, we're excited to start planning the next phase. We're thrilled to have met great partners and community members at the Litecoin Summit who are willing to integrate BasicSwap and/or provide much-needed liquidity to the order book.
Be sure to check out Dr. Kap's presentation, available on YouTube:
Additionally, Dr. Kap participated in the \"Panel on Privacy\" with industry leaders including David Burkett (MWEB Developer at Litecoin Foundation), Justin Berman (Developer at Monero), and Joël Valenzuela (Business Development and Marketing at Dash).
We're on a mission to create a private, independent, and pro-liberty digital economy that is fair and open to all. Learn more about what we do at any of the following links.
\n\nBe a part of the movement and join us in the fight for our freedoms by meeting the community and spreading the word far and wide!
Discord Telegram Element / Matrix
\nLearn more about Particl with these in-depth resources.
\nWebsite \nBasicSwap DEX\nAcademy\nWiki
\nFollow the link below to get a list of all other useful Particl-related links you may find helpful.
particlThis proposal, authored by community member and Particl advisor Dr. Kap, proposes a hard fork for the Particl Blockchain with the expressed aims of:
The Particl project launched the Particl blockchain ($PART) in 2017 following a 1:1 coinswap for a precursor project (Shadowcash. $SDC) plus community donations of Bitcoin.
The community raised at the time what was an equivalent of $1 million in Bitcoin which due to subsequent appreciation in BTC price became a $2-3 million runway to fund development of a decentralised P2P, privacy focused marketplace platform that would utilise the PART token as its base currency.
The Particl project was successful and delivered the initial functional beta of this marketplace in 2019.
However the ongoing development of the product required continued funding and the initial runway was being depleted.
At this point the Particl blockchain was a proof of stake blockchain and there was no intrinsic method of funding for the project. The hope and aim was to successfully spur sufficient adoption of the Particl Marketplace to provide the Particl token with sufficient organic, speculative and non-speculative liquidity and value thus that donations and staking rewards from the PART heldby developers and the community would be sufficient to fund further development and marketing of the project.
It is fair to say that the project was not successful in that regard. There are various reasons for this but I would say the primary ones were the lack of accessibility for the native PART token resulting in a persistent state of poor liquidity and the intrinsic limited accessibility of the Particl Marketplace at the time, being a desktop only application.
Unfortunately further attempts to secure external funding for the project did not yield any offers that we felt would be satisfactory or in suitable alignment with the core values of the project or community.
However the intrinsic value of the project remained understood by our community and there remained a strong desire to see the project succeed.
Following internal and subsequent community discussion it was decided to propose introduction of a decentralised treasury model that would be funded by a percentage of the block reward on the Particl Blockchain.
The proposal voted on and passed by the community agreed to raise per annum supply inflation from 2% to 8% (which would eventually fall to 6 and for 50% of this to be automatically diverted to the treasury. The community would be responsible for how these funds raised were spent and this would be settled by on-chain voting by those who were actively staking on the Particl blockchain.
The action by the community to support this proposal enabled ongoing development of the Particl Project. This resulted in the creation of BasicSwapDex, innovations in the atomic swap and DEX technology, specifically:
It also allowed us to further research and develop the worlds first implementation of AI LLM flagging of listings on a decentralised marketplace (Particl Marketplace) to aid community moderation of content listed on it.
However there were more general problems. The Particl Project token $PART which was the primary currency of the Particl network suffered through ongoing decline in liquidity with falling daily trading volumes, falling spot prices and increased slippage.
This effectively led to a functional decline in the utility of the decentralised treasury as Particl developers needed to periodically liquidate their earned $PART in order to cover costs of living (unfortunately tax authorities do not accept direct payment in $PART) which in turn contributed to sell pressure and among many other causes created a death spiral in liquidity from 2019 to the present.
The minimum value of $PART needed to remain equivalent at $0.80 to sustain essential development but for much of 2019 to the present it has traded at $0.50 or significantly below this.
At the same time my own views and insights on privacy and economies were evolving. I increasingly came to see the death spiral in the liquidity of $PART as a problem structurally inherent to most proof of stake systems that do not have sufficient distribution and base liquidity; there is a tendency towards gradual centralisation of supply to fewer and fewer individuals.
Specifically this is because as price falls, sentiment decreases, the pool of those willing to buy decreases, people then sell to a shrinking pool of buyers who stake the supply to accumulate further. These stakers are less inclined to put their holdings up for sale since they believe in the future value of the project which ironically kills liquidity further and reinforces the supply centralisation tendency and liquidity doom loop.
Furthermore, this doom loop accelerates when the limited pool of buyers decides they have accumulated enough and simply choose to continue staking. This leads to a death in buy pressure on the token which leads to a continued and accelerating fall in price (as those earning $PART from the decentralized treasury are forced to sell larger amounts into the market to generate equivalent fiat revenue to cover their core living expenses).
Such structural tendencies are also unappealing to a demographic of cryptocurrency enthusiasts who recognise these tendencies. In particular in my experience the majority of cryptocurrency users who are privacy conscious are strongly opposed to any systems of economics or governance that may conceivably lead to centralisation of power and control.
In more recent years, I have fallen much more strongly into this camp. This does not mean that I am inherently opposed to all proof of stake systems. Indeed my support for the Particl Project at its core lies in my realisation that the network if properly utilised as a marketplace for the KYC free, privacy first exchange of goods and services (via the Particl Marketplace) and as the digital privacy forex of choice for privacy focused cryptocurrencies (via BasicSwapDex) then the Particl network can easily generate liquidity through non-speculative network transactions fees in a manner not dependent on supply inflation to provide an adequate security budget i.e. it could potentially function someday as a proof of stake network with 0% supply inflation with extremely high liquidity and intrinsic value.
Indeed I think this type of network would turn $PART into a hard currency i.e. one which I define as a currency with 0% supply inflation or structurally deflationary. This hard currency characteristic operating on a network with legitimate and attractive non-speculative usage options (the guarantee of privacy and protection from third party snooping of financial history) increasing liquidity attracting liquidity from other value storage/transfer networks (fiat and cryptocurrency) to generate transaction fees and frequency of sufficient value to justify staking with a reward that is not subsidized by currency inflation via the printing of new coin supply (a soft money characteristic).
a) I propose we scrap the decentralised treasury model (subsidized/funded by 50% of block reward issuance) in its entirety.
The treasury did sustain development of the Particl Project from 2019 to 2022 at which point the market liquidity and value of the $PART token had fallen to and remained at a point where the revenue generated was no longer sufficient to meet the basic needs of the Particl development team. This led to a situation where developers were requesting community donations in other cryptocurrencies and I felt there were periods of noticeable delay in product development.
Indeed, during this period until 2023 the team was operating on goodwill continuing to develop the project out of a shared understanding with the community of the privacy first, cypherpunk ideology they were helping to bring to the world and the incalculable intrinsic value of that.
For the reasons I have already outlined in the background and timeline, I feel that whilst it initially worked and served its intended purpose (supporting development of the project), the treasury model employed eventually served only to accelerate the decline in liquidity of the Particl blockchain as a whole.
Furthermore, explaining to people discovering the project that 50% of the block reward is centralised to a single fund (even if spending from the fund is determined by community vote) can leave the project open to accusations of structural centralisation.
Whilst I think more severe forms of this accusation can be disputed, I do think there is some fundamental validity to this idea (trust assumptions are built into such a funding method) and I believe it would steer the project further towards true decentralisation by scrapping this type of funding method entirely.
To those who ask where our funding should come from? I would argue that we should replace the current treasury model with a purely voluntary multi-currency, multisig donation pool governed by the existing CCS proposal and voting system. We have clear evidence that communities other than our own are willing to contribute to and donate funds in the currency of their choice to support ongoing development of work by the Particl Project as demonstrated by the recent successful Monero CCS proposal.
I believe that this can be replicated and that the Particl Project can and should be funded via a multi-currency voluntary donation model as this preserves decentralisation, focuses the onus of consent on users, actively supports the cryptoagnostic ideology of the project, provides choice and helps safeguard against liquidity shocks for any single given currency whilst removing any claim that the Particl Blockchain is in anyway a corporate run blockchain rather than a community one.
b) I am proposing that the per annum inflation rate of the Particl Blockchain immediately fall from the current level of 7% to 3.5% and remain at this level until June 2026 at which point it will fall by 0.5% every year until June 2031 where it would be expected to reach 1.0% at which level it will remain until further discussion and vote to change otherwise.
If we look at traditional central banking orthodoxy, they follow the principle of targeting inflation rate of 2% annually. Whilst this is in reference to the estimated average percentage rise in the cost of goods and services, in practice it acts as a compounding devaluator of any person who simply stores the respective issued currencies of any central bank in a medium that generates annual yield below this targeted inflation rate (e.g. cash under the mattress or savings accounts paying below the annual inflation rate).
Unfortunately such a system serves to typically hit those who most actively contribute to an economy i.e. the working and professional middle classes; this pool of participants in an economy are more likely to be reliant and/or have a larger proportion of their asset wealth locked up as cash in savings.
At the same time the wealthiest in society often have the most available currency on hand and are more able to invest in stocks, bonds, property markets and other forms of asset accumulation beyond cash as savings that generate passive yield at rates above annual inflation. Because the wealthiest are more likely to hold more assets of value they have an easier time raising further capital via provision of these assets as collateral and are thus able to outcompete working and middle class individuals on a 1:1 level simply because they are performing at scales inaccessible to the majority of active participants in an economy; this guarantees centralisation of liquidity (growing wealth inequality) over time.
As the period from 2008 to 2022 demonstrated, for many working and professional middle classes the interest rate on their savings and the percentage annual pay rises consistently fell below their national annual rate of inflation leading to the equivalent of year on year real terms pay cuts and real terms devaluation of spending power of savings reducing their overall financialsecurity which in turn adversely impacted their social mobility, health, mental state and thus (I argue) their creativity and productivity via the equivalent of a liquidity restriction on active participants in an economy in all of the infrastructure they are involved in building and maintaining.
In contrast, despite the total size of the economy growing, a greater proportion of all wealth generated globally is flowing into an ever decreasing number of hands. Liquidity is not being distributed, it is effectively being locked and restricted which has created growing social instability and societal decay via real terms shrinking expenditure on services and core infrastructure.
In addition to this the printing of money is controlled by central banks. Poor management of issuance by them can lead to sudden, sharp currency devaluations.
With no fixed hard cap on total currency supply, all current central bank issued fiat currencies represent to me what I term, “soft money” i.e. money which due to continued issuance in perpetuity is guaranteed to lose its intrinsic value per unit over time and thus gradually penalise and destabilise the most active participants and contributors in its economy.
Bitcoin was created in 2009 as a direct response to the 2007/8 financial crisis and its original creators clearly saw the structural problems with our inflationary, fiat banking soft money system and understood the consequences that were to come. They created Bitcoin intended as “hard money” i.e. a currency with a fixed hard cap in supply.
Whilst Bitcoin is undoubtedly expected to become hard money around 2140 (when all 21 million Bitcoin in the current protocol will have been mined) this assumes that there will be no protocol changes to Bitcoin that break this limit e.g. tail emission or change in total fixed supply.
Furthermore at the present time, Bitcoin continues to be reliant on the issuance of new Bitcoin via mining in order to guarantee its security budget. Thus at this present time it is dependent on supply inflation and so it presently behaves as soft money (even though it is expected to become hard money in the future).
Almost all known Proof of stake systems are reliant on issuance of new coins to incentivize staking with the minting of new coins used to pay for their security budgets.
Thus all cryptocurrencies in current existence that have any form of ongoing supply issuance and inflation by my definition represent soft money and are inherently vulnerable to the problems I have outlined with other forms of soft money.
If we were to scrap our decentralized treasury model today, the PA inflation rate of the Particl Blockchain would remain at 7% per annum in perpetuity. This is 3.5 times the targeted inflation rate of central banks. This would make $PART a soft currency in perpetuity with an inflation equivalent annual devaluation in intrinsic value worse than the currencies of most central banks.
We should not be a central bank, we certainly should not be performing 3.5x worse than them.
Particl should not remain a soft currency in perpetuity. We should be actively targeting transformation into hard money.
At present, Particl is a proof of stake blockchain with the security budget generated by:
Staking $PART tokens on the Particl blockchain locks them out of active circulation on the Particl network. In return stakers are rewarded with new tokens generated by a combination of network transaction fees plus new tokens minted into circulation as a result of programmed network token supply increases - rewards and network security is thus currently subsidized by
new token issuance (supply inflation).
In many ways the current proof of stake implementation resembles the mechanism of asset hoarding and yield accumulation for speculative investment purposes that we see with fiat currencies issued by central banks. Stakers buy the token for yield with the expectation that the value of the underlying tokens staked will either remain stable or appreciate over time as liquidity in the network grows.
Staking coins are however not actively changing hands, thus they are not actively exchanging economic value thus they are not generating liquidity. Staking may serve to restrict circulating supply and inflate the intrinsic value of circulating coins as the value transacted on the network increases however paradoxically the reward for doing this is distributed to coin balances that are essentially static i.e. not participating in or driving the network activity that brings intrinsic value
to the network.
So if Particl as proof of stake currency mechanisms is currently predisposed towards soft money characteristics and outcomes, how do we successfully transform a Particl as a Proof of Stake currency into hard money?
Simple: we focus on increasing network transaction fee revenue by increasing the frequency and amount of value transacted on the Particl network whilst actively reducing new token issuance.
Fortunately, this is already possible Particl ecosystem already has two key applications that could achieve this with some suggested mechanisms:
In any event passing this proposal would put the onus on both the development team and Particl community to actively accelerate adoption of the Particl network otherwise their staking rewards will diminish over time. They are effectively racing against declining issuance rewards over time as the annual supply inflation reward decreases.
I note that this proposal suggests gradually bringing the per annum inflation rate to 1.0%. This means that unless token burn mechanisms are in place that result in an annual burn rate greater than 1.0% then Particl will remain a soft currency.
It is my hope that we will use this time (approximately next 6 years) to focus on increasing network activity, network adoption and scalability to create an L1 system whose network fees sufficient to justify enough network staking to adequately and appropriately secure the network. Even if we are not successful in that regard, leaving the inflation rate at 1.0% per annum provides us with additional time to focus on these areas whilst remaining harder money
than traditional central bank issued currencies and indeed most other cryptocurrencies currently traded today.
Regardless it is my hope that if this proposal is passed, that if our community is active and focuses appropriately then by 2031 we will be in a position to further propose reducing our per annum inflation rate from 1.0% in perpetuity to 0% in perpetuity which would allow us to become a proof of stake cryptocurrency funded entirely by network transaction fees and have a native currency that satisfies my definition of “hard money”.
If approved, this change will:
We believe this proposal represents a positive step toward optimizing the Particl network's economic model while ensuring sustainable project development and incentivising our community to actively promote and grow the network.Important: For the proposal to show up on Partyman, make sure you are running its latest version. To do so, run git pull from inside your partyman folder, and then type the ./partyman update command from that same partyman folder.
We appreciate your continued support and participation in the Particl Project's governance. For any questions or concerns, please reach out to our community channels.
Best regards,
Dr Kapil Amarasinghe (Advisory)
particlThis proposal, authored by community member and Particl advisor Dr. Kap, proposes a hard fork for the Particl Blockchain with the expressed aims of:
The Particl project launched the Particl blockchain ($PART) in 2017 following a 1:1 coinswap for a precursor project (Shadowcash. $SDC) plus community donations of Bitcoin.
The community raised at the time what was an equivalent of $1 million in Bitcoin which due to subsequent appreciation in BTC price became a $2-3 million runway to fund development of a decentralised P2P, privacy focused marketplace platform that would utilise the PART token as its base currency.
The Particl project was successful and delivered the initial functional beta of this marketplace in 2019.
However the ongoing development of the product required continued funding and the initial runway was being depleted.
At this point the Particl blockchain was a proof of stake blockchain and there was no intrinsic method of funding for the project. The hope and aim was to successfully spur sufficient adoption of the Particl Marketplace to provide the Particl token with sufficient organic, speculative and non-speculative liquidity and value thus that donations and staking rewards from the PART heldby developers and the community would be sufficient to fund further development and marketing of the project.
It is fair to say that the project was not successful in that regard. There are various reasons for this but I would say the primary ones were the lack of accessibility for the native PART token resulting in a persistent state of poor liquidity and the intrinsic limited accessibility of the Particl Marketplace at the time, being a desktop only application.
Unfortunately further attempts to secure external funding for the project did not yield any offers that we felt would be satisfactory or in suitable alignment with the core values of the project or community.
However the intrinsic value of the project remained understood by our community and there remained a strong desire to see the project succeed.
Following internal and subsequent community discussion it was decided to propose introduction of a decentralised treasury model that would be funded by a percentage of the block reward on the Particl Blockchain.
The proposal voted on and passed by the community agreed to raise per annum supply inflation from 2% to 8% (which would eventually fall to 6 and for 50% of this to be automatically diverted to the treasury. The community would be responsible for how these funds raised were spent and this would be settled by on-chain voting by those who were actively staking on the Particl blockchain.
The action by the community to support this proposal enabled ongoing development of the Particl Project. This resulted in the creation of BasicSwapDex, innovations in the atomic swap and DEX technology, specifically:
It also allowed us to further research and develop the worlds first implementation of AI LLM flagging of listings on a decentralised marketplace (Particl Marketplace) to aid community moderation of content listed on it.
However there were more general problems. The Particl Project token $PART which was the primary currency of the Particl network suffered through ongoing decline in liquidity with falling daily trading volumes, falling spot prices and increased slippage.
This effectively led to a functional decline in the utility of the decentralised treasury as Particl developers needed to periodically liquidate their earned $PART in order to cover costs of living (unfortunately tax authorities do not accept direct payment in $PART) which in turn contributed to sell pressure and among many other causes created a death spiral in liquidity from 2019 to the present.
The minimum value of $PART needed to remain equivalent at $0.80 to sustain essential development but for much of 2019 to the present it has traded at $0.50 or significantly below this.
At the same time my own views and insights on privacy and economies were evolving. I increasingly came to see the death spiral in the liquidity of $PART as a problem structurally inherent to most proof of stake systems that do not have sufficient distribution and base liquidity; there is a tendency towards gradual centralisation of supply to fewer and fewer individuals.
Specifically this is because as price falls, sentiment decreases, the pool of those willing to buy decreases, people then sell to a shrinking pool of buyers who stake the supply to accumulate further. These stakers are less inclined to put their holdings up for sale since they believe in the future value of the project which ironically kills liquidity further and reinforces the supply centralisation tendency and liquidity doom loop.
Furthermore, this doom loop accelerates when the limited pool of buyers decides they have accumulated enough and simply choose to continue staking. This leads to a death in buy pressure on the token which leads to a continued and accelerating fall in price (as those earning $PART from the decentralized treasury are forced to sell larger amounts into the market to generate equivalent fiat revenue to cover their core living expenses).
Such structural tendencies are also unappealing to a demographic of cryptocurrency enthusiasts who recognise these tendencies. In particular in my experience the majority of cryptocurrency users who are privacy conscious are strongly opposed to any systems of economics or governance that may conceivably lead to centralisation of power and control.
In more recent years, I have fallen much more strongly into this camp. This does not mean that I am inherently opposed to all proof of stake systems. Indeed my support for the Particl Project at its core lies in my realisation that the network if properly utilised as a marketplace for the KYC free, privacy first exchange of goods and services (via the Particl Marketplace) and as the digital privacy forex of choice for privacy focused cryptocurrencies (via BasicSwapDex) then the Particl network can easily generate liquidity through non-speculative network transactions fees in a manner not dependent on supply inflation to provide an adequate security budget i.e. it could potentially function someday as a proof of stake network with 0% supply inflation with extremely high liquidity and intrinsic value.
Indeed I think this type of network would turn $PART into a hard currency i.e. one which I define as a currency with 0% supply inflation or structurally deflationary. This hard currency characteristic operating on a network with legitimate and attractive non-speculative usage options (the guarantee of privacy and protection from third party snooping of financial history) increasing liquidity attracting liquidity from other value storage/transfer networks (fiat and cryptocurrency) to generate transaction fees and frequency of sufficient value to justify staking with a reward that is not subsidized by currency inflation via the printing of new coin supply (a soft money characteristic).
a) I propose we scrap the decentralised treasury model (subsidized/funded by 50% of block reward issuance) in its entirety.
The treasury did sustain development of the Particl Project from 2019 to 2022 at which point the market liquidity and value of the $PART token had fallen to and remained at a point where the revenue generated was no longer sufficient to meet the basic needs of the Particl development team. This led to a situation where developers were requesting community donations in other cryptocurrencies and I felt there were periods of noticeable delay in product development.
Indeed, during this period until 2023 the team was operating on goodwill continuing to develop the project out of a shared understanding with the community of the privacy first, cypherpunk ideology they were helping to bring to the world and the incalculable intrinsic value of that.
For the reasons I have already outlined in the background and timeline, I feel that whilst it initially worked and served its intended purpose (supporting development of the project), the treasury model employed eventually served only to accelerate the decline in liquidity of the Particl blockchain as a whole.
Furthermore, explaining to people discovering the project that 50% of the block reward is centralised to a single fund (even if spending from the fund is determined by community vote) can leave the project open to accusations of structural centralisation.
Whilst I think more severe forms of this accusation can be disputed, I do think there is some fundamental validity to this idea (trust assumptions are built into such a funding method) and I believe it would steer the project further towards true decentralisation by scrapping this type of funding method entirely.
To those who ask where our funding should come from? I would argue that we should replace the current treasury model with a purely voluntary multi-currency, multisig donation pool governed by the existing CCS proposal and voting system. We have clear evidence that communities other than our own are willing to contribute to and donate funds in the currency of their choice to support ongoing development of work by the Particl Project as demonstrated by the recent successful Monero CCS proposal.
I believe that this can be replicated and that the Particl Project can and should be funded via a multi-currency voluntary donation model as this preserves decentralisation, focuses the onus of consent on users, actively supports the cryptoagnostic ideology of the project, provides choice and helps safeguard against liquidity shocks for any single given currency whilst removing any claim that the Particl Blockchain is in anyway a corporate run blockchain rather than a community one.
b) I am proposing that the per annum inflation rate of the Particl Blockchain immediately fall from the current level of 7% to 3.5% and remain at this level until June 2026 at which point it will fall by 0.5% every year until June 2031 where it would be expected to reach 1.0% at which level it will remain until further discussion and vote to change otherwise.
If we look at traditional central banking orthodoxy, they follow the principle of targeting inflation rate of 2% annually. Whilst this is in reference to the estimated average percentage rise in the cost of goods and services, in practice it acts as a compounding devaluator of any person who simply stores the respective issued currencies of any central bank in a medium that generates annual yield below this targeted inflation rate (e.g. cash under the mattress or savings accounts paying below the annual inflation rate).
Unfortunately such a system serves to typically hit those who most actively contribute to an economy i.e. the working and professional middle classes; this pool of participants in an economy are more likely to be reliant and/or have a larger proportion of their asset wealth locked up as cash in savings.
At the same time the wealthiest in society often have the most available currency on hand and are more able to invest in stocks, bonds, property markets and other forms of asset accumulation beyond cash as savings that generate passive yield at rates above annual inflation. Because the wealthiest are more likely to hold more assets of value they have an easier time raising further capital via provision of these assets as collateral and are thus able to outcompete working and middle class individuals on a 1:1 level simply because they are performing at scales inaccessible to the majority of active participants in an economy; this guarantees centralisation of liquidity (growing wealth inequality) over time.
As the period from 2008 to 2022 demonstrated, for many working and professional middle classes the interest rate on their savings and the percentage annual pay rises consistently fell below their national annual rate of inflation leading to the equivalent of year on year real terms pay cuts and real terms devaluation of spending power of savings reducing their overall financialsecurity which in turn adversely impacted their social mobility, health, mental state and thus (I argue) their creativity and productivity via the equivalent of a liquidity restriction on active participants in an economy in all of the infrastructure they are involved in building and maintaining.
In contrast, despite the total size of the economy growing, a greater proportion of all wealth generated globally is flowing into an ever decreasing number of hands. Liquidity is not being distributed, it is effectively being locked and restricted which has created growing social instability and societal decay via real terms shrinking expenditure on services and core infrastructure.
In addition to this the printing of money is controlled by central banks. Poor management of issuance by them can lead to sudden, sharp currency devaluations.
With no fixed hard cap on total currency supply, all current central bank issued fiat currencies represent to me what I term, “soft money” i.e. money which due to continued issuance in perpetuity is guaranteed to lose its intrinsic value per unit over time and thus gradually penalise and destabilise the most active participants and contributors in its economy.
Bitcoin was created in 2009 as a direct response to the 2007/8 financial crisis and its original creators clearly saw the structural problems with our inflationary, fiat banking soft money system and understood the consequences that were to come. They created Bitcoin intended as “hard money” i.e. a currency with a fixed hard cap in supply.
Whilst Bitcoin is undoubtedly expected to become hard money around 2140 (when all 21 million Bitcoin in the current protocol will have been mined) this assumes that there will be no protocol changes to Bitcoin that break this limit e.g. tail emission or change in total fixed supply.
Furthermore at the present time, Bitcoin continues to be reliant on the issuance of new Bitcoin via mining in order to guarantee its security budget. Thus at this present time it is dependent on supply inflation and so it presently behaves as soft money (even though it is expected to become hard money in the future).
Almost all known Proof of stake systems are reliant on issuance of new coins to incentivize staking with the minting of new coins used to pay for their security budgets.
Thus all cryptocurrencies in current existence that have any form of ongoing supply issuance and inflation by my definition represent soft money and are inherently vulnerable to the problems I have outlined with other forms of soft money.
If we were to scrap our decentralized treasury model today, the PA inflation rate of the Particl Blockchain would remain at 7% per annum in perpetuity. This is 3.5 times the targeted inflation rate of central banks. This would make $PART a soft currency in perpetuity with an inflation equivalent annual devaluation in intrinsic value worse than the currencies of most central banks.
We should not be a central bank, we certainly should not be performing 3.5x worse than them.
Particl should not remain a soft currency in perpetuity. We should be actively targeting transformation into hard money.
At present, Particl is a proof of stake blockchain with the security budget generated by:
Staking $PART tokens on the Particl blockchain locks them out of active circulation on the Particl network. In return stakers are rewarded with new tokens generated by a combination of network transaction fees plus new tokens minted into circulation as a result of programmed network token supply increases - rewards and network security is thus currently subsidized by
new token issuance (supply inflation).
In many ways the current proof of stake implementation resembles the mechanism of asset hoarding and yield accumulation for speculative investment purposes that we see with fiat currencies issued by central banks. Stakers buy the token for yield with the expectation that the value of the underlying tokens staked will either remain stable or appreciate over time as liquidity in the network grows.
Staking coins are however not actively changing hands, thus they are not actively exchanging economic value thus they are not generating liquidity. Staking may serve to restrict circulating supply and inflate the intrinsic value of circulating coins as the value transacted on the network increases however paradoxically the reward for doing this is distributed to coin balances that are essentially static i.e. not participating in or driving the network activity that brings intrinsic value
to the network.
So if Particl as proof of stake currency mechanisms is currently predisposed towards soft money characteristics and outcomes, how do we successfully transform a Particl as a Proof of Stake currency into hard money?
Simple: we focus on increasing network transaction fee revenue by increasing the frequency and amount of value transacted on the Particl network whilst actively reducing new token issuance.
Fortunately, this is already possible Particl ecosystem already has two key applications that could achieve this with some suggested mechanisms:
In any event passing this proposal would put the onus on both the development team and Particl community to actively accelerate adoption of the Particl network otherwise their staking rewards will diminish over time. They are effectively racing against declining issuance rewards over time as the annual supply inflation reward decreases.
I note that this proposal suggests gradually bringing the per annum inflation rate to 1.0%. This means that unless token burn mechanisms are in place that result in an annual burn rate greater than 1.0% then Particl will remain a soft currency.
It is my hope that we will use this time (approximately next 6 years) to focus on increasing network activity, network adoption and scalability to create an L1 system whose network fees sufficient to justify enough network staking to adequately and appropriately secure the network. Even if we are not successful in that regard, leaving the inflation rate at 1.0% per annum provides us with additional time to focus on these areas whilst remaining harder money
than traditional central bank issued currencies and indeed most other cryptocurrencies currently traded today.
Regardless it is my hope that if this proposal is passed, that if our community is active and focuses appropriately then by 2031 we will be in a position to further propose reducing our per annum inflation rate from 1.0% in perpetuity to 0% in perpetuity which would allow us to become a proof of stake cryptocurrency funded entirely by network transaction fees and have a native currency that satisfies my definition of “hard money”.
If approved, this change will:
We believe this proposal represents a positive step toward optimizing the Particl network's economic model while ensuring sustainable project development and incentivising our community to actively promote and grow the network.Important: For the proposal to show up on Partyman, make sure you are running its latest version. To do so, run git pull from inside your partyman folder, and then type the ./partyman update command from that same partyman folder.
We appreciate your continued support and participation in the Particl Project's governance. For any questions or concerns, please reach out to our community channels.
Best regards,
Dr Kapil Amarasinghe (Advisory)
As the week ends, let's take a moment to look back at what we've achieved in the past few days and see what we've got to look forward to in the week to come.
basicswapFollowing last week's release of the MVP for multi-net capabilities using Simplex as the first alternative network, we've identified several Simplex-specific issues that we're currently working to resolve.
Due to Simplex's complex and intricate network architecture, these issues are proving challenging to address, requiring additional development time. However, we're systematically working through each problem as it arises and making steady progress toward a more stable release of this MVP.
basicswapSomewhere around the middle of last week, we've temporarily paused new feature development for the market making tool to focus on identifying and resolving any bugs or issues before pushing it to the dev branch, allowing more testers to get their hands on it.
As such, this week has been primarily dedicated to addressing minor issues and making incremental improvements to the current implementation, and we expect to merge this feature into the dev branch within the coming days.
The following improvements and fixes were completed this week:
You can see the full changelog here.
![](\"http://localhost:2368/content/images/2025/05/image-3.png\")
Probit has announced that, on July 07, 2025 at 06:00 UTC, they will be delisting PART along with other cryptocurrencies. As such, please withdraw any PART before that date, as Probit claims they will not allow withdrawals after that date and any coins still left on the exchange will be lost.
To uphold the quality of our platform and prioritize user protection, ProBit Global will delist the following tokens:
- Rizon (ATOLO)
- Enecuum (ENQ)
- Idena (IDNA)
- Nano (NANO)
- Particl (PART)
- Pando Token (PTX)
- Velas (VLX)
- Starcro (XSC)
- TDCCP (TDCCP)
Withdrawal Deadline: July 7, 2025, 06:00 UTC.
Withdrawal services for ATOLO, ENQ, IDNA, NANO, PART, PTX, VLX, XSC, and TDCCP will remain available until July 7, 2025 at 06:00 UTC.⚠️
Note: After this deadline, withdrawals will no longer be supported, and any remaining token balances will be permanently lost.
As always, we thank you immensely for your passion and dedication to Particl and what it's working towards achieving. None of it would be possible without you all!
We wish you a great weekend we'll see you all back on Monday! ?
We're on a mission to create a private, independent, and pro-liberty digital economy that is fair and open to all. Learn more about what we do at any of the following links.
\n\nBe a part of the movement and join us in the fight for our freedoms by meeting the community and spreading the word far and wide!
Discord Telegram Element / Matrix
\nLearn more about Particl with these in-depth resources.
\nWebsite \nBasicSwap DEX\nAcademy\nWiki
\nFollow the link below to get a list of all other useful Particl-related links you may find helpful.
As the week ends, let's take a moment to look back at what we've achieved in the past few days and see what we've got to look forward to in the week to come.
basicswapFollowing last week's release of the MVP for multi-net capabilities using Simplex as the first alternative network, we've identified several Simplex-specific issues that we're currently working to resolve.
Due to Simplex's complex and intricate network architecture, these issues are proving challenging to address, requiring additional development time. However, we're systematically working through each problem as it arises and making steady progress toward a more stable release of this MVP.
basicswapSomewhere around the middle of last week, we've temporarily paused new feature development for the market making tool to focus on identifying and resolving any bugs or issues before pushing it to the dev branch, allowing more testers to get their hands on it.
As such, this week has been primarily dedicated to addressing minor issues and making incremental improvements to the current implementation, and we expect to merge this feature into the dev branch within the coming days.
The following improvements and fixes were completed this week:
You can see the full changelog here.
![\"\"](\"/glink/2025/05/image-3.png\")
Probit has announced that, on July 07, 2025 at 06:00 UTC, they will be delisting PART along with other cryptocurrencies. As such, please withdraw any PART before that date, as Probit claims they will not allow withdrawals after that date and any coins still left on the exchange will be lost.
To uphold the quality of our platform and prioritize user protection, ProBit Global will delist the following tokens:
- Rizon (ATOLO)
- Enecuum (ENQ)
- Idena (IDNA)
- Nano (NANO)
- Particl (PART)
- Pando Token (PTX)
- Velas (VLX)
- Starcro (XSC)
- TDCCP (TDCCP)
Withdrawal Deadline: July 7, 2025, 06:00 UTC.
Withdrawal services for ATOLO, ENQ, IDNA, NANO, PART, PTX, VLX, XSC, and TDCCP will remain available until July 7, 2025 at 06:00 UTC.⚠️
Note: After this deadline, withdrawals will no longer be supported, and any remaining token balances will be permanently lost.
As always, we thank you immensely for your passion and dedication to Particl and what it's working towards achieving. None of it would be possible without you all!
We wish you a great weekend we'll see you all back on Monday! ?
We're on a mission to create a private, independent, and pro-liberty digital economy that is fair and open to all. Learn more about what we do at any of the following links.
\n\nBe a part of the movement and join us in the fight for our freedoms by meeting the community and spreading the word far and wide!
Discord Telegram Element / Matrix
\nLearn more about Particl with these in-depth resources.
\nWebsite \nBasicSwap DEX\nAcademy\nWiki
\nFollow the link below to get a list of all other useful Particl-related links you may find helpful.
As the week ends, let's take a moment to look back at what we've achieved in the past few days and see what we've got to look forward to in the week to come.
basicswapWe're happy to announce that the MVP for the new multi-net feature, which currently supports SimpleX, has now been published in a pull request earlier this week. We're still testing it before pushing to the dev branch, and will document how to test/use it in the coming few days.
Note that this new feature is at the MVP stage, meaning it does not possess all the bells and whistles we have planned for its official V1 version. Namely, it is currently not included in the GUI, it must be manually configured outside the user interface by editing a config file, and it doesn't yet allow swaps to happen when two participants are on a different network.
The latter will require modifications to the SMSG protocol via a hardfork, which we are likely to bundle with a potential coming hardfork to tweak the network emission rate and disable treasury (more news about this treasury community CCS proposal to be published next week), should its ccs proposal be voted in favor.
So stay tuned if you want to test the new multi-net function in the coming days!
basicswapWe've also implemented various improvements to the automated market making functionality that we recently integrated into the user interface (alpha version):
bid_xmr template confirm modeladjust_rates_based_on_marketAt this time, we're still improving the integration and adding new, useful features for liquidity providers to gain better control of their trading operations.
These include the following:
Our upcoming improvements include:
These three features will create a user experience that more closely resembles traditional exchanges, which will integrate seamlessly with our upcoming \"Quick Swaps\" page and advanced order book display.
As always, we thank you immensely for your passion and dedication to Particl and what it's working towards achieving. None of it would be possible without you all!
We wish you a great weekend we'll see you all back on Monday! ?
We're on a mission to create a private, independent, and pro-liberty digital economy that is fair and open to all. Learn more about what we do at any of the following links.
\n\nBe a part of the movement and join us in the fight for our freedoms by meeting the community and spreading the word far and wide!
Discord Telegram Element / Matrix
\nLearn more about Particl with these in-depth resources.
\nWebsite \nBasicSwap DEX\nAcademy\nWiki
\nFollow the link below to get a list of all other useful Particl-related links you may find helpful.
As the week ends, let's take a moment to look back at what we've achieved in the past few days and see what we've got to look forward to in the week to come.
basicswapWe're happy to announce that the MVP for the new multi-net feature, which currently supports SimpleX, has now been published in a pull request earlier this week. We're still testing it before pushing to the dev branch, and will document how to test/use it in the coming few days.
Note that this new feature is at the MVP stage, meaning it does not possess all the bells and whistles we have planned for its official V1 version. Namely, it is currently not included in the GUI, it must be manually configured outside the user interface by editing a config file, and it doesn't yet allow swaps to happen when two participants are on a different network.
The latter will require modifications to the SMSG protocol via a hardfork, which we are likely to bundle with a potential coming hardfork to tweak the network emission rate and disable treasury (more news about this treasury community CCS proposal to be published next week), should its ccs proposal be voted in favor.
So stay tuned if you want to test the new multi-net function in the coming days!
basicswapWe've also implemented various improvements to the automated market making functionality that we recently integrated into the user interface (alpha version):
bid_xmr template confirm modeladjust_rates_based_on_marketAt this time, we're still improving the integration and adding new, useful features for liquidity providers to gain better control of their trading operations.
These include the following:
Our upcoming improvements include:
These three features will create a user experience that more closely resembles traditional exchanges, which will integrate seamlessly with our upcoming \"Quick Swaps\" page and advanced order book display.
As always, we thank you immensely for your passion and dedication to Particl and what it's working towards achieving. None of it would be possible without you all!
We wish you a great weekend we'll see you all back on Monday! ?
We're on a mission to create a private, independent, and pro-liberty digital economy that is fair and open to all. Learn more about what we do at any of the following links.
\n\nBe a part of the movement and join us in the fight for our freedoms by meeting the community and spreading the word far and wide!
Discord Telegram Element / Matrix
\nLearn more about Particl with these in-depth resources.
\nWebsite \nBasicSwap DEX\nAcademy\nWiki
\nFollow the link below to get a list of all other useful Particl-related links you may find helpful.
![](\"http://localhost:2368/content/images/2025/05/image-2.png\")
As the week ends, let's take a moment to look back at what we've achieved in the past few days and see what we've got to look forward to in the week to come.
The integration of Simplex as the first alternative to SMSG using the platform's new multi-net capability is now mostly complete. We're currently focused on testing the integration and implementing quality-of-life improvements and code clean-up.
We're targeting a full release of this new capability for late May or early June 2025.
Following this release, our backend development will shift toward implementing several minor improvements and fixes, after which we'll begin work on SPV wallets and offline signing functionality.
Earlier this week, we submitted a pull request for the alpha version of the automated market making tool integration into BasicSwap. While it hasn't been merged into the dev branch yet, eager users can test it by pulling the PR into their local BasicSwap instance.
![](\"https://particl.news/glink/2025/05/amm_one.png\")
![](\"https://particl.news/glink/2025/05/amm_two.png\")
Following preliminary testing and feedback from contributors, we've already implemented numerous improvements to the pull request since its initial publication. The changelog includes:
adjust_rates_based_on_market, which adjust rates based on existing market offers,basicswap.json and only shown under debug_ui,debug is enabled,debug_ui is enabled,debug_ui is enabled: Min Seconds Between Bids, Max Seconds Between Bids, Prune State Delay (seconds), and Prune State After (seconds),coin_from and coin_to values from the table,auto_accept_offers for bids,auto_accept_bids from the GUI (already the default behavior),adjust_rates_based_on_market setting,adjust_rates_based_on_market checkbox to the offer form (both add and edit)amount_variable field is always set to true by default and not exposed in the UI,swap_type, min_swap_amount, and amount_step fields are properly handled,swap_type with drop-down (Adaptor Sig, Secret Hash) based on what coins you select,The AMM tool is nearly ready to be merged into the dev branch for broader community testing, so watch for an announcement blog post on this development soon!
Dr. Kap will be representing Particl and BasicSwap DEX at this year's edition of the Litecoin Summit on the 29th and 30th of May, 2025.
On the 29th, he'll give a presentation on BasicSwap DEX which will delve into our current short-to-medium term objective of making atomic swaps more accessible and intuitive for everyone to use and how we intend to leverage BasicSwap's current and upcoming pioneering technology to further the level of decentralization in crypto and eCommerce by reducing reliance on central parties.
On the next day, he will participate on a panel focused on privacy with other great speakers and figures from the scene, including SethForPrivacy (Cake Wallet), Justin Berman (Monero dev), Joël Valenzuela (Dash), and Paul Puey (Edge).
As always, we thank you immensely for your passion and dedication to Particl and what it's working towards achieving. None of it would be possible without you all!
We wish you a great weekend we'll see you all back on Monday! ?
We're on a mission to create a private, independent, and pro-liberty digital economy that is fair and open to all. Learn more about what we do at any of the following links.
\n\nBe a part of the movement and join us in the fight for our freedoms by meeting the community and spreading the word far and wide!
Discord Telegram Element / Matrix
\nLearn more about Particl with these in-depth resources.
\nWebsite \nBasicSwap DEX\nAcademy\nWiki
\nFollow the link below to get a list of all other useful Particl-related links you may find helpful.
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![\"\"](\"/glink/2025/05/image-2.png\")
As the week ends, let's take a moment to look back at what we've achieved in the past few days and see what we've got to look forward to in the week to come.
The integration of Simplex as the first alternative to SMSG using the platform's new multi-net capability is now mostly complete. We're currently focused on testing the integration and implementing quality-of-life improvements and code clean-up.
We're targeting a full release of this new capability for late May or early June 2025.
Following this release, our backend development will shift toward implementing several minor improvements and fixes, after which we'll begin work on SPV wallets and offline signing functionality.
Earlier this week, we submitted a pull request for the alpha version of the automated market making tool integration into BasicSwap. While it hasn't been merged into the dev branch yet, eager users can test it by pulling the PR into their local BasicSwap instance.
Following preliminary testing and feedback from contributors, we've already implemented numerous improvements to the pull request since its initial publication. The changelog includes:
adjust_rates_based_on_market, which adjust rates based on existing market offers,basicswap.json and only shown under debug_ui,debug is enabled,debug_ui is enabled,debug_ui is enabled: Min Seconds Between Bids, Max Seconds Between Bids, Prune State Delay (seconds), and Prune State After (seconds),coin_from and coin_to values from the table,auto_accept_offers for bids,auto_accept_bids from the GUI (already the default behavior),adjust_rates_based_on_market setting,adjust_rates_based_on_market checkbox to the offer form (both add and edit)amount_variable field is always set to true by default and not exposed in the UI,swap_type, min_swap_amount, and amount_step fields are properly handled,swap_type with drop-down (Adaptor Sig, Secret Hash) based on what coins you select,The AMM tool is nearly ready to be merged into the dev branch for broader community testing, so watch for an announcement blog post on this development soon!
Dr. Kap will be representing Particl and BasicSwap DEX at this year's edition of the Litecoin Summit on the 29th and 30th of May, 2025.
On the 29th, he'll give a presentation on BasicSwap DEX which will delve into our current short-to-medium term objective of making atomic swaps more accessible and intuitive for everyone to use and how we intend to leverage BasicSwap's current and upcoming pioneering technology to further the level of decentralization in crypto and eCommerce by reducing reliance on central parties.
On the next day, he will participate on a panel focused on privacy with other great speakers and figures from the scene, including SethForPrivacy (Cake Wallet), Justin Berman (Monero dev), Joël Valenzuela (Dash), and Paul Puey (Edge).
As always, we thank you immensely for your passion and dedication to Particl and what it's working towards achieving. None of it would be possible without you all!
We wish you a great weekend we'll see you all back on Monday! ?
We're on a mission to create a private, independent, and pro-liberty digital economy that is fair and open to all. Learn more about what we do at any of the following links.
\n\nBe a part of the movement and join us in the fight for our freedoms by meeting the community and spreading the word far and wide!
Discord Telegram Element / Matrix
\nLearn more about Particl with these in-depth resources.
\nWebsite \nBasicSwap DEX\nAcademy\nWiki
\nFollow the link below to get a list of all other useful Particl-related links you may find helpful.
","htmlAst":{"type":"root","children":[{"type":"element","tagName":"figure","properties":{"className":["kg-card","kg-image-card","kg-width-wide"]},"children":[{"type":"element","tagName":"img","properties":{"src":"/glink/2025/05/image-2.png","className":["kg-image"],"alt":"","srcSet":["/glink/size/w600/2025/05/image-2.png 600w","/glink/size/w1000/2025/05/image-2.png 1000w","/glink/2025/05/image-2.png 1180w"]},"children":[]}]},{"type":"element","tagName":"p","properties":{},"children":[{"type":"text","value":"As the week ends, let's take a moment to look back at what we've achieved in the past few days and see what we've got to look forward to in the week to come."}]},{"type":"element","tagName":"h2","properties":{"id":"basicswap-"},"children":[{"type":"text","value":"BasicSwap ?"}]},{"type":"element","tagName":"h3","properties":{"id":"multi-net-support-"},"children":[{"type":"text","value":"Multi-Net Support ?"}]},{"type":"element","tagName":"p","properties":{},"children":[{"type":"text","value":"The integration of Simplex as the first alternative to SMSG using the platform's new multi-net capability is now mostly complete. We're currently focused on testing the integration and implementing quality-of-life improvements and code clean-up."}]},{"type":"element","tagName":"p","properties":{},"children":[{"type":"text","value":"We're targeting a full release of this new capability for late May or early June 2025."}]},{"type":"element","tagName":"p","properties":{},"children":[{"type":"text","value":"Following this release, our backend development will shift toward implementing several minor improvements and fixes, after which we'll begin work on SPV wallets and offline signing functionality."}]},{"type":"element","tagName":"h3","properties":{"id":"market-making-and-advanced-trading-"},"children":[{"type":"text","value":"Market Making and Advanced Trading ?"}]},{"type":"element","tagName":"p","properties":{},"children":[{"type":"text","value":"Earlier this week, we submitted a pull request for the alpha version of the automated market making tool integration into BasicSwap. While it hasn't been merged into the "},{"type":"element","tagName":"code","properties":{"className":["language-text"]},"children":[{"type":"text","value":"dev"}]},{"type":"text","value":" branch yet, eager users can test it by pulling the PR into their local BasicSwap instance."}]},{"type":"element","tagName":"figure","properties":{"className":["kg-card","kg-gallery-card","kg-width-wide"]},"children":[{"type":"element","tagName":"div","properties":{"className":["kg-gallery-container"]},"children":[{"type":"element","tagName":"div","properties":{"className":["kg-gallery-row"]},"children":[{"type":"element","tagName":"div","properties":{"className":["kg-gallery-image"]},"children":[{"type":"element","tagName":"img","properties":{"src":"https://particl.news/glink/2025/05/amm_one.png","width":1760,"height":2639,"alt":""},"children":[]}]},{"type":"element","tagName":"div","properties":{"className":["kg-gallery-image"]},"children":[{"type":"element","tagName":"img","properties":{"src":"https://particl.news/glink/2025/05/amm_two.png","width":1997,"height":2595,"alt":""},"children":[]}]}]}]}]},{"type":"element","tagName":"p","properties":{},"children":[{"type":"text","value":"Following preliminary testing and feedback from contributors, we've already implemented numerous improvements to the pull request since its initial publication. The changelog includes:"}]},{"type":"element","tagName":"ul","properties":{},"children":[{"type":"element","tagName":"li","properties":{},"children":[{"type":"text","value":"Added full functional AMM web GUI in BSX,"}]},{"type":"element","tagName":"li","properties":{},"children":[{"type":"text","value":"Added "},{"type":"element","tagName":"code","properties":{"className":["language-text"]},"children":[{"type":"text","value":"adjust_rates_based_on_market"}]},{"type":"text","value":", which adjust rates based on existing market offers,"}]},{"type":"element","tagName":"li","properties":{},"children":[{"type":"text","value":"The control host/port is now queried from the "},{"type":"element","tagName":"code","properties":{"className":["language-text"]},"children":[{"type":"text","value":"basicswap.json"}]},{"type":"text","value":" and only shown under "},{"type":"element","tagName":"code","properties":{"className":["language-text"]},"children":[{"type":"text","value":"debug_ui"}]},{"type":"text","value":","}]},{"type":"element","tagName":"li","properties":{},"children":[{"type":"text","value":"The Files section is only visible when "},{"type":"element","tagName":"code","properties":{"className":["language-text"]},"children":[{"type":"text","value":"debug"}]},{"type":"text","value":" is enabled,"}]},{"type":"element","tagName":"li","properties":{},"children":[{"type":"text","value":"The AMM Logs section is only visible when "},{"type":"element","tagName":"code","properties":{"className":["language-text"]},"children":[{"type":"text","value":"debug_ui"}]},{"type":"text","value":" is enabled,"}]},{"type":"element","tagName":"li","properties":{},"children":[{"type":"text","value":"The buffering warning is fixed when starting the AMM process,"}]},{"type":"element","tagName":"li","properties":{},"children":[{"type":"text","value":"Moved the following settings to only be visible when "},{"type":"element","tagName":"code","properties":{"className":["language-text"]},"children":[{"type":"text","value":"debug_ui"}]},{"type":"text","value":" is enabled: Min Seconds Between Bids, Max Seconds Between Bids, Prune State Delay (seconds), and Prune State After (seconds),"}]},{"type":"element","tagName":"li","properties":{},"children":[{"type":"text","value":"Bug where editing an offer or bid always shows \"Particl Particl\" instead of the correct "},{"type":"element","tagName":"code","properties":{"className":["language-text"]},"children":[{"type":"text","value":"coin_from"}]},{"type":"text","value":" and "},{"type":"element","tagName":"code","properties":{"className":["language-text"]},"children":[{"type":"text","value":"coin_to"}]},{"type":"text","value":" values from the table,"}]},{"type":"element","tagName":"li","properties":{},"children":[{"type":"text","value":"Removed "},{"type":"element","tagName":"code","properties":{"className":["language-text"]},"children":[{"type":"text","value":"auto_accept_offers"}]},{"type":"text","value":" for bids,"}]},{"type":"element","tagName":"li","properties":{},"children":[{"type":"text","value":"Removed "},{"type":"element","tagName":"code","properties":{"className":["language-text"]},"children":[{"type":"text","value":"auto_accept_bids"}]},{"type":"text","value":" from the GUI (already the default behavior),"}]},{"type":"element","tagName":"li","properties":{},"children":[{"type":"text","value":"Made Adjust Rates Based on Market Per-Offer,"}]},{"type":"element","tagName":"li","properties":{},"children":[{"type":"text","value":"Removed the global "},{"type":"element","tagName":"code","properties":{"className":["language-text"]},"children":[{"type":"text","value":"adjust_rates_based_on_market"}]},{"type":"text","value":" setting,"}]},{"type":"element","tagName":"li","properties":{},"children":[{"type":"text","value":"Added "},{"type":"element","tagName":"code","properties":{"className":["language-text"]},"children":[{"type":"text","value":"adjust_rates_based_on_market"}]},{"type":"text","value":" checkbox to the offer form (both add and edit)"}]},{"type":"element","tagName":"li","properties":{},"children":[{"type":"text","value":"Added a note that it respects the rate tweak percent,"}]},{"type":"element","tagName":"li","properties":{},"children":[{"type":"text","value":"Updated the FAQ Section,"}]},{"type":"element","tagName":"li","properties":{},"children":[{"type":"text","value":"Updated the default JSON,"}]},{"type":"element","tagName":"li","properties":{},"children":[{"type":"text","value":"All fields from the default JSON configuration are now available in the UI,"}]},{"type":"element","tagName":"li","properties":{},"children":[{"type":"text","value":"The "},{"type":"element","tagName":"code","properties":{"className":["language-text"]},"children":[{"type":"text","value":"amount_variable"}]},{"type":"text","value":" field is always set to true by default and not exposed in the UI,"}]},{"type":"element","tagName":"li","properties":{},"children":[{"type":"text","value":"The "},{"type":"element","tagName":"code","properties":{"className":["language-text"]},"children":[{"type":"text","value":"swap_type, min_swap_amount"}]},{"type":"text","value":", and "},{"type":"element","tagName":"code","properties":{"className":["language-text"]},"children":[{"type":"text","value":"amount_step"}]},{"type":"text","value":" fields are properly handled,"}]},{"type":"element","tagName":"li","properties":{},"children":[{"type":"text","value":"Updated "},{"type":"element","tagName":"code","properties":{"className":["language-text"]},"children":[{"type":"text","value":"swap_type"}]},{"type":"text","value":" with drop-down (Adaptor Sig, Secret Hash) based on what coins you select,"}]},{"type":"element","tagName":"li","properties":{},"children":[{"type":"text","value":"Fixed the PART/PART_ANON/PART_BLIND rate lookup issue. Also using the coin ID's and not the names,"}]},{"type":"element","tagName":"li","properties":{},"children":[{"type":"text","value":"Added get rate lookup button @ min rate,"}]},{"type":"element","tagName":"li","properties":{},"children":[{"type":"text","value":"Renamed and set \"active\" column hidden,"}]},{"type":"element","tagName":"li","properties":{},"children":[{"type":"text","value":"Offer valid seconds, use min val of 600,"}]},{"type":"element","tagName":"li","properties":{},"children":[{"type":"text","value":"Moved all related bids functions for now under debug,"}]},{"type":"element","tagName":"li","properties":{},"children":[{"type":"text","value":"Fixed small typo in unlock page,"}]},{"type":"element","tagName":"li","properties":{},"children":[{"type":"text","value":"Fixed decimal separator issue in modals,"}]},{"type":"element","tagName":"li","properties":{},"children":[{"type":"text","value":"Added option to prune/clear the state file,"}]},{"type":"element","tagName":"li","properties":{},"children":[{"type":"text","value":"Fixes small bug in header page,"}]},{"type":"element","tagName":"li","properties":{},"children":[{"type":"text","value":"AMM when debug (on) smaller logs / spam,"}]},{"type":"element","tagName":"li","properties":{},"children":[{"type":"text","value":"Fixed linting, code formatting, and additional clean up."}]}]},{"type":"element","tagName":"p","properties":{},"children":[{"type":"text","value":"The AMM tool is nearly ready to be merged into the "},{"type":"element","tagName":"code","properties":{"className":["language-text"]},"children":[{"type":"text","value":"dev"}]},{"type":"text","value":" branch for broader community testing, so watch for an announcement blog post on this development soon!"}]},{"type":"element","tagName":"h2","properties":{"id":"dr-kap-at-the-litecoin-summit-in-may-"},"children":[{"type":"text","value":"Dr. Kap at the Litecoin Summit in May ?️"}]},{"type":"element","tagName":"p","properties":{},"children":[{"type":"text","value":"Dr. Kap will be representing Particl and BasicSwap DEX at this year's edition of the "},{"type":"element","tagName":"a","properties":{"href":"https://litecoin.com/summit-2025"},"children":[{"type":"text","value":"Litecoin Summit on the 29th and 30th of May, 2025"}]},{"type":"text","value":"."}]},{"type":"element","tagName":"p","properties":{},"children":[{"type":"text","value":"On the 29th, he'll give a presentation on BasicSwap DEX which will delve into our current short-to-medium term objective of making atomic swaps more accessible and intuitive for everyone to use and how we intend to leverage BasicSwap's current and upcoming pioneering technology to further the level of decentralization in crypto and eCommerce by reducing reliance on central parties."}]},{"type":"element","tagName":"p","properties":{},"children":[{"type":"text","value":"On the next day, he will participate on a panel focused on privacy with other great speakers and figures from the scene, including SethForPrivacy (Cake Wallet), Justin Berman (Monero dev), Joël Valenzuela (Dash), and Paul Puey (Edge)."}]},{"type":"element","tagName":"ul","properties":{},"children":[{"type":"element","tagName":"li","properties":{},"children":[{"type":"text","value":"More information: "},{"type":"element","tagName":"a","properties":{"href":"https://litecoin.com/summit-2025"},"children":[{"type":"text","value":"https://litecoin.com/summit-2025"}]}]}]},{"type":"element","tagName":"hr","properties":{},"children":[]},{"type":"element","tagName":"p","properties":{},"children":[{"type":"text","value":"As always, we thank you immensely for your passion and dedication to Particl and what it's working towards achieving. None of it would be possible without you all!"}]},{"type":"element","tagName":"p","properties":{},"children":[{"type":"text","value":"We wish you a great weekend we'll see you all back on Monday! ?"}]},{"type":"comment","value":"kg-card-begin: html"},{"type":"element","tagName":"hr","properties":{},"children":[]},{"type":"element","tagName":"h3","properties":{"id":"particl-is-participation"},"children":[{"type":"text","value":"The Open-Source Revolution"}]},{"type":"element","tagName":"p","properties":{},"children":[{"type":"text","value":"We're on a mission to create a private, independent, and pro-liberty digital economy that is fair and open to all. Learn more about what we do at any of the following links."}]},{"type":"text","value":" \n"},{"type":"element","tagName":"p","properties":{},"children":[{"type":"element","tagName":"a","properties":{"href":"https://youtube.com/c/particl","className":["btn"]},"children":[{"type":"text","value":"YouTube"}]},{"type":"text","value":" "},{"type":"element","tagName":"a","properties":{"href":"https://twitter.com/ParticlProject","className":["btn"]},"children":[{"type":"text","value":"Twitter"}]},{"type":"text","value":" "},{"type":"element","tagName":"a","properties":{"href":"https://reddit.com/r/particl","className":["btn"]},"children":[{"type":"text","value":"Reddit"}]},{"type":"element","tagName":"br","properties":{},"children":[]}]},{"type":"text","value":"\n"},{"type":"element","tagName":"p","properties":{},"children":[{"type":"text","value":"Be a part of the movement and join us in the fight for our freedoms by meeting the community and spreading the word far and wide!"}]},{"type":"element","tagName":"p","properties":{},"children":[{"type":"element","tagName":"a","properties":{"href":"https://discord.me/particl","className":["btn"]},"children":[{"type":"text","value":"Discord"}]},{"type":"text","value":" "},{"type":"element","tagName":"a","properties":{"href":"https://t.me/particl_general","className":["btn"]},"children":[{"type":"text","value":"Telegram"}]},{"type":"text","value":" "},{"type":"element","tagName":"a","properties":{"href":"https://riot.im/app/#/room/#particlOn:matrix.org","className":["btn"]},"children":[{"type":"text","value":"Element / Matrix"}]}]},{"type":"text","value":"\n"},{"type":"element","tagName":"p","properties":{},"children":[{"type":"text","value":"Learn more about Particl with these in-depth resources."}]},{"type":"element","tagName":"p","properties":{},"children":[{"type":"text","value":"\n"},{"type":"element","tagName":"a","properties":{"href":"https://particl.io","className":["btn"]},"children":[{"type":"text","value":"Website"}]},{"type":"text","value":" \n"},{"type":"element","tagName":"a","properties":{"href":"https://basicswapdex.com","className":["btn"]},"children":[{"type":"text","value":"BasicSwap DEX"}]},{"type":"text","value":"\n"},{"type":"element","tagName":"a","properties":{"href":"https://academy.particl.io","className":["btn"]},"children":[{"type":"text","value":"Academy"}]},{"type":"text","value":"\n"},{"type":"element","tagName":"a","properties":{"href":"https://particl.wiki","className":["btn"]},"children":[{"type":"text","value":"Wiki"}]}]},{"type":"text","value":"\n"},{"type":"element","tagName":"p","properties":{},"children":[{"type":"text","value":"Follow the link below to get a list of all other useful Particl-related links you may find helpful."}]},{"type":"element","tagName":"p","properties":{},"children":[{"type":"element","tagName":"a","properties":{"href":"https://academy.particl.io/en/latest/intro/intro_useful_links.html","className":["btn"]},"children":[{"type":"text","value":"Useful Particl links"}]}]},{"type":"element","tagName":"hr","properties":{},"children":[]},{"type":"text","value":"\n"},{"type":"comment","value":"kg-card-end: html"},{"type":"element","tagName":"p","properties":{},"children":[{"type":"text","value":" "}]}],"data":{"quirksMode":false}},"tableOfContents":[{"id":"basicswap-","heading":"BasicSwap ?","items":[{"id":"multi-net-support-","heading":"Multi-Net Support ?"},{"id":"market-making-and-advanced-trading-","heading":"Market Making and Advanced Trading ?"}]},{"id":"dr-kap-at-the-litecoin-summit-in-may-","heading":"Dr. Kap at the Litecoin Summit in May ?️","items":[{"id":"particl-is-participation","heading":"The Open-Source Revolution"}]}]},"featureImageSharp":null}},{"node":{"id":"Ghost__Post__6827de0b2a04b20587a4fcf4","title":"Particl Development Progress Report (16-05-2025)","slug":"particl-development-progress-report-16-05-2025","featured":true,"feature_image":"/glink/2025/05/dev-update-medium-2.png","excerpt":"Get up to speed with all the most recent Particl and BasicSwap DEX developments!","custom_excerpt":"Get up to speed with all the most recent Particl and BasicSwap DEX developments!","visibility":"public","created_at_pretty":"17 May 2025","published_at_pretty":"17 May 2025","updated_at_pretty":"17 May 2025","created_at":"2025-05-17T00:53:31.000+00:00","published_at":"2025-05-17T01:15:00.000+00:00","updated_at":"2025-05-17T01:15:00.000+00:00","meta_title":null,"meta_description":null,"og_description":null,"og_image":null,"og_title":null,"twitter_description":null,"twitter_image":null,"twitter_title":null,"authors":[{"slug":"cryptoguard","url":"http://localhost:2368/author/cryptoguard/","name":"cryptoguard","bio":null,"cover_image":null,"profile_image":null,"location":null,"website":null,"twitter":null,"facebook":null,"meta_title":null,"meta_description":null,"coverImageSharp":null,"profileImageSharp":null}],"primary_author":{"slug":"cryptoguard","url":"http://localhost:2368/author/cryptoguard/","name":"cryptoguard","bio":null,"cover_image":null,"profile_image":null,"location":null,"website":null,"twitter":null,"facebook":null,"meta_title":null,"meta_description":null,"coverImageSharp":null,"profileImageSharp":null},"primary_tag":{"slug":"progress","url":"http://localhost:2368/tag/progress/","name":"Progress","visibility":"public","feature_image":null,"description":"Get up to speed with all the most recent Particl developments!","meta_title":null,"meta_description":null,"featureImageSharp":null},"tags":[{"slug":"progress","url":"http://localhost:2368/tag/progress/","name":"Progress","visibility":"public","feature_image":null,"description":"Get up to speed with all the most recent Particl developments!","meta_title":null,"meta_description":null,"featureImageSharp":null}],"plaintext":"As the week ends, let's take a moment to look back at what we've achieved in the\npast few days and see what we've got to look forward to in the week to come.\n\nBasicSwap ?\nBasicSwap Progress ⚙️\nWe've pushed, to the dev branch, a series of commits aimed at fixing a few bugs\nand updating tests:\n\n * Deduplicate getP2SHScriptForHash (1\n [https://github.com/basicswap/basicswap/commit/80915d9865dfeeb24eff4fed8ccf3e695b20f173]\n )\n * Fix LTC wallet creation test (1\n [https://github.com/basicswap/basicswap/commit/3ea7a219d1dba34fbeab3250972b3dd3a554a258]\n )\n * Fix prefunded ITX (1\n [https://github.com/basicswap/basicswap/commit/2a8ac051fc9cbe5ce7334e1b7be9ad7aa8d2bccc]\n )\n * Disable test_13_locked_xmr test when XMR version >= 0.18.4 (1\n [https://github.com/basicswap/basicswap/commit/f6914d7c305156997bd61a317d176c548c0709f6]\n )\n * Fix issue with adaptor signature swaps when using Firo and other pairs (1\n [https://github.com/basicswap/basicswap/commit/13847e129b8df7265f0916a3f06362cd7a9fd71b]\n )\n\nOn top of these minor commits, we've continued our work on the previously\nmentioned major deliverables for this current development cycle:\n\nMulti-Net Support ?\nWhile we've been making visible progress in bringing multi-net functionality to\nmainnet, we encountered a roadblock with our initial approach that required us\nto revert some previous work and pursue a new pathway. Rather than a setback,\nthis represents valuable R&D progress that has clarified how to address the\nspecific issues we faced.\n\nFollowing this hurdle, we've been able to make much faster progress and are\npleased to announce that automated tests using Simplex as an alternative\nmessaging network for relaying swap and offer data now pass successfully. This\nmarks a significant milestone in the development of multi-net functionality and\nbrings us much closer to merging this feature into the dev branch for mainnet\nimplementation.\n\nMarket Making and Advanced Trading ?\nWe've also made excellent progress this week integrating the automated market\nmaking script into the user interface. While some work and testing remain, this\nnew functionality is nearly ready to be merged into the dev branch as well.\n\nThe new BasicSwap page connects directly with the automated market making\ncompanion script, allowing you to interact with it directly from the user\ninterface. This means you can deploy it, edit its configuration, and post offers\nusing advanced trading options—such as automatic republishing, automatic fiat\nspread adjustment, price pegging, and more—straight from the user interface.\n\nNote that while this page will likely be released soon, the script remains\nexperimental. After sufficient community testing, we plan to integrate some of\nits advanced order management capabilities directly into the standard flow for\nposting new offers. This will radically improve the user experience for market\nmakers on BasicSwap, making the platform much more accessible to a wider\naudience.\n\nGeneral Updates and Maintenance ⚙️\nIn addition to the major items mentioned above, we plan to investigate and\nimplement a wide variety of general improvements, tweaks, and bug fixes over the\nnext few weeks.\n\nDr. Kap at the Litecoin Summit in May ?️\nDr. Kap will be representing Particl and BasicSwap DEX at this year's edition of\nthe Litecoin Summit on the 29th and 30th of May, 2025\n[https://litecoin.com/summit-2025].\n\nOn the 29th, he'll give a presentation on BasicSwap DEX which will delve into\nour current short-to-medium term objective of making atomic swaps more\naccessible and intuitive for everyone to use and how we intend to leverage\nBasicSwap's current and upcoming pioneering technology to further the level of\ndecentralization in crypto and eCommerce by reducing reliance on central\nparties.\n\nOn the next day, he will participate on a panel focused on privacy with other\ngreat speakers and figures from the scene, including SethForPrivacy (Cake\nWallet), Justin Berman (Monero dev), Joël Valenzuela (Dash), and Paul Puey\n(Edge).\n\n * More information: https://litecoin.com/summit-2025\n\n\n--------------------------------------------------------------------------------\n\nAs always, we thank you immensely for your passion and dedication to Particl and\nwhat it's working towards achieving. None of it would be possible without you\nall!\n\nWe wish you a great weekend we'll see you all back on Monday! ?\n\n\n--------------------------------------------------------------------------------\n\nThe Open-Source Revolution\nWe're on a mission to create a private, independent, and pro-liberty digital\neconomy that is fair and open to all. Learn more about what we do at any of the\nfollowing links.\n\nYouTube [https://youtube.com/c/particl] Twitter\n[https://twitter.com/ParticlProject] Reddit [https://reddit.com/r/particl]\n\n\nBe a part of the movement and join us in the fight for our freedoms by meeting\nthe community and spreading the word far and wide!\n\nDiscord [https://discord.me/particl] Telegram [https://t.me/particl_general] \nElement / Matrix [https://riot.im/app/#/room/#particlOn:matrix.org]\n\nLearn more about Particl with these in-depth resources.\n\nWebsite [https://particl.io]BasicSwap DEX [https://basicswapdex.com]Academy\n[https://academy.particl.io]Wiki [https://particl.wiki]\n\nFollow the link below to get a list of all other useful Particl-related links\nyou may find helpful.\n\nUseful Particl links\n[https://academy.particl.io/en/latest/intro/intro_useful_links.html]\n\n\n--------------------------------------------------------------------------------","html":"
![](\"https://particl.news/glink/2025/04/image-1.png\")
As the week ends, let's take a moment to look back at what we've achieved in the past few days and see what we've got to look forward to in the week to come.
We've pushed, to the dev branch, a series of commits aimed at fixing a few bugs and updating tests:
getP2SHScriptForHash (1)test_13_locked_xmr test when XMR version >= 0.18.4 (1)On top of these minor commits, we've continued our work on the previously mentioned major deliverables for this current development cycle:
While we've been making visible progress in bringing multi-net functionality to mainnet, we encountered a roadblock with our initial approach that required us to revert some previous work and pursue a new pathway. Rather than a setback, this represents valuable R&D progress that has clarified how to address the specific issues we faced.
Following this hurdle, we've been able to make much faster progress and are pleased to announce that automated tests using Simplex as an alternative messaging network for relaying swap and offer data now pass successfully. This marks a significant milestone in the development of multi-net functionality and brings us much closer to merging this feature into the dev branch for mainnet implementation.
We've also made excellent progress this week integrating the automated market making script into the user interface. While some work and testing remain, this new functionality is nearly ready to be merged into the dev branch as well.
![](\"http://localhost:2368/content/images/2025/05/amm_one.png\")
![](\"http://localhost:2368/content/images/2025/05/amm_two.png\")
The new BasicSwap page connects directly with the automated market making companion script, allowing you to interact with it directly from the user interface. This means you can deploy it, edit its configuration, and post offers using advanced trading options—such as automatic republishing, automatic fiat spread adjustment, price pegging, and more—straight from the user interface.
Note that while this page will likely be released soon, the script remains experimental. After sufficient community testing, we plan to integrate some of its advanced order management capabilities directly into the standard flow for posting new offers. This will radically improve the user experience for market makers on BasicSwap, making the platform much more accessible to a wider audience.
In addition to the major items mentioned above, we plan to investigate and implement a wide variety of general improvements, tweaks, and bug fixes over the next few weeks.
Dr. Kap will be representing Particl and BasicSwap DEX at this year's edition of the Litecoin Summit on the 29th and 30th of May, 2025.
On the 29th, he'll give a presentation on BasicSwap DEX which will delve into our current short-to-medium term objective of making atomic swaps more accessible and intuitive for everyone to use and how we intend to leverage BasicSwap's current and upcoming pioneering technology to further the level of decentralization in crypto and eCommerce by reducing reliance on central parties.
On the next day, he will participate on a panel focused on privacy with other great speakers and figures from the scene, including SethForPrivacy (Cake Wallet), Justin Berman (Monero dev), Joël Valenzuela (Dash), and Paul Puey (Edge).
As always, we thank you immensely for your passion and dedication to Particl and what it's working towards achieving. None of it would be possible without you all!
We wish you a great weekend we'll see you all back on Monday! ?
We're on a mission to create a private, independent, and pro-liberty digital economy that is fair and open to all. Learn more about what we do at any of the following links.
\n\nBe a part of the movement and join us in the fight for our freedoms by meeting the community and spreading the word far and wide!
Discord Telegram Element / Matrix
\nLearn more about Particl with these in-depth resources.
\nWebsite \nBasicSwap DEX\nAcademy\nWiki
\nFollow the link below to get a list of all other useful Particl-related links you may find helpful.
As the week ends, let's take a moment to look back at what we've achieved in the past few days and see what we've got to look forward to in the week to come.
We've pushed, to the dev branch, a series of commits aimed at fixing a few bugs and updating tests:
getP2SHScriptForHash (1)test_13_locked_xmr test when XMR version >= 0.18.4 (1)On top of these minor commits, we've continued our work on the previously mentioned major deliverables for this current development cycle:
While we've been making visible progress in bringing multi-net functionality to mainnet, we encountered a roadblock with our initial approach that required us to revert some previous work and pursue a new pathway. Rather than a setback, this represents valuable R&D progress that has clarified how to address the specific issues we faced.
Following this hurdle, we've been able to make much faster progress and are pleased to announce that automated tests using Simplex as an alternative messaging network for relaying swap and offer data now pass successfully. This marks a significant milestone in the development of multi-net functionality and brings us much closer to merging this feature into the dev branch for mainnet implementation.
We've also made excellent progress this week integrating the automated market making script into the user interface. While some work and testing remain, this new functionality is nearly ready to be merged into the dev branch as well.
![\"\"](\"/glink/2025/05/amm_one.png\")
![\"\"](\"/glink/2025/05/amm_two.png\")
The new BasicSwap page connects directly with the automated market making companion script, allowing you to interact with it directly from the user interface. This means you can deploy it, edit its configuration, and post offers using advanced trading options—such as automatic republishing, automatic fiat spread adjustment, price pegging, and more—straight from the user interface.
Note that while this page will likely be released soon, the script remains experimental. After sufficient community testing, we plan to integrate some of its advanced order management capabilities directly into the standard flow for posting new offers. This will radically improve the user experience for market makers on BasicSwap, making the platform much more accessible to a wider audience.
In addition to the major items mentioned above, we plan to investigate and implement a wide variety of general improvements, tweaks, and bug fixes over the next few weeks.
Dr. Kap will be representing Particl and BasicSwap DEX at this year's edition of the Litecoin Summit on the 29th and 30th of May, 2025.
On the 29th, he'll give a presentation on BasicSwap DEX which will delve into our current short-to-medium term objective of making atomic swaps more accessible and intuitive for everyone to use and how we intend to leverage BasicSwap's current and upcoming pioneering technology to further the level of decentralization in crypto and eCommerce by reducing reliance on central parties.
On the next day, he will participate on a panel focused on privacy with other great speakers and figures from the scene, including SethForPrivacy (Cake Wallet), Justin Berman (Monero dev), Joël Valenzuela (Dash), and Paul Puey (Edge).
As always, we thank you immensely for your passion and dedication to Particl and what it's working towards achieving. None of it would be possible without you all!
We wish you a great weekend we'll see you all back on Monday! ?
We're on a mission to create a private, independent, and pro-liberty digital economy that is fair and open to all. Learn more about what we do at any of the following links.
\n\nBe a part of the movement and join us in the fight for our freedoms by meeting the community and spreading the word far and wide!
Discord Telegram Element / Matrix
\nLearn more about Particl with these in-depth resources.
\nWebsite \nBasicSwap DEX\nAcademy\nWiki
\nFollow the link below to get a list of all other useful Particl-related links you may find helpful.
As the week ends, let's take a moment to look back at what we've achieved in the past few days and see what we've got to look forward to in the week to come.
cryptoguard![](\"https://particl.news/static/3cb60c4ca5cf3e2d6172d0576e2a5d37/basicswap_firo_update_medium.png\")
Earlier this week, we released a new BasicSwap update that includes various improvements and bug fixes. This update is mandatory for users who trade Firo on the platform, as it enables you to easily update your Firo core in preparation for their upcoming hardfork scheduled for approximately May 28, 2025.
Please note that updating BasicSwap is only the first step in preparing for the hardfork; you must also update your Firo core after completing the BasicSwap update.
For the complete changelog and detailed instructions on how to properly update your Firo node, please visit the release blog post here: https://particl.news/mandatory-firo-core-update-may2025/
We've pushed, to the dev branch, a commit that checks for the minimum sqlite database version and also have a pull request ready for merge, which includes the following changes:
![](\"http://localhost:2368/content/images/2025/05/image-1.png\")
On top of these minor commits, we've continued our work on the previously mentioned major deliverables for this current development cycle:
While we've implemented a significant portion of what's required to provide BasicSwap with multi-net support (the ability for BasicSwap to relay data messages such as offers, swap data, or identities using networks other than SMSG), this new functionality is not yet fully operational.
We're continuing development in this area and expect to complete a proof of concept using Simplex as the first integrated network relatively soon. As a reminder, this implementation standardizes messages and encrypts them using SMSG's methodology, allowing almost any data or messaging network to relay BasicSwap messages such as Telegram, IRC, Torrent/P2P networks, and others. As a significant plus, all messages are encrypted before broadcast, meaning that this approach presents minimal privacy compromises.
After completing multi-net support, our next focus will likely be implementing support for light wallets or remote nodes for most coins available on BasicSwap. This will allow you to set up BasicSwap without syncing a full node or storing the entire blockchain on your device, significantly improving setup time and convenience.
Note that this feature will be offered as an option, allowing you to still set up the DEX using full nodes for maximum security and privacy if preferred.
Integrating the current market making tools into BasicSwap's GUI is now this month's main front-end focus. While we intended to make more progress on it last month, a lot of time was spent refactoring the UI's back-end code which will pay off in the long-term and make BasicSwap better structured and easier for contributors to jump in.
Another area we plan to advance during the next development cycle is the addition of advanced data visualization in the order book, notably depth charts for each trading pair and split order book displaying buy and sell offers on separate sides
These improvements will bring BasicSwap's order book experience closer to what users expect when interacting with centralized exchanges, bridging the gap between traditional platforms and decentralized trading—allowing users to enjoy convenience benefits without the typical security trade-offs.
In addition to the major items mentioned above, we plan to investigate and implement a wide variety of general improvements, tweaks, and bug fixes over the next few weeks.
Dr. Kap will be representing Particl and BasicSwap DEX at this year's edition of the Litecoin Summit on the 29th and 30th of May, 2025.
On the 29th, he'll give a presentation on BasicSwap DEX which will delve into our current short-to-medium term objective of making atomic swaps more accessible and intuitive for everyone to use and how we intend to leverage BasicSwap's current and upcoming pioneering technology to further the level of decentralization in crypto and eCommerce by reducing reliance on central parties.
On the next day, he will participate on a panel focused on privacy with other great speakers and figures from the scene, including SethForPrivacy (Cake Wallet), Justin Berman (Monero dev), Joël Valenzuela (Dash), and Paul Puey (Edge).
A few days ago, MEXC placed the PART trading pair in its Assessment Zone due to low order book liquidity and insufficient total value of PART coins deposited on the platform.
While this does not constitute a formal delisting yet, the exchange has communicated that the community must increase both liquidity and the total number of PART coins held on the exchange to maintain the listing.
Therefore, we invite community members who wish to preserve PART's presence on MEXC to consider contributing to order book liquidity and depositing some of their coins on the exchange.
As always, we thank you immensely for your passion and dedication to Particl and what it's working towards achieving. None of it would be possible without you all!
We wish you a great weekend we'll see you all back on Monday! ?
We're on a mission to create a private, independent, and pro-liberty digital economy that is fair and open to all. Learn more about what we do at any of the following links.
\n\nBe a part of the movement and join us in the fight for our freedoms by meeting the community and spreading the word far and wide!
Discord Telegram Element / Matrix
\nLearn more about Particl with these in-depth resources.
\nWebsite \nBasicSwap DEX\nAcademy\nWiki
\nFollow the link below to get a list of all other useful Particl-related links you may find helpful.
As the week ends, let's take a moment to look back at what we've achieved in the past few days and see what we've got to look forward to in the week to come.
cryptoguardEarlier this week, we released a new BasicSwap update that includes various improvements and bug fixes. This update is mandatory for users who trade Firo on the platform, as it enables you to easily update your Firo core in preparation for their upcoming hardfork scheduled for approximately May 28, 2025.
Please note that updating BasicSwap is only the first step in preparing for the hardfork; you must also update your Firo core after completing the BasicSwap update.
For the complete changelog and detailed instructions on how to properly update your Firo node, please visit the release blog post here: https://particl.news/mandatory-firo-core-update-may2025/
We've pushed, to the dev branch, a commit that checks for the minimum sqlite database version and also have a pull request ready for merge, which includes the following changes:
![\"\"](\"/glink/2025/05/image-1.png\")
On top of these minor commits, we've continued our work on the previously mentioned major deliverables for this current development cycle:
While we've implemented a significant portion of what's required to provide BasicSwap with multi-net support (the ability for BasicSwap to relay data messages such as offers, swap data, or identities using networks other than SMSG), this new functionality is not yet fully operational.
We're continuing development in this area and expect to complete a proof of concept using Simplex as the first integrated network relatively soon. As a reminder, this implementation standardizes messages and encrypts them using SMSG's methodology, allowing almost any data or messaging network to relay BasicSwap messages such as Telegram, IRC, Torrent/P2P networks, and others. As a significant plus, all messages are encrypted before broadcast, meaning that this approach presents minimal privacy compromises.
After completing multi-net support, our next focus will likely be implementing support for light wallets or remote nodes for most coins available on BasicSwap. This will allow you to set up BasicSwap without syncing a full node or storing the entire blockchain on your device, significantly improving setup time and convenience.
Note that this feature will be offered as an option, allowing you to still set up the DEX using full nodes for maximum security and privacy if preferred.
Integrating the current market making tools into BasicSwap's GUI is now this month's main front-end focus. While we intended to make more progress on it last month, a lot of time was spent refactoring the UI's back-end code which will pay off in the long-term and make BasicSwap better structured and easier for contributors to jump in.
Another area we plan to advance during the next development cycle is the addition of advanced data visualization in the order book, notably depth charts for each trading pair and split order book displaying buy and sell offers on separate sides
These improvements will bring BasicSwap's order book experience closer to what users expect when interacting with centralized exchanges, bridging the gap between traditional platforms and decentralized trading—allowing users to enjoy convenience benefits without the typical security trade-offs.
In addition to the major items mentioned above, we plan to investigate and implement a wide variety of general improvements, tweaks, and bug fixes over the next few weeks.
Dr. Kap will be representing Particl and BasicSwap DEX at this year's edition of the Litecoin Summit on the 29th and 30th of May, 2025.
On the 29th, he'll give a presentation on BasicSwap DEX which will delve into our current short-to-medium term objective of making atomic swaps more accessible and intuitive for everyone to use and how we intend to leverage BasicSwap's current and upcoming pioneering technology to further the level of decentralization in crypto and eCommerce by reducing reliance on central parties.
On the next day, he will participate on a panel focused on privacy with other great speakers and figures from the scene, including SethForPrivacy (Cake Wallet), Justin Berman (Monero dev), Joël Valenzuela (Dash), and Paul Puey (Edge).
A few days ago, MEXC placed the PART trading pair in its Assessment Zone due to low order book liquidity and insufficient total value of PART coins deposited on the platform.
While this does not constitute a formal delisting yet, the exchange has communicated that the community must increase both liquidity and the total number of PART coins held on the exchange to maintain the listing.
Therefore, we invite community members who wish to preserve PART's presence on MEXC to consider contributing to order book liquidity and depositing some of their coins on the exchange.
As always, we thank you immensely for your passion and dedication to Particl and what it's working towards achieving. None of it would be possible without you all!
We wish you a great weekend we'll see you all back on Monday! ?
We're on a mission to create a private, independent, and pro-liberty digital economy that is fair and open to all. Learn more about what we do at any of the following links.
\n\nBe a part of the movement and join us in the fight for our freedoms by meeting the community and spreading the word far and wide!
Discord Telegram Element / Matrix
\nLearn more about Particl with these in-depth resources.
\nWebsite \nBasicSwap DEX\nAcademy\nWiki
\nFollow the link below to get a list of all other useful Particl-related links you may find helpful.
![](\"http://localhost:2368/content/images/2025/05/image.png\")
There is a mandatory Firo Core update ahead of their upcoming hardfork on block 1,104,500 (approximately 28 May 2025). This update introduces several updates to Firo, but most notably the introduction of Spark Names, \"allowing users to register unique, easy-to-remember aliases instead of long cryptographic addresses\".
This new core update is now available to users who have updated their BasicSwap instance to the latest version, and you must update your Firo node as soon as possible if you've enabled the coin on your local instance.
On top of the Firo Core update, this BasicSwap update adds a few bug fixes and improvements to the codebase:
--withcoin and --withoutcoin options for basicswap-run,To update coin cores on BasicSwap DEX, simply follow the instructions available here on the Particl Academy.
basicswap folder, type the git pull command.If you run BasicSwap on Linux without Docker, you can easily upgrade coin cores to their most recent version by running the community-built upgrade script available here (bsx-update).
We're on a mission to create a private, independent, and pro-liberty digital economy that is fair and open to all. Learn more about what we do at any of the following links.
\n\nBe a part of the movement and join us in the fight for our freedoms by meeting the community and spreading the word far and wide!
Discord Telegram Element / Matrix
\nLearn more about Particl with these in-depth resources.
\nWebsite \nBasicSwap DEX\nAcademy\nWiki
\nFollow the link below to get a list of all other useful Particl-related links you may find helpful.
![\"\"](\"/glink/2025/05/image.png\")
There is a mandatory Firo Core update ahead of their upcoming hardfork on block 1,104,500 (approximately 28 May 2025). This update introduces several updates to Firo, but most notably the introduction of Spark Names, \"allowing users to register unique, easy-to-remember aliases instead of long cryptographic addresses\".
This new core update is now available to users who have updated their BasicSwap instance to the latest version, and you must update your Firo node as soon as possible if you've enabled the coin on your local instance.
On top of the Firo Core update, this BasicSwap update adds a few bug fixes and improvements to the codebase:
--withcoin and --withoutcoin options for basicswap-run,To update coin cores on BasicSwap DEX, simply follow the instructions available here on the Particl Academy.
basicswap folder, type the git pull command.If you run BasicSwap on Linux without Docker, you can easily upgrade coin cores to their most recent version by running the community-built upgrade script available here (bsx-update).
We're on a mission to create a private, independent, and pro-liberty digital economy that is fair and open to all. Learn more about what we do at any of the following links.
\n\nBe a part of the movement and join us in the fight for our freedoms by meeting the community and spreading the word far and wide!
Discord Telegram Element / Matrix
\nLearn more about Particl with these in-depth resources.
\nWebsite \nBasicSwap DEX\nAcademy\nWiki
\nFollow the link below to get a list of all other useful Particl-related links you may find helpful.
As the week ends, let's take a moment to look back at what we've achieved in the past few days and see what we've got to look forward to in the week to come.
We've pushed, to the dev branch, a couple of commits including a mandatory Core update ahead of an upcoming Firo hardfork.
js_active amounts for reverse bids (1)test_swap_direction.py (1)On top of these minor commits, we've continued our work on the previously mentioned major deliverables for this current development cycle:
While we've implemented a significant portion of what's required to provide BasicSwap with multi-net support (the ability for BasicSwap to relay data messages such as offers, swap data, or identities using networks other than SMSG), this new functionality is not yet fully operational.
We're continuing development in this area and expect to complete a proof of concept using Simplex as the first integrated network relatively soon. As a reminder, this implementation standardizes messages and encrypts them using SMSG's methodology, allowing almost any data or messaging network to relay BasicSwap messages such as Telegram, IRC, Torrent/P2P networks, and others. As a significant plus, all messages are encrypted before broadcast, meaning that this approach presents minimal privacy compromises.
After completing multi-net support, our next focus will likely be implementing support for light wallets or remote nodes for most coins available on BasicSwap. This will allow you to set up BasicSwap without syncing a full node or storing the entire blockchain on your device, significantly improving setup time and convenience.
Note that this feature will be offered as an option, allowing you to still set up the DEX using full nodes for maximum security and privacy if preferred.
Integrating the current market making tools into BasicSwap's GUI is now this month's main front-end focus. While we intended to make more progress on it last month, a lot of time was spent refactoring the UI's back-end code which will pay off in the long-term and make BasicSwap better structured and easier for contributors to jump in.
Another area we plan to advance during the next development cycle is the addition of advanced data visualization in the order book, notably depth charts for each trading pair and split order book displaying buy and sell offers on separate sides
These improvements will bring BasicSwap's order book experience closer to what users expect when interacting with centralized exchanges, bridging the gap between traditional platforms and decentralized trading—allowing users to enjoy convenience benefits without the typical security trade-offs.
In addition to the major items mentioned above, we plan to investigate and implement a wide variety of general improvements, tweaks, and bug fixes over the next few weeks.
Dr. Kap will be representing Particl and BasicSwap DEX at this year's edition of the Litecoin Summit on the 29th and 30th of May, 2025.
On the 29th, he'll give a presentation on BasicSwap DEX which will delve into our current short-to-medium term objective of making atomic swaps more accessible and intuitive for everyone to use and how we intend to leverage BasicSwap's current and upcoming pioneering technology to further the level of decentralization in crypto and eCOmmerce by reducing reliance on central parties.
On the next day, he will participate on a panel focused on privacy with other great speakers and figures from the scene, including SethForPrivacy (Cake Wallet), Justin Berman (Monero dev), Joël Valenzuela (Dash), and Paul Puey (Edge).
A few days ago, MEXC placed the PART trading pair in its Assessment Zone due to low order book liquidity and insufficient total value of PART coins deposited on the platform.
While this does not constitute a formal delisting yet, the exchange has communicated that the community must increase both liquidity and the total number of PART coins held on the exchange to maintain the listing.
Therefore, we invite community members who wish to preserve PART's presence on MEXC to consider contributing to order book liquidity and depositing some of their coins on the exchange.
As always, we thank you immensely for your passion and dedication to Particl and what it's working towards achieving. None of it would be possible without you all!
We wish you a great weekend we'll see you all back on Monday! ?
We're on a mission to create a private, independent, and pro-liberty digital economy that is fair and open to all. Learn more about what we do at any of the following links.
\n\nBe a part of the movement and join us in the fight for our freedoms by meeting the community and spreading the word far and wide!
Discord Telegram Element / Matrix
\nLearn more about Particl with these in-depth resources.
\nWebsite \nBasicSwap DEX\nAcademy\nWiki
\nFollow the link below to get a list of all other useful Particl-related links you may find helpful.
As the week ends, let's take a moment to look back at what we've achieved in the past few days and see what we've got to look forward to in the week to come.
We've pushed, to the dev branch, a couple of commits including a mandatory Core update ahead of an upcoming Firo hardfork.
js_active amounts for reverse bids (1)test_swap_direction.py (1)On top of these minor commits, we've continued our work on the previously mentioned major deliverables for this current development cycle:
While we've implemented a significant portion of what's required to provide BasicSwap with multi-net support (the ability for BasicSwap to relay data messages such as offers, swap data, or identities using networks other than SMSG), this new functionality is not yet fully operational.
We're continuing development in this area and expect to complete a proof of concept using Simplex as the first integrated network relatively soon. As a reminder, this implementation standardizes messages and encrypts them using SMSG's methodology, allowing almost any data or messaging network to relay BasicSwap messages such as Telegram, IRC, Torrent/P2P networks, and others. As a significant plus, all messages are encrypted before broadcast, meaning that this approach presents minimal privacy compromises.
After completing multi-net support, our next focus will likely be implementing support for light wallets or remote nodes for most coins available on BasicSwap. This will allow you to set up BasicSwap without syncing a full node or storing the entire blockchain on your device, significantly improving setup time and convenience.
Note that this feature will be offered as an option, allowing you to still set up the DEX using full nodes for maximum security and privacy if preferred.
Integrating the current market making tools into BasicSwap's GUI is now this month's main front-end focus. While we intended to make more progress on it last month, a lot of time was spent refactoring the UI's back-end code which will pay off in the long-term and make BasicSwap better structured and easier for contributors to jump in.
Another area we plan to advance during the next development cycle is the addition of advanced data visualization in the order book, notably depth charts for each trading pair and split order book displaying buy and sell offers on separate sides
These improvements will bring BasicSwap's order book experience closer to what users expect when interacting with centralized exchanges, bridging the gap between traditional platforms and decentralized trading—allowing users to enjoy convenience benefits without the typical security trade-offs.
In addition to the major items mentioned above, we plan to investigate and implement a wide variety of general improvements, tweaks, and bug fixes over the next few weeks.
Dr. Kap will be representing Particl and BasicSwap DEX at this year's edition of the Litecoin Summit on the 29th and 30th of May, 2025.
On the 29th, he'll give a presentation on BasicSwap DEX which will delve into our current short-to-medium term objective of making atomic swaps more accessible and intuitive for everyone to use and how we intend to leverage BasicSwap's current and upcoming pioneering technology to further the level of decentralization in crypto and eCOmmerce by reducing reliance on central parties.
On the next day, he will participate on a panel focused on privacy with other great speakers and figures from the scene, including SethForPrivacy (Cake Wallet), Justin Berman (Monero dev), Joël Valenzuela (Dash), and Paul Puey (Edge).
A few days ago, MEXC placed the PART trading pair in its Assessment Zone due to low order book liquidity and insufficient total value of PART coins deposited on the platform.
While this does not constitute a formal delisting yet, the exchange has communicated that the community must increase both liquidity and the total number of PART coins held on the exchange to maintain the listing.
Therefore, we invite community members who wish to preserve PART's presence on MEXC to consider contributing to order book liquidity and depositing some of their coins on the exchange.
As always, we thank you immensely for your passion and dedication to Particl and what it's working towards achieving. None of it would be possible without you all!
We wish you a great weekend we'll see you all back on Monday! ?
We're on a mission to create a private, independent, and pro-liberty digital economy that is fair and open to all. Learn more about what we do at any of the following links.
\n\nBe a part of the movement and join us in the fight for our freedoms by meeting the community and spreading the word far and wide!
Discord Telegram Element / Matrix
\nLearn more about Particl with these in-depth resources.
\nWebsite \nBasicSwap DEX\nAcademy\nWiki
\nFollow the link below to get a list of all other useful Particl-related links you may find helpful.
![](\"http://localhost:2368/content/images/2025/04/image-1.png\")
As the week ends, let's take a moment to look back at what we've achieved in the past few days and see what we've got to look forward to in the week to come.
Following last week's release of BasicSwap v0.14.4, we've reviewed and begun work on the next milestones planned for the new release cycle.
While we've implemented a significant portion of what's required to provide BasicSwap with multi-net support (the ability for BasicSwap to relay data messages such as offers, swap data, or identities using networks other than SMSG), this new functionality is not yet fully operational.
We're continuing development in this area and expect to complete a proof of concept using Simplex as the first integrated network relatively soon. As a reminder, this implementation standardizes messages and encrypts them using SMSG's methodology, allowing almost any data or messaging network to relay BasicSwap messages such as Telegram, IRC, Torrent/P2P networks, and others. As a significant plus, all messages are encrypted before broadcast, meaning that this approach presents minimal privacy compromises.
After completing multi-net support, our next focus will likely be implementing support for light wallets or remote nodes for most coins available on BasicSwap. This will allow you to set up BasicSwap without syncing a full node or storing the entire blockchain on your device, significantly improving setup time and convenience.
Note that this feature will be offered as an option, allowing you to still set up the DEX using full nodes for maximum security and privacy if preferred.
Integrating the current market making tools into BasicSwap's GUI is now this month's main front-end focus. While we intended to make more progress on it last month, a lot of time was spent refactoring the UI's back-end code which will pay off in the long-term and make BasicSwap better structured and easier for contributors to jump in.
Another area we plan to advance during the next development cycle is the addition of advanced data visualization in the order book, notably depth charts for each trading pair and split order book displaying buy and sell offers on separate sides
These improvements will bring BasicSwap's order book experience closer to what users expect when interacting with centralized exchanges, bridging the gap between traditional platforms and decentralized trading—allowing users to enjoy convenience benefits without the typical security trade-offs.
In addition to the major items mentioned above, we plan to investigate and implement a wide variety of general improvements, tweaks, and bug fixes over the next few weeks.
A few days ago, MEXC placed the PART trading pair in its Assessment Zone due to low order book liquidity and insufficient total value of PART coins deposited on the platform.
While this does not constitute a formal delisting yet, the exchange has communicated that the community must increase both liquidity and the total number of PART coins held on the exchange to maintain the listing.
Therefore, we invite community members who wish to preserve PART's presence on MEXC to consider contributing to order book liquidity and depositing some of their coins on the exchange.
As always, we thank you immensely for your passion and dedication to Particl and what it's working towards achieving. None of it would be possible without you all!
We wish you a great weekend we'll see you all back on Monday! ?
We're on a mission to create a private, independent, and pro-liberty digital economy that is fair and open to all. Learn more about what we do at any of the following links.
\n\nBe a part of the movement and join us in the fight for our freedoms by meeting the community and spreading the word far and wide!
Discord Telegram Element / Matrix
\nLearn more about Particl with these in-depth resources.
\nWebsite \nBasicSwap DEX\nAcademy\nWiki
\nFollow the link below to get a list of all other useful Particl-related links you may find helpful.
![\"\"](\"/glink/2025/04/image-1.png\")
As the week ends, let's take a moment to look back at what we've achieved in the past few days and see what we've got to look forward to in the week to come.
Following last week's release of BasicSwap v0.14.4, we've reviewed and begun work on the next milestones planned for the new release cycle.
While we've implemented a significant portion of what's required to provide BasicSwap with multi-net support (the ability for BasicSwap to relay data messages such as offers, swap data, or identities using networks other than SMSG), this new functionality is not yet fully operational.
We're continuing development in this area and expect to complete a proof of concept using Simplex as the first integrated network relatively soon. As a reminder, this implementation standardizes messages and encrypts them using SMSG's methodology, allowing almost any data or messaging network to relay BasicSwap messages such as Telegram, IRC, Torrent/P2P networks, and others. As a significant plus, all messages are encrypted before broadcast, meaning that this approach presents minimal privacy compromises.
After completing multi-net support, our next focus will likely be implementing support for light wallets or remote nodes for most coins available on BasicSwap. This will allow you to set up BasicSwap without syncing a full node or storing the entire blockchain on your device, significantly improving setup time and convenience.
Note that this feature will be offered as an option, allowing you to still set up the DEX using full nodes for maximum security and privacy if preferred.
Integrating the current market making tools into BasicSwap's GUI is now this month's main front-end focus. While we intended to make more progress on it last month, a lot of time was spent refactoring the UI's back-end code which will pay off in the long-term and make BasicSwap better structured and easier for contributors to jump in.
Another area we plan to advance during the next development cycle is the addition of advanced data visualization in the order book, notably depth charts for each trading pair and split order book displaying buy and sell offers on separate sides
These improvements will bring BasicSwap's order book experience closer to what users expect when interacting with centralized exchanges, bridging the gap between traditional platforms and decentralized trading—allowing users to enjoy convenience benefits without the typical security trade-offs.
In addition to the major items mentioned above, we plan to investigate and implement a wide variety of general improvements, tweaks, and bug fixes over the next few weeks.
A few days ago, MEXC placed the PART trading pair in its Assessment Zone due to low order book liquidity and insufficient total value of PART coins deposited on the platform.
While this does not constitute a formal delisting yet, the exchange has communicated that the community must increase both liquidity and the total number of PART coins held on the exchange to maintain the listing.
Therefore, we invite community members who wish to preserve PART's presence on MEXC to consider contributing to order book liquidity and depositing some of their coins on the exchange.
As always, we thank you immensely for your passion and dedication to Particl and what it's working towards achieving. None of it would be possible without you all!
We wish you a great weekend we'll see you all back on Monday! ?
We're on a mission to create a private, independent, and pro-liberty digital economy that is fair and open to all. Learn more about what we do at any of the following links.
\n\nBe a part of the movement and join us in the fight for our freedoms by meeting the community and spreading the word far and wide!
Discord Telegram Element / Matrix
\nLearn more about Particl with these in-depth resources.
\nWebsite \nBasicSwap DEX\nAcademy\nWiki
\nFollow the link below to get a list of all other useful Particl-related links you may find helpful.
![](\"https://particl.news/glink/2025/04/image.png\")
As the week ends, let's take a moment to look back at what we've achieved in the past few days and see what we've got to look forward to in the week to come.
cryptoguard![](\"https://particl.news/static/f2f72fa9797b4dff962ae2c273c6de15/medium_bsx_14.4.jpg\")
Earlier this week, we've pushed a rather large BasicSwap update, bumping its codebase version to 0.14.4 and its UI version to 3.2.1. This update includes a large amount of changes, with notable mentions for a significant UI refactor, the addition of client authentication, multi-net support, order acceptance knowledge, and much more.
Due to changes in the data structure of BasicSwap-related SMSG messages, previous instances of the DEX are not forward-compatible with this new version. This means that offers posted from updated instances will not appear on older instances. All users must update to maintain full network connectivity.
For this reason, head over to the release blog post if you haven't updated BasicSwap yet and make sure to do so.
Link :https://particl.news/mandatory-basicswap-update-v0-14-4/
While a preliminary portion of what's needed for complete multi-net support has been released with this update, we're continuing to work on a range of other components that will make BasicSwap fully compatible with any messaging or data networks.
After completing multi-net support, our next focus will likely be implementing support for light wallets or remote nodes for most coins available on BasicSwap. This will allow you to set up BasicSwap without syncing a full node or storing the entire blockchain on your device, significantly improving setup time and convenience.
Note that this feature will be offered as an option, allowing you to still set up the DEX using full nodes for maximum security and privacy if preferred.
While we intended to integrate market making and advanced trading into the UI earlier, we've spent most of the past month refactoring the user interface's backend. Now that this work is complete, we'll resume development on these features.
Another area we plan to advance during the next development cycle is the addition of advanced data visualization in the order book, notably depth charts for each trading pair and split order book displaying buy and sell offers on separate sides
These improvements will bring BasicSwap's order book experience closer to what users expect when interacting with centralized exchanges, bridging the gap between traditional platforms and decentralized trading—allowing users to enjoy convenience benefits without the typical security trade-offs.
A few days ago, MEXC placed the PART trading pair in its Assessment Zone due to low order book liquidity and insufficient total value of PART coins deposited on the platform.
While this does not constitute a formal delisting yet, the exchange has communicated that the community must increase both liquidity and the total number of PART coins held on the exchange to maintain the listing.
Therefore, we invite community members who wish to preserve PART's presence on MEXC to consider contributing to order book liquidity and depositing some of their coins on the exchange.
As always, we thank you immensely for your passion and dedication to Particl and what it's working towards achieving. None of it would be possible without you all!
We wish you a great weekend we'll see you all back on Monday! ?
We're on a mission to create a private, independent, and pro-liberty digital economy that is fair and open to all. Learn more about what we do at any of the following links.
\n\nBe a part of the movement and join us in the fight for our freedoms by meeting the community and spreading the word far and wide!
Discord Telegram Element / Matrix
\nLearn more about Particl with these in-depth resources.
\nWebsite \nBasicSwap DEX\nAcademy\nWiki
\nFollow the link below to get a list of all other useful Particl-related links you may find helpful.
As the week ends, let's take a moment to look back at what we've achieved in the past few days and see what we've got to look forward to in the week to come.
cryptoguardEarlier this week, we've pushed a rather large BasicSwap update, bumping its codebase version to 0.14.4 and its UI version to 3.2.1. This update includes a large amount of changes, with notable mentions for a significant UI refactor, the addition of client authentication, multi-net support, order acceptance knowledge, and much more.
Due to changes in the data structure of BasicSwap-related SMSG messages, previous instances of the DEX are not forward-compatible with this new version. This means that offers posted from updated instances will not appear on older instances. All users must update to maintain full network connectivity.
For this reason, head over to the release blog post if you haven't updated BasicSwap yet and make sure to do so.
Link :https://particl.news/mandatory-basicswap-update-v0-14-4/
While a preliminary portion of what's needed for complete multi-net support has been released with this update, we're continuing to work on a range of other components that will make BasicSwap fully compatible with any messaging or data networks.
After completing multi-net support, our next focus will likely be implementing support for light wallets or remote nodes for most coins available on BasicSwap. This will allow you to set up BasicSwap without syncing a full node or storing the entire blockchain on your device, significantly improving setup time and convenience.
Note that this feature will be offered as an option, allowing you to still set up the DEX using full nodes for maximum security and privacy if preferred.
While we intended to integrate market making and advanced trading into the UI earlier, we've spent most of the past month refactoring the user interface's backend. Now that this work is complete, we'll resume development on these features.
Another area we plan to advance during the next development cycle is the addition of advanced data visualization in the order book, notably depth charts for each trading pair and split order book displaying buy and sell offers on separate sides
These improvements will bring BasicSwap's order book experience closer to what users expect when interacting with centralized exchanges, bridging the gap between traditional platforms and decentralized trading—allowing users to enjoy convenience benefits without the typical security trade-offs.
A few days ago, MEXC placed the PART trading pair in its Assessment Zone due to low order book liquidity and insufficient total value of PART coins deposited on the platform.
While this does not constitute a formal delisting yet, the exchange has communicated that the community must increase both liquidity and the total number of PART coins held on the exchange to maintain the listing.
Therefore, we invite community members who wish to preserve PART's presence on MEXC to consider contributing to order book liquidity and depositing some of their coins on the exchange.
As always, we thank you immensely for your passion and dedication to Particl and what it's working towards achieving. None of it would be possible without you all!
We wish you a great weekend we'll see you all back on Monday! ?
We're on a mission to create a private, independent, and pro-liberty digital economy that is fair and open to all. Learn more about what we do at any of the following links.
\n\nBe a part of the movement and join us in the fight for our freedoms by meeting the community and spreading the word far and wide!
Discord Telegram Element / Matrix
\nLearn more about Particl with these in-depth resources.
\nWebsite \nBasicSwap DEX\nAcademy\nWiki
\nFollow the link below to get a list of all other useful Particl-related links you may find helpful.
![](\"http://localhost:2368/content/images/2025/04/blog_bsx_14.4.jpg\")
IMPORTANT: This update is mandatory. Due to changes in the data structure of BasicSwap-related SMSG messages, previous instances of the DEX are not forward-compatible with this new version. This means that offers posted from updated instances will not appear on older instances. All users must update to maintain full network connectivity.
After 171 commits over 164 files changed coming from 6 different contributors, we are excited to announce the release of a significant BasicSwap update (v0.14.4) along with an update to its user interface, now at version 3.2.1.
![](\"http://localhost:2368/content/images/2025/04/bsx_2.jpg\")
![](\"http://localhost:2368/content/images/2025/04/bsx_1.png\")
This substantial update represents weeks of dedicated effort, incorporating numerous improvements, bug fixes, new features, and significant refactors of different core components of the system. The changes stem from extensive testing by both contributors and community members, resulting in a significant step forward for user experience and platform stability.
While this update is massive in scope, many changes are backend changes to improve efficiency, stability, and cross-compatibility. However, several significant user experience enhancements are worth highlighting.
We've made several updates to the various coins available on BasicSwap DEX. Whether these updates involve new core versions or integration improvements, we highly recommend updating your node versions as soon as possible.
A major refactoring of the user interface code has occurred over the last couple of weeks. While these changes primarily involve code organization and better practices that aren't immediately apparent to end users, we've also implemented numerous UI upgrades, including:
The interface changes since our last version (v0.14.4) are substantial, and you'll miss out on many new features and improvements if you don't update.
We've added the ability to configure your BasicSwap instance with client authentication. This feature protects both the webUI and API port access with a password of your choosing.
This is vital if you're running BasicSwap on a cloud server or using the market-making companion script in a network environment you don't completely trust. To set up client authentication, please refer to the installation documentation.
We've pushed to master the preliminary code for upcoming multi network support for BasicSwap. We've deployed the first phase of a significant infrastructure update to our networking architecture. This new feature, currently called \"multi-net,\" enables BasicSwap to distribute swap, offer, and bid messages across multiple messaging networks beyond SMSG when the primary network experiences high load.
Since all messages adhere to a unified encryption and formatting standard, even non-decentralized networks (such as Telegram or email) could be utilized without compromising user privacy or security.
This new functionality delivers several key benefits:
While the foundation is now in place, further development is still needed before the implementation becomes fully usable. The current proof of concept using Simplex broadcasts messages to the entire group rather than targeting specific recipients — an inefficiency we're addressing given Simplex's limitations.
The core architecture is designed to extend SMSG functionality across various networks. All messages maintain SMSG encryption and message IDs for consistency, although additional work is required to ensure full compatibility of Python SMSG messages across all networks and to add convenience functions for submitting pre-formed SMSG messages. Currently, this new system pushes to the core through P2P connections (for SMSG testing) but doesn't yet join the SMSG and Simplex networks.
Not to be overlooked is the important advantage of this approach in its flexibility regarding network requirements. Since messages are (or will be) fully valid SMSG entities, they can be transmitted over plaintext networks like Telegram, Delta, or even Pastebin. Email systems supporting POP3/IMAP protocols are particularly well-suited for more decentralization-focused users. It's worth noting that centralized options, including Simplex, may still expose some information pseudonymously about which accounts are communicating with each other.
When publishing a new offer, the SMSG messages relaying its details to the rest of the network now carry information about whether the offer is set to automatically accept bids. This information is also displayed on an offer's page before submitting a bid, helping you make better-informed decisions about which offers to bid on.
Please note that this change means previous instances of BasicSwap will not be able to properly resolve offer messages from up-to-date instances. Updating your BasicSwap instance is mandatory to receive all offers from the network. However, offer messages from older instances remain compatible with the new version, so upgrading now carries no downside.
We've migrated BasicSwap's documentation from the Particl Academy (which uses ReadTheDocs) to a more maintainable and flexible platform (Docusaurus) at docs.basicswapdex.com. While we'll maintain the BasicSwap documentation on the Particl Academy, all new updates will be provided at the new location.
Due to a significant change in what data is carried in BasicSwap-related messages, it is mandatory to update the DEX. Failure to do so will result in your instance not picking up messages from up-to-date instances.
To install the new update, which includes both the codebase and user interface updates, simply update BasicSwap through the usual process (video walkthrough) and launch the DEX again.
If you've installed BasicSwap following the Docker method...
docker-compose stop),basicswap folder, type the git pull command,/docker folder, run the docker-compose build --no-cache command,docker-compose up command.Note: Depending on your Docker version, adding a dash betweendockerandcomposemay not be necessary and may instead throw an error.
If you've installed BasicSwap following the non-Docker method...
~/coinswaps/basicswap folder, type the git pull command,pip install --require-hashes -r requirements.txt,pip3 install .,If you've installed BasicSwap using Nahuhh's Github installation script...
bsx-update && bsx-update.trusted_daemon setting to true by defaultpricemulti endpoint for multiple coinslookupFiatRates debug messagedebug_ui mode--upgradecores to basicswap-prepare scriptwallet_name option to basicswap.jsonsignal_handlerbasicswap-prepare can now use original UTXO snapshot signaturebasicswap-prepare now compare full PGP fingerprintbasicswap-prepape now properly work with encrypted walletsbasicswap-prepare now makes the setup config permamentcheckWallets regression (must rename watchonly wallet also)safe_logs option to anonymize logs and protect sensitive datagetCoinIdFromTickercan_accept upgraded databasesaddcoin scriptBrokenPipeErrorsexpect_seed after wallet creationcheckSplitMessagestest_xmr_persistent with Bitcoin v28.0test_scripts.pyBaseTestWithPreparetest_prepare and added it to CItest_swap_direction testtest_btc_xmr on WindowsYou can inspect all changes by verifying the 0.14.2 comparison page here.
We're on a mission to create a private, independent, and pro-liberty digital economy that is fair and open to all. Learn more about what we do at any of the following links.
\n\nBe a part of the movement and join us in the fight for our freedoms by meeting the community and spreading the word far and wide!
Discord Telegram Element / Matrix
\nLearn more about Particl with these in-depth resources.
\nWebsite \nBasicSwap DEX\nAcademy\nWiki
\nFollow the link below to get a list of all other useful Particl-related links you may find helpful.
![\"\"](\"/glink/2025/04/blog_bsx_14.4.jpg\")
IMPORTANT: This update is mandatory. Due to changes in the data structure of BasicSwap-related SMSG messages, previous instances of the DEX are not forward-compatible with this new version. This means that offers posted from updated instances will not appear on older instances. All users must update to maintain full network connectivity.
After 171 commits over 164 files changed coming from 6 different contributors, we are excited to announce the release of a significant BasicSwap update (v0.14.4) along with an update to its user interface, now at version 3.2.1.
![\"\"](\"/glink/2025/04/bsx_2.jpg\")
![\"\"](\"/glink/2025/04/bsx_1.png\")
This substantial update represents weeks of dedicated effort, incorporating numerous improvements, bug fixes, new features, and significant refactors of different core components of the system. The changes stem from extensive testing by both contributors and community members, resulting in a significant step forward for user experience and platform stability.
While this update is massive in scope, many changes are backend changes to improve efficiency, stability, and cross-compatibility. However, several significant user experience enhancements are worth highlighting.
We've made several updates to the various coins available on BasicSwap DEX. Whether these updates involve new core versions or integration improvements, we highly recommend updating your node versions as soon as possible.
A major refactoring of the user interface code has occurred over the last couple of weeks. While these changes primarily involve code organization and better practices that aren't immediately apparent to end users, we've also implemented numerous UI upgrades, including:
The interface changes since our last version (v0.14.4) are substantial, and you'll miss out on many new features and improvements if you don't update.
We've added the ability to configure your BasicSwap instance with client authentication. This feature protects both the webUI and API port access with a password of your choosing.
This is vital if you're running BasicSwap on a cloud server or using the market-making companion script in a network environment you don't completely trust. To set up client authentication, please refer to the installation documentation.
We've pushed to master the preliminary code for upcoming multi network support for BasicSwap. We've deployed the first phase of a significant infrastructure update to our networking architecture. This new feature, currently called \"multi-net,\" enables BasicSwap to distribute swap, offer, and bid messages across multiple messaging networks beyond SMSG when the primary network experiences high load.
Since all messages adhere to a unified encryption and formatting standard, even non-decentralized networks (such as Telegram or email) could be utilized without compromising user privacy or security.
This new functionality delivers several key benefits:
While the foundation is now in place, further development is still needed before the implementation becomes fully usable. The current proof of concept using Simplex broadcasts messages to the entire group rather than targeting specific recipients — an inefficiency we're addressing given Simplex's limitations.
The core architecture is designed to extend SMSG functionality across various networks. All messages maintain SMSG encryption and message IDs for consistency, although additional work is required to ensure full compatibility of Python SMSG messages across all networks and to add convenience functions for submitting pre-formed SMSG messages. Currently, this new system pushes to the core through P2P connections (for SMSG testing) but doesn't yet join the SMSG and Simplex networks.
Not to be overlooked is the important advantage of this approach in its flexibility regarding network requirements. Since messages are (or will be) fully valid SMSG entities, they can be transmitted over plaintext networks like Telegram, Delta, or even Pastebin. Email systems supporting POP3/IMAP protocols are particularly well-suited for more decentralization-focused users. It's worth noting that centralized options, including Simplex, may still expose some information pseudonymously about which accounts are communicating with each other.
When publishing a new offer, the SMSG messages relaying its details to the rest of the network now carry information about whether the offer is set to automatically accept bids. This information is also displayed on an offer's page before submitting a bid, helping you make better-informed decisions about which offers to bid on.
Please note that this change means previous instances of BasicSwap will not be able to properly resolve offer messages from up-to-date instances. Updating your BasicSwap instance is mandatory to receive all offers from the network. However, offer messages from older instances remain compatible with the new version, so upgrading now carries no downside.
We've migrated BasicSwap's documentation from the Particl Academy (which uses ReadTheDocs) to a more maintainable and flexible platform (Docusaurus) at docs.basicswapdex.com. While we'll maintain the BasicSwap documentation on the Particl Academy, all new updates will be provided at the new location.
Due to a significant change in what data is carried in BasicSwap-related messages, it is mandatory to update the DEX. Failure to do so will result in your instance not picking up messages from up-to-date instances.
To install the new update, which includes both the codebase and user interface updates, simply update BasicSwap through the usual process (video walkthrough) and launch the DEX again.
If you've installed BasicSwap following the Docker method...
docker-compose stop),basicswap folder, type the git pull command,/docker folder, run the docker-compose build --no-cache command,docker-compose up command.Note: Depending on your Docker version, adding a dash betweendockerandcomposemay not be necessary and may instead throw an error.
If you've installed BasicSwap following the non-Docker method...
~/coinswaps/basicswap folder, type the git pull command,pip install --require-hashes -r requirements.txt,pip3 install .,If you've installed BasicSwap using Nahuhh's Github installation script...
bsx-update && bsx-update.trusted_daemon setting to true by defaultpricemulti endpoint for multiple coinslookupFiatRates debug messagedebug_ui mode--upgradecores to basicswap-prepare scriptwallet_name option to basicswap.jsonsignal_handlerbasicswap-prepare can now use original UTXO snapshot signaturebasicswap-prepare now compare full PGP fingerprintbasicswap-prepape now properly work with encrypted walletsbasicswap-prepare now makes the setup config permamentcheckWallets regression (must rename watchonly wallet also)safe_logs option to anonymize logs and protect sensitive datagetCoinIdFromTickercan_accept upgraded databasesaddcoin scriptBrokenPipeErrorsexpect_seed after wallet creationcheckSplitMessagestest_xmr_persistent with Bitcoin v28.0test_scripts.pyBaseTestWithPreparetest_prepare and added it to CItest_swap_direction testtest_btc_xmr on WindowsYou can inspect all changes by verifying the 0.14.2 comparison page here.
We're on a mission to create a private, independent, and pro-liberty digital economy that is fair and open to all. Learn more about what we do at any of the following links.
\n\nBe a part of the movement and join us in the fight for our freedoms by meeting the community and spreading the word far and wide!
Discord Telegram Element / Matrix
\nLearn more about Particl with these in-depth resources.
\nWebsite \nBasicSwap DEX\nAcademy\nWiki
\nFollow the link below to get a list of all other useful Particl-related links you may find helpful.
As the week ends, let's take a moment to look back at what we've achieved in the past few days and see what we've got to look forward to in the week to come.
This week, we've merged a few pull requests into the dev branch.
checkSplitMessages (1)Additionally, we've got several updates sitting in pull requests that are currently in progress and will soon be merged to the dev branch:
basicswap_prepare setup config persistent (1)We’re planning to merge the dev branch into master within the next few days an will be sure to notify everyone once the production update is live.
basicswapOn top of the updates mentioned in the section above, we've pushed more changes to the user interface as part of the broader refactoring process we've been going through for the past few weeks.
coin-manager.js,AutoRefreshEnabled as true by default,basicswapWe've deployed the first phase of a significant infrastructure update to our networking architecture. This new feature, currently called \"multi-net,\" enables BasicSwap to distribute swap, offer, and bid messages across multiple messaging networks beyond SMSG when the primary network experiences high load.
Since all messages adhere to a unified encryption and formatting standard, even non-decentralized networks (such as Telegram or email) could be utilized without compromising user privacy or security.
This new functionality delivers several key benefits:
While the foundation is now in place, further development is still needed before the implementation becomes fully usable. The current proof of concept using Simplex broadcasts messages to the entire group rather than targeting specific recipients — an inefficiency we're addressing given Simplex's limitations.
The core architecture is designed to extend SMSG functionality across various networks. All messages maintain SMSG encryption and message IDs for consistency, although additional work is required to ensure full compatibility of Python SMSG messages across all networks and to add convenience functions for submitting pre-formed SMSG messages. Currently, this new system pushes to the core through P2P connections (for SMSG testing) but doesn't yet join the SMSG and Simplex networks.
Not to be overlooked is the important advantage of this approach in its flexibility regarding network requirements. Since messages are (or will be) fully valid SMSG entities, they can be transmitted over plaintext networks like Telegram, Delta, or even Pastebin. Email systems supporting POP3/IMAP protocols are particularly well-suited for more decentralization-focused users. It's worth noting that centralized options, including Simplex, may still expose some information pseudonymously about which accounts are communicating with each other.
As always, we thank you immensely for your passion and dedication to Particl and what it's working towards achieving. None of it would be possible without you all!
We wish you a great weekend we'll see you all back on Monday! ?
We're on a mission to create a private, independent, and pro-liberty digital economy that is fair and open to all. Learn more about what we do at any of the following links.
\n\nBe a part of the movement and join us in the fight for our freedoms by meeting the community and spreading the word far and wide!
Discord Telegram Element / Matrix
\nLearn more about Particl with these in-depth resources.
\nWebsite \nBasicSwap DEX\nAcademy\nWiki
\nFollow the link below to get a list of all other useful Particl-related links you may find helpful.
As the week ends, let's take a moment to look back at what we've achieved in the past few days and see what we've got to look forward to in the week to come.
This week, we've merged a few pull requests into the dev branch.
checkSplitMessages (1)Additionally, we've got several updates sitting in pull requests that are currently in progress and will soon be merged to the dev branch:
basicswap_prepare setup config persistent (1)We’re planning to merge the dev branch into master within the next few days an will be sure to notify everyone once the production update is live.
basicswapOn top of the updates mentioned in the section above, we've pushed more changes to the user interface as part of the broader refactoring process we've been going through for the past few weeks.
coin-manager.js,AutoRefreshEnabled as true by default,basicswapWe've deployed the first phase of a significant infrastructure update to our networking architecture. This new feature, currently called \"multi-net,\" enables BasicSwap to distribute swap, offer, and bid messages across multiple messaging networks beyond SMSG when the primary network experiences high load.
Since all messages adhere to a unified encryption and formatting standard, even non-decentralized networks (such as Telegram or email) could be utilized without compromising user privacy or security.
This new functionality delivers several key benefits:
While the foundation is now in place, further development is still needed before the implementation becomes fully usable. The current proof of concept using Simplex broadcasts messages to the entire group rather than targeting specific recipients — an inefficiency we're addressing given Simplex's limitations.
The core architecture is designed to extend SMSG functionality across various networks. All messages maintain SMSG encryption and message IDs for consistency, although additional work is required to ensure full compatibility of Python SMSG messages across all networks and to add convenience functions for submitting pre-formed SMSG messages. Currently, this new system pushes to the core through P2P connections (for SMSG testing) but doesn't yet join the SMSG and Simplex networks.
Not to be overlooked is the important advantage of this approach in its flexibility regarding network requirements. Since messages are (or will be) fully valid SMSG entities, they can be transmitted over plaintext networks like Telegram, Delta, or even Pastebin. Email systems supporting POP3/IMAP protocols are particularly well-suited for more decentralization-focused users. It's worth noting that centralized options, including Simplex, may still expose some information pseudonymously about which accounts are communicating with each other.
As always, we thank you immensely for your passion and dedication to Particl and what it's working towards achieving. None of it would be possible without you all!
We wish you a great weekend we'll see you all back on Monday! ?
We're on a mission to create a private, independent, and pro-liberty digital economy that is fair and open to all. Learn more about what we do at any of the following links.
\n\nBe a part of the movement and join us in the fight for our freedoms by meeting the community and spreading the word far and wide!
Discord Telegram Element / Matrix
\nLearn more about Particl with these in-depth resources.
\nWebsite \nBasicSwap DEX\nAcademy\nWiki
\nFollow the link below to get a list of all other useful Particl-related links you may find helpful.
![](\"http://localhost:2368/content/images/2025/04/image.png\")
As the week ends, let's take a moment to look back at what we've achieved in the past few days and see what we've got to look forward to in the week to come.
This week, we've pushed a lot of code, both on the dev branch and in currently outstanding pull requests:
expect_seed after creation for BCG — BCH must be reseeded manually as sethdseed is disabled during IBD (1)trusted_daemon to true for Monero (1)addcoin command with wallet encryption (1)generate_from_keys's walletrpctimeoutlong setting for Monero (1)basicswap-prepare (1)basicswapWe've also pushed additional refactoring code as a pull request, which should be merged shortly:
sortTable bug,To improve network reliability, we are integrating the Simplex network as a fallback for our current SMSG messaging system. This will mitigate potential service disruptions if SMSG becomes overloaded or fails, particularly during periods of high BasicSwap usage.
While our long-term plan is to achieve improved scalability with SMSG 2.0 later this year, adding Simplex now provides an essential short-term safeguard, ensuring stability while we develop the more robust, permanent solution.
As always, we thank you immensely for your passion and dedication to Particl and what it's working towards achieving. None of it would be possible without you all!
We wish you a great weekend we'll see you all back on Monday! ?
We're on a mission to create a private, independent, and pro-liberty digital economy that is fair and open to all. Learn more about what we do at any of the following links.
\n\nBe a part of the movement and join us in the fight for our freedoms by meeting the community and spreading the word far and wide!
Discord Telegram Element / Matrix
\nLearn more about Particl with these in-depth resources.
\nWebsite \nBasicSwap DEX\nAcademy\nWiki
\nFollow the link below to get a list of all other useful Particl-related links you may find helpful.
![\"\"](\"/glink/2025/04/image.png\")
As the week ends, let's take a moment to look back at what we've achieved in the past few days and see what we've got to look forward to in the week to come.
This week, we've pushed a lot of code, both on the dev branch and in currently outstanding pull requests:
expect_seed after creation for BCG — BCH must be reseeded manually as sethdseed is disabled during IBD (1)trusted_daemon to true for Monero (1)addcoin command with wallet encryption (1)generate_from_keys's walletrpctimeoutlong setting for Monero (1)basicswap-prepare (1)basicswapWe've also pushed additional refactoring code as a pull request, which should be merged shortly:
sortTable bug,To improve network reliability, we are integrating the Simplex network as a fallback for our current SMSG messaging system. This will mitigate potential service disruptions if SMSG becomes overloaded or fails, particularly during periods of high BasicSwap usage.
While our long-term plan is to achieve improved scalability with SMSG 2.0 later this year, adding Simplex now provides an essential short-term safeguard, ensuring stability while we develop the more robust, permanent solution.
As always, we thank you immensely for your passion and dedication to Particl and what it's working towards achieving. None of it would be possible without you all!
We wish you a great weekend we'll see you all back on Monday! ?
We're on a mission to create a private, independent, and pro-liberty digital economy that is fair and open to all. Learn more about what we do at any of the following links.
\n\nBe a part of the movement and join us in the fight for our freedoms by meeting the community and spreading the word far and wide!
Discord Telegram Element / Matrix
\nLearn more about Particl with these in-depth resources.
\nWebsite \nBasicSwap DEX\nAcademy\nWiki
\nFollow the link below to get a list of all other useful Particl-related links you may find helpful.
![](\"https://particl.news/glink/2024/12/image.png\")
As the week ends, let's take a moment to look back at what we've achieved in the past few days and see what we've got to look forward to in the week to come.
We're still continuing our research into adding additional data and messaging networks on BasicSwap to act as fallback options and to help load balance in case of high usage of the platform.
Additionally to that, we've pushed a series of fixes and improvements to the codebase:
debui_ui (1)walletrpctimeoutlong setting for generate_from_keys (1)trusted_daemon setting to true (1)basicswapWe've implemented a significant user interface refactoring earlier this week, which greatly improves the code structure by organizing its JavaScript into clearly defined modules.
While it generally won't affect end-users (there are only minor changes to what's visible), it makes the codebase cleaner and easier to navigate for contributors, on top of following better code health standards.
The refactor includes the following items:
Although BasicSwap has featured two companion scripts for market making and advanced trading for some time, they have operated separately from the main application and required independent execution.
Beginning in the later part of this week, we started developing a new page that will integrate these functionalities directly into the user interface. This will enable users to perform market making and advanced trading operations directly from the main interface without running additional scripts.
Initially, these features will be available on a dedicated page to ensure smooth integration. As a second phase, we plan to incorporate some of these capabilities into the regular new offer workflow.
This integration now represents our primary focus for front-end development, and we will provide regular updates on our progress.
https://x.com/firoorg/status/1902286609611157992
Don't miss our upcoming Privacy Roundtable on X Spaces with our friend from PIVX and Firo and a special guest from the Coinomi wallet tomorrow, this coming 29th of March at 9:00 AM EST!
As always, we thank you immensely for your passion and dedication to Particl and what it's working towards achieving. None of it would be possible without you all!
We wish you a great weekend we'll see you all back on Monday! ?
We're on a mission to create a private, independent, and pro-liberty digital economy that is fair and open to all. Learn more about what we do at any of the following links.
\n\nBe a part of the movement and join us in the fight for our freedoms by meeting the community and spreading the word far and wide!
Discord Telegram Element / Matrix
\nLearn more about Particl with these in-depth resources.
\nWebsite \nBasicSwap DEX\nAcademy\nWiki
\nFollow the link below to get a list of all other useful Particl-related links you may find helpful.
As the week ends, let's take a moment to look back at what we've achieved in the past few days and see what we've got to look forward to in the week to come.
We're still continuing our research into adding additional data and messaging networks on BasicSwap to act as fallback options and to help load balance in case of high usage of the platform.
Additionally to that, we've pushed a series of fixes and improvements to the codebase:
debui_ui (1)walletrpctimeoutlong setting for generate_from_keys (1)trusted_daemon setting to true (1)basicswapWe've implemented a significant user interface refactoring earlier this week, which greatly improves the code structure by organizing its JavaScript into clearly defined modules.
While it generally won't affect end-users (there are only minor changes to what's visible), it makes the codebase cleaner and easier to navigate for contributors, on top of following better code health standards.
The refactor includes the following items:
Although BasicSwap has featured two companion scripts for market making and advanced trading for some time, they have operated separately from the main application and required independent execution.
Beginning in the later part of this week, we started developing a new page that will integrate these functionalities directly into the user interface. This will enable users to perform market making and advanced trading operations directly from the main interface without running additional scripts.
Initially, these features will be available on a dedicated page to ensure smooth integration. As a second phase, we plan to incorporate some of these capabilities into the regular new offer workflow.
This integration now represents our primary focus for front-end development, and we will provide regular updates on our progress.
https://x.com/firoorg/status/1902286609611157992
Don't miss our upcoming Privacy Roundtable on X Spaces with our friend from PIVX and Firo and a special guest from the Coinomi wallet tomorrow, this coming 29th of March at 9:00 AM EST!
As always, we thank you immensely for your passion and dedication to Particl and what it's working towards achieving. None of it would be possible without you all!
We wish you a great weekend we'll see you all back on Monday! ?
We're on a mission to create a private, independent, and pro-liberty digital economy that is fair and open to all. Learn more about what we do at any of the following links.
\n\nBe a part of the movement and join us in the fight for our freedoms by meeting the community and spreading the word far and wide!
Discord Telegram Element / Matrix
\nLearn more about Particl with these in-depth resources.
\nWebsite \nBasicSwap DEX\nAcademy\nWiki
\nFollow the link below to get a list of all other useful Particl-related links you may find helpful.
As the week ends, let's take a moment to look back at what we've achieved in the past few days and see what we've got to look forward to in the week to come.
We're still continuing our research into adding additional data and messaging networks on BasicSwap to act as fallback options and to help load balance in case of high usage of the platform. We're currently testing various networks to assess their compatibility, and should have a clearer picture soon which one is suitable.
Additionally to that, we've pushed a series of fixes and improvements to the codebase:
can_accept for upgraded databases (1) test_prepare (1)test_prepare to CI (1)addcoin script that enables the addition of coins on the DEX (1)We're currently undertaking a significant refactoring of the GUI's JavaScript code. While these changes won't be visible to end users, they organize the code into better-defined classes and will make it considerably more digestible, particularly for external contributors interested in making code contributions.
We expect to complete this refactoring effort in the coming days. Once finished, we'll immediately begin working on integrating market making functionalities directly into the GUI. This development will substantially improve the user experience for those who regularly trade on BasicSwap.
As mentioned recently, the current development cycle for BasicSwap DEX will focus on the following items:
As always, we thank you immensely for your passion and dedication to Particl and what it's working towards achieving. None of it would be possible without you all!
We wish you a great weekend we'll see you all back on Monday! ?
We're on a mission to create a private, independent, and pro-liberty digital economy that is fair and open to all. Learn more about what we do at any of the following links.
\n\nBe a part of the movement and join us in the fight for our freedoms by meeting the community and spreading the word far and wide!
Discord Telegram Element / Matrix
\nLearn more about Particl with these in-depth resources.
\nWebsite \nBasicSwap DEX\nAcademy\nWiki
\nFollow the link below to get a list of all other useful Particl-related links you may find helpful.
As the week ends, let's take a moment to look back at what we've achieved in the past few days and see what we've got to look forward to in the week to come.
We're still continuing our research into adding additional data and messaging networks on BasicSwap to act as fallback options and to help load balance in case of high usage of the platform. We're currently testing various networks to assess their compatibility, and should have a clearer picture soon which one is suitable.
Additionally to that, we've pushed a series of fixes and improvements to the codebase:
can_accept for upgraded databases (1) test_prepare (1)test_prepare to CI (1)addcoin script that enables the addition of coins on the DEX (1)We're currently undertaking a significant refactoring of the GUI's JavaScript code. While these changes won't be visible to end users, they organize the code into better-defined classes and will make it considerably more digestible, particularly for external contributors interested in making code contributions.
We expect to complete this refactoring effort in the coming days. Once finished, we'll immediately begin working on integrating market making functionalities directly into the GUI. This development will substantially improve the user experience for those who regularly trade on BasicSwap.
As mentioned recently, the current development cycle for BasicSwap DEX will focus on the following items:
As always, we thank you immensely for your passion and dedication to Particl and what it's working towards achieving. None of it would be possible without you all!
We wish you a great weekend we'll see you all back on Monday! ?
We're on a mission to create a private, independent, and pro-liberty digital economy that is fair and open to all. Learn more about what we do at any of the following links.
\n\nBe a part of the movement and join us in the fight for our freedoms by meeting the community and spreading the word far and wide!
Discord Telegram Element / Matrix
\nLearn more about Particl with these in-depth resources.
\nWebsite \nBasicSwap DEX\nAcademy\nWiki
\nFollow the link below to get a list of all other useful Particl-related links you may find helpful.
As the week ends, let's take a moment to look back at what we've achieved in the past few days and see what we've got to look forward to in the week to come.
We've been continuing our research into adding additional data and messaging networks on BasicSwap to act as fallback options and to help load balance in case of high usage of the platform. We're currently testing various networks to assess their compatibility, and should have a clearer picture soon which one is suitable.
Additionally to that, we've pushed a series of fixes and improvements to the codebase:
As mentioned recently, the current development cycle for BasicSwap DEX will focus on the following items:
As always, we thank you immensely for your passion and dedication to Particl and what it's working towards achieving. None of it would be possible without you all!
We wish you a great weekend we'll see you all back on Monday! ?
We're on a mission to create a private, independent, and pro-liberty digital economy that is fair and open to all. Learn more about what we do at any of the following links.
\n\nBe a part of the movement and join us in the fight for our freedoms by meeting the community and spreading the word far and wide!
Discord Telegram Element / Matrix
\nLearn more about Particl with these in-depth resources.
\nWebsite \nBasicSwap DEX\nAcademy\nWiki
\nFollow the link below to get a list of all other useful Particl-related links you may find helpful.
As the week ends, let's take a moment to look back at what we've achieved in the past few days and see what we've got to look forward to in the week to come.
We've been continuing our research into adding additional data and messaging networks on BasicSwap to act as fallback options and to help load balance in case of high usage of the platform. We're currently testing various networks to assess their compatibility, and should have a clearer picture soon which one is suitable.
Additionally to that, we've pushed a series of fixes and improvements to the codebase:
As mentioned recently, the current development cycle for BasicSwap DEX will focus on the following items:
As always, we thank you immensely for your passion and dedication to Particl and what it's working towards achieving. None of it would be possible without you all!
We wish you a great weekend we'll see you all back on Monday! ?
We're on a mission to create a private, independent, and pro-liberty digital economy that is fair and open to all. Learn more about what we do at any of the following links.
\n\nBe a part of the movement and join us in the fight for our freedoms by meeting the community and spreading the word far and wide!
Discord Telegram Element / Matrix
\nLearn more about Particl with these in-depth resources.
\nWebsite \nBasicSwap DEX\nAcademy\nWiki
\nFollow the link below to get a list of all other useful Particl-related links you may find helpful.
As the week ends, let's take a moment to look back at what we've achieved in the past few days and see what we've got to look forward to in the week to come.
We've been continuing our research into adding additional data and messaging networks on BasicSwap to act as fallback options and to help load balance in case of high usage of the platform.
Additionally, to that, we've pushed a series of fixes and improvements to the codebase:
getCoinIdFromTicker (1)BaseTestWithPrepare test (1)As mentioned last week, we're now starting a new development cycle for BasicSwap DEX, with the following main items planned:
Integration of additional data/messaging layers to provide more redundancy and stability to BasicSwap;
As always, we thank you immensely for your passion and dedication to Particl and what it's working towards achieving. None of it would be possible without you all!
We wish you a great weekend we'll see you all back on Monday! ?
We're on a mission to create a private, independent, and pro-liberty digital economy that is fair and open to all. Learn more about what we do at any of the following links.
\n\nBe a part of the movement and join us in the fight for our freedoms by meeting the community and spreading the word far and wide!
Discord Telegram Element / Matrix
\nLearn more about Particl with these in-depth resources.
\nWebsite \nBasicSwap DEX\nAcademy\nWiki
\nFollow the link below to get a list of all other useful Particl-related links you may find helpful.
As the week ends, let's take a moment to look back at what we've achieved in the past few days and see what we've got to look forward to in the week to come.
We've been continuing our research into adding additional data and messaging networks on BasicSwap to act as fallback options and to help load balance in case of high usage of the platform.
Additionally, to that, we've pushed a series of fixes and improvements to the codebase:
getCoinIdFromTicker (1)BaseTestWithPrepare test (1)As mentioned last week, we're now starting a new development cycle for BasicSwap DEX, with the following main items planned:
Integration of additional data/messaging layers to provide more redundancy and stability to BasicSwap;
As always, we thank you immensely for your passion and dedication to Particl and what it's working towards achieving. None of it would be possible without you all!
We wish you a great weekend we'll see you all back on Monday! ?
We're on a mission to create a private, independent, and pro-liberty digital economy that is fair and open to all. Learn more about what we do at any of the following links.
\n\nBe a part of the movement and join us in the fight for our freedoms by meeting the community and spreading the word far and wide!
Discord Telegram Element / Matrix
\nLearn more about Particl with these in-depth resources.
\nWebsite \nBasicSwap DEX\nAcademy\nWiki
\nFollow the link below to get a list of all other useful Particl-related links you may find helpful.
As the week ends, let's take a moment to look back at what we've achieved in the past few days and see what we've got to look forward to in the week to come.
This week, we've merged the dev branch into master, bumping the GUI to version 3.2 at the same time.
Additionally, we've worked on a series of improvements and additions to both the codebase and the user interface.
![](\"http://localhost:2368/content/images/2025/02/signal-2025-02-28-150649_002.png\")
We'll publish a blog post detailing all the changes of this new version early next week!
With the new version of the GUI (3.2) out, we now embark on a new BasicSwap DEX development cycle. We're currently focusing on four different items:
We'll keep you updated as we progress on those items in our weekly reports!
As always, we thank you immensely for your passion and dedication to Particl and what it's working towards achieving. None of it would be possible without you all!
We wish you a great weekend we'll see you all back on Monday! ?
We're on a mission to create a private, independent, and pro-liberty digital economy that is fair and open to all. Learn more about what we do at any of the following links.
\n\nBe a part of the movement and join us in the fight for our freedoms by meeting the community and spreading the word far and wide!
Discord Telegram Element / Matrix
\nLearn more about Particl with these in-depth resources.
\nWebsite \nBasicSwap DEX\nAcademy\nWiki
\nFollow the link below to get a list of all other useful Particl-related links you may find helpful.
As the week ends, let's take a moment to look back at what we've achieved in the past few days and see what we've got to look forward to in the week to come.
This week, we've merged the dev branch into master, bumping the GUI to version 3.2 at the same time.
Additionally, we've worked on a series of improvements and additions to both the codebase and the user interface.
![\"\"](\"/glink/2025/02/signal-2025-02-28-150649_002.png\")
We'll publish a blog post detailing all the changes of this new version early next week!
With the new version of the GUI (3.2) out, we now embark on a new BasicSwap DEX development cycle. We're currently focusing on four different items:
We'll keep you updated as we progress on those items in our weekly reports!
As always, we thank you immensely for your passion and dedication to Particl and what it's working towards achieving. None of it would be possible without you all!
We wish you a great weekend we'll see you all back on Monday! ?
We're on a mission to create a private, independent, and pro-liberty digital economy that is fair and open to all. Learn more about what we do at any of the following links.
\n\nBe a part of the movement and join us in the fight for our freedoms by meeting the community and spreading the word far and wide!
Discord Telegram Element / Matrix
\nLearn more about Particl with these in-depth resources.
\nWebsite \nBasicSwap DEX\nAcademy\nWiki
\nFollow the link below to get a list of all other useful Particl-related links you may find helpful.