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Eager Electron 5.1.9763 — Testnet — Release Notes

BEAM | 09.23| 22

Eager Electron 5.1.9763 — Testnet — Release Notes

Release Date: 22nd September

TL;DR Release Highlights:

  • Offline transactions add the option to use offline addresses: no need to wait for the receiver to come online anymore!
  • Atomic swap fees have significantly reduced
  • Dozens of under-the-hood bug fixes you don’t want to know about, as Beam “just works”

Features:

  • Enabled Offline transactions by implementing Lelantus MW protocol
  • For Offline transactions new “offline” addresses are supported: it includes all the necessary information for 10 payments so that a receiver doesn’t need to talk to the sender to create a transaction. Once the ten payments run out, the sender wallet will automatically request more payments from the receiver using SBBS. In case the Receiver is not online and not responding, the Sender wallet will show an indication that there are no more payments left and the user will request a new address using external channel.
  • Atomic swaps are significantly cheaper now due to SegWit support and a minimal fee rate is nicely recommended so that transactions will complete within a reasonable time
  • Confirmation count is implemented for CLI wallet and in API to better align with exchanges

Improvements:

  • Confidential Assets metadata is standardized. Read more here.

Fixes:

  • CLI wallet: for Atomic Swaps with Electrum node — users can add any number of receiving and change addresses

Known limitations:

  • When using active laser beam channels the CLI wallet should not be offline for over 24 hours

Points to mention:

  • Offline transaction fees are higher. The receiver pays his fee (per coin) when the coin is withdrawn from the shielded pool. To keep the anonymity set to the best value at any given time, the max privacy coins may remain in the shielded pool until the receiver decides to spend them. Hence, the withdrawal fee for each coin received via offline transaction can be paid when the receiver initiates the outgoing transaction of his own.

For a more comprehensive list of the tasks accomplished please read here

Come discover Beam and join the community!

Download Beam Desktop Wallet here
Download Beam iOS Wallet on App Store
Download Beam Android Wallet on Google Play
Learn more about Beam on our website and blog
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Eager Electron 5.1.9763 — Testnet — Release Notes was originally published in BEAM-MW on Medium, where people are continuing the conversation by highlighting and responding to this story.

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