Justin Goldberg on Nostr: CoinSwap privacy tool finally released (as public beta) Coinswap is a decentralized ...
CoinSwap privacy tool finally released (as public beta)
Coinswap is a decentralized atomic swap protocol that enables trustless swaps of Bitcoin UTXOs through a decentralized, Sybil-resistant marketplace.
While atomic swaps are not new, existing solutions are centralized, rely on large swap servers, and inherently have the service provider as a single point of failure (SPOF) for censorship and privacy attacks. This project aims to implement atomic swaps via a decentralized market-based protocol.
The project builds on the work of many predecessors and is a continuation of Bitcoin researcher Chris Belcher's teleport-transactions. Since Belcher's prototype, the project has significantly matured, incorporating complete protocol handling, functional testing, Sybil resistance, and command-line applications, making it a practical swap solution for live networks.
https://x.com/citadelfoss/status/1877364560098652173
https://github.com/citadel-tech/coinswap/releases/tag/v0.1.0
Coinswap is a decentralized atomic swap protocol that enables trustless swaps of Bitcoin UTXOs through a decentralized, Sybil-resistant marketplace.
While atomic swaps are not new, existing solutions are centralized, rely on large swap servers, and inherently have the service provider as a single point of failure (SPOF) for censorship and privacy attacks. This project aims to implement atomic swaps via a decentralized market-based protocol.
The project builds on the work of many predecessors and is a continuation of Bitcoin researcher Chris Belcher's teleport-transactions. Since Belcher's prototype, the project has significantly matured, incorporating complete protocol handling, functional testing, Sybil resistance, and command-line applications, making it a practical swap solution for live networks.
https://x.com/citadelfoss/status/1877364560098652173
https://github.com/citadel-tech/coinswap/releases/tag/v0.1.0