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 📈

Multi-Net Support 🌐

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.

Market Making and Advanced Trading 🤖

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:

  • Added full functional AMM web GUI in BSX,
  • Added adjust_rates_based_on_market, which adjust rates based on existing market offers,
  • The control host/port is now queried from the basicswap.json and only shown under debug_ui,
  • The Files section is only visible when debug is enabled,
  • The AMM Logs section is only visible when debug_ui is enabled,
  • The buffering warning is fixed when starting the AMM process,
  • Moved the following settings to only be visible when debug_ui is enabled: Min Seconds Between Bids, Max Seconds Between Bids, Prune State Delay (seconds), and Prune State After (seconds),
  • Bug where editing an offer or bid always shows "Particl Particl" instead of the correct coin_from and coin_to values from the table,
  • Removed auto_accept_offers for bids,
  • Removed auto_accept_bids from the GUI (already the default behavior),
  • Made Adjust Rates Based on Market Per-Offer,
  • Removed the global adjust_rates_based_on_market setting,
  • Added adjust_rates_based_on_market checkbox to the offer form (both add and edit)
  • Added a note that it respects the rate tweak percent,
  • Updated the FAQ Section,
  • Updated the default JSON,
  • All fields from the default JSON configuration are now available in the UI,
  • The amount_variable field is always set to true by default and not exposed in the UI,
  • The swap_type, min_swap_amount, and amount_step fields are properly handled,
  • Updated swap_type with drop-down (Adaptor Sig, Secret Hash) based on what coins you select,
  • Fixed the PART/PART_ANON/PART_BLIND rate lookup issue. Also using the coin ID's and not the names,
  • Added get rate lookup button @ min rate,
  • Renamed and set "active" column hidden,
  • Offer valid seconds, use min val of 600,
  • Moved all related bids functions for now under debug,
  • Fixed small typo in unlock page,
  • Fixed decimal separator issue in modals,
  • Added option to prune/clear the state file,
  • Fixes small bug in header page,
  • AMM when debug (on) smaller logs / spam,
  • Fixed linting, code formatting, and additional clean up.

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 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).

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.

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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.

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Follow the link below to get a list of all other useful Particl-related links you may find helpful.

Useful Particl links