CryptoNews

Samourai Wallet Unveils Privacy-Enhancing BTC to XMR Atomic Swaps in Beta Launch

According to the Samourai Wallet developers, the beta release of bitcoin/monero atomic swaps has been launched, marking an exciting development in privacy-preserving techniques. This new release of the desktop application streamlines the process of securely swapping bitcoin and monero via the Tor network.

Samourai Wallet Rolls out Beta Bitcoin<->Monero Atomic Swaps

The much-anticipated BTC<->XMR atomic swaps platform has finally arrived, with the lead developer of Samourai Wallet and the programmer known as Pokkst unveiling its beta version. “Samourai Swaps beta is now ‘live’,” announced the wallet’s chief engineer on Tuesday. Back on August 14, 2023, Bitcoin.com News had previously reported on this new privacy-enhancing feature when the company introduced it.

Samourai Wallet Unveils Privacy-Enhancing BTC to XMR Atomic Swaps in Beta Launch

The software developer, Pokkst, a driving force behind this endeavor, also highlighted the beta launch on the social media platform X. “Welcome to the Samourai Atomic Swaps Public Beta,” Pokkst posted on X. “This desktop application makes it very easy to trustlessly swap BTC<->XMR, completely over Tor. In public beta, expect some bugs, and a ‘dev UI.’ The actual UI is still in development.”

The developer added:

There is already some mainnet liquidity from @Unstoppableswap ASBs and users, and I have used the Samourai application myself for several months to swap [bitcoin] I receive to [monero].

The beta release arrives amidst heightened global government scrutiny of privacy coins such as monero (XMR) and a trend of exchanges removing privacy tokens from their listings over the years.

Privacy-focused crypto tools and digital assets have seen limited popularity over the last three years, while crypto mixers have faced increasing law enforcement attention. In a significant move, the crypto exchange Okx removed several privacy-related digital currencies, including XMR, ZEC, and DASH, at the close of December 2023.

Source: Bitcoin

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