Coinswap v0.1.0 Beta Release

Coinswap has released its first public beta version (v0.1.0), introducing a decentralized, Sybil-resistant protocol for trustless Bitcoin UTXO swaps. The beta is now live on Testnet4, marking a significant step toward providing private, censorship-resistant Bitcoin transactions. This release is aimed at developers, testers, and early adopters.

“All protocol components have been modularized for flexibility, extensibility, and easier integration into other Bitcoin applications.”

Key Highlights of v0.1.0:

1. Complete Protocol Specification:
   A detailed and formalized specification explains how the protocol ensures decentralization, privacy, and censorship resistance.

2. Functional Test Coverage:
   Robust testing has been implemented to simulate various swap scenarios and verify protocol functionality.

3. Modular Protocol Design:
   The protocol components are modular, allowing flexibility, extensibility, and seamless integration with other Bitcoin applications.

4. Command-Line Applications:

   • makerd: Operate as a swap service provider and earn fees.

   • maker-cli: Command-line interface to manage maker servers.

   • taker: Perform swaps with multiple makers as a client.

Assets

The release includes source code for further exploration and testing.

Coinswap's beta release offers a fully functional protocol while paving the way for a decentralized and private Bitcoin transaction future.