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.
BasicSwap 📈
BasicSwap Progress ⚙️
We've pushed, to the dev branch, a series of commits aimed at fixing a few bugs and updating tests:
- Deduplicate
getP2SHScriptForHash(1) - Fix LTC wallet creation test (1)
- Fix prefunded ITX (1)
- Disable
test_13_locked_xmrtest when XMR version >= 0.18.4 (1) - Fix issue with adaptor signature swaps when using Firo and other pairs (1)
On top of these minor commits, we've continued our work on the previously mentioned major deliverables for this current development cycle:
Multi-Net Support 🌐
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.
Market Making and Advanced Trading 🤖
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.
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.
General Updates and Maintenance ⚙️
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 at the Litecoin Summit in May 🗣️
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).
- More information: https://litecoin.com/summit-2025
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! 👋
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!
Discord Telegram Element / Matrix
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.