Development Update (August 2025)
With the month of August behind us, it's time to report on all the progress we've made working on BasicSwap and related endeavors.
In this report, we'll go over the key accomplishments from the past month and outline the next steps for the month ahead.
What We're Working On
Over the past month, our team has made significant progress on the project. Key developments include the implementation of multi-net support, substantial GUI improvements, and numerous bug fixes. In parallel, we have advanced our research and experimentation with critical components such as light wallets, pre-signed swap transactions, and more decentralized price oracles.
On the GUI front, we are developing a revamped order book designed to mirror the look and feel of traditional centralized exchanges. We are also exploring ways to integrate AMM functionality and quick swaps (taker) more tightly into this new interface. The code for these specific GUI updates is still in development and has not yet been published.
- Major Features Being Looked Into:
- Light Wallet Support (SPV)
- Pre-signed swap transactions
- Decentralized price oracle
- Advanced order book design and functionalities, qith quick swaps and AMM integrations
- Key Improvements:
- More adapted user experience for both makers and takers
- More offer reliability
- Better accessibility
- Faster setup time
Upcoming Milestones (Short-term Roadmap)
Here's an updated look at our short-term roadmap, representing the next major milestones in approximate order of development. As BasicSwap DEX is a complex project with multiple moving parts, we may adjust the roadmap to better reflect the platform's evolving priorities.
Multi-Net Functionality
Live on DevEnables BasicSwap to distribute swap, offer, and bid messages across multiple messaging networks beyond SMSG when the primary network experiences high load.
Click to show notes
AMM and Advanced Order MGMT
In ProductionEnables advanced trading operations like automated market making and advanced order/bid placement.
Click to show notes
Light Wallet Support (SPV)
In ProgressEnables users to use light wallets instead of full nodes for faster setup time and reduced storage requirements.
Pre-signed Swap Transactions
ResearchEnables users to safely go offline once a swap is initiated without disrupting the swap process.
Quicks Swaps
PlannedImproves and simplifies the process of posting a new offer.
Click to show notes
Advanced Order Book Design
In ProgressRedesign of the order book into a more intuitive and user-friendly interface.
Click to show notes
Changes From Last Month
What follows are all the published changes from the last month. Note that this isn't an exhaustive list of all the code we've worked on, as a good portion of it is still unpublished as we're still in the early stages of development.
Bug Fixes
We've resolved the following bugs to improve stability and performance. These fixes are either live on the dev branch (experimental) or pending in pull requests. What is listed here will likely be merged into the production build in the next BasicSwap release.
| Bug Description | Impact | Link |
|---|---|---|
GUI — Fix changepassword | Fix a small bug with the changepassword function | 1 |
| GUI — Fix chart display | Fix BTC chart to load even if Bitcoin is not enabled | 1 |
| General — Enable relative paths | Allow relative paths in inputs | 1 |
General — Fix verifyMessage parameter | Fix verifyMessage parameter order | 1 |
| General — Lock-tx flexibility | Allow lock-tx nLockTime to be > chain height + 2 | 1 |
Database — Fix force_db_upgrade setting | Fix force_db_upgrade setting | 1 |
| Multi-net — No error if multiple networks | Don't raise an error if multiple networks are active (for testing pre smsg-plaintext-version2) | 1 |
| Multi-net — Duplicate SQLite entries | Simplex SQLite duplicate server entries | 1 |
| SMSG — Fix backwards compatibility | Fix backwards compatibility | 1 |
Improvements
We've also made several improvements, which are also live on the dev branch (experimental) or pending in pull requests. What is listed here will likely be merged into the production build in the next BasicSwap release.
| Description | Impact | Link |
|---|---|---|
| GUI — Version bump | Bump GUI to version 3.3.0 | 1 |
| GUI — Updated notifications | Updated toasts and added notifications history | 1 |
| GUI — Notify when new BasicSwap update | Show notification when new release of BasicSwap is available | 1 |
Prepare — Add deprecaterpc | Add deprecaterpc line to particl.conf | 1 |
| Prepare — Update Particl version | Set Particl version to 27.2.1.0 | 1 |
| Prepare — Update Particl version | Set Particl version to 27.2.2.0 | 1 |
| Prepare — Network logging category | Enable network logging category | 1 |
| Multi-net — Automatically set direct mode per bid | Add deprecaterpc line to particl.conf | 1 |
| Multi-net — Fix selection when no networks are specified | Fix selection when no networks are specified | 1 |
Multi-net — Add ttl to smsgEncrypt | Add ttl to smsgEncrypt | 1 |
SMSG — Rename smsg_plaintext_version | Rename smsg_plaintext_version | 1 |
| SMSG — Set version automatically | Set smsg_payload_version automatically if unset | 1 |
| SMSG — Backward compatibility | Make backwards compatible with smsg payload version 1 | 1 |
Particl — Set messagemagic string | Explicitly set messagemagic string for Particl v27 | 1 |
| Monero — Version bump | Bump Monero deamon to version 0.18.4.2 | 1 |
Stay Connected
Stay connected with us on our social media channels for real-time updates, news, and more.
- Twitter: @basicswapdex
- Matrix: BasicSwap channel
- GitHub: BasicSwap repositories
- Support the project: Donation page
BasicSwap Team
The official team behind BasicSwap. We're a group of passionate contributors dedicated to making atomic swap technology ubiquitous by creating accessible, user-friendly solutions for everyone.
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