As this week of Christmas celebration ends, we hope you've taken the time to enjoy the holidays as much as possible and that you're well rested. 🎅
On our end, progress never stops, even during holidays, and we'd like to 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 📈
Dogecoin Integration 🧪
We are still in the final stages of the DOGE integration, with only a few remaining additions to complete, as well as proper testing to ensure they behave as expected in all cases, but we are now indeed in the final stage of the process.
Private Offers 👤
basicswapWe've now completed development of a new GUI feature that enables swap capabilities — a functionality that has been available in the back-end for some time but lacked an intuitive user interface.
Alongside private swap capabilities, we're introducing the first iteration of local identity reputation, a system that tracks your swap history and stats with specific trading partners.
On BasicSwap, users can either generate a new identity for each swap to maximize privacy, or they can choose to reuse the same identity to build reputation and relationships with fellow traders.
The new GUI simplifies reputation building by providing clear statistics on each identity used by your trading partners.
It's important to note that this initial reputation model is exclusively local — the statistics displayed only reflect your personal interaction history with each user. This data remains on your device and is not broadcast to the network, ensuring that privacy is maintained and no data is leaked.
While we have plans for a more comprehensive, network-wide, node-based reputation system in the future, this week's implementation represents a significant step toward providing more reputation data on BasicSwap.
For users planning to act as market makers, liquidity providers, or frequent traders on BasicSwap, we recommend considering whether building reputation with one or more identities could benefit your trading strategy and help you build trust with quality traders.
These new features — private swaps and local reputation — are now available in the dev branch and will be merged into master with the next major BasicSwap production update.
Better Identity Management 👥
In addition to the private swaps and local reputation capabilities, we've also improved how identities are managed in the GUI, notably with better displaying and organizing of your identities and of BasicSwap's ability to add comprehensive labels to the identities of other swappers.
While this week's update is relatively modest when it comes to improvements made to identity management, we intend on delivering more updates on that front moving forward as it is key to some of the larger features planned for BasicSwap.
Codebase and Other General Improvements 🧪
Several additional commits have been merged into the dev branch, encompassing both back-end and front-end improvements. These changes include:
- Prevent users from removing Particl Core from the activated coins, as it breaks BasicSwap due to the SMSG requirements (link)
- Make prepare.py executable (link)
- Dependencies updates (1, 2)
- Ignore unknown coin types in getCachedWalletsInfo (1)
- Minor Wownero-related fix reverting an output distribution error (1)
Wownero Updates 🐶
basicswapThe latest version of Wownero Core is now available for installation on BasicSwap. We recommend updating to this newest version to ensure optimal performance.
To update Wownero Core, follow the guide here: https://academy.particl.io/en/latest/basicswap-guides/basicswapguides_update.html.
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 also want to wish you a happy new year! 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.