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.
New Development Update Strategy 🚨
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.
CCS Proposal — The Road to Hard Money 🛣️
cryptoguard
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:
- Removing the decentralised treasury model which currently directs 50% of the block reward to a community managed fund that has been used to support development of the Particl project since 2019.
- Immediately lower the current per annum inflation rate of the Particl blockchain from 7% to 3.5% until June 2026.
- Further lower the per per annum inflation rate by 0.5% per year over the following 5 year period until the per annum inflation rate is 1.0% (June 2031).
- To initiate a further community discussion and protocol vote around the time per annum inflation is 1.0% to decide if this should be further lowered to 0% and if so how.
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.
BasicSwap at the 2025 Litecoin Summit 💬
2025 Litecoin Summit
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).
The Open-Source Revolution
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.
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!
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Learn more about Particl with these in-depth resources.
Website BasicSwap DEX Academy Wiki
Follow the link below to get a list of all other useful Particl-related links you may find helpful.