Blockstream is launching Blockstream Swaps, an in-house characteristic designed to maneuver funds between Bitcoin’s mainchain, Lightning, and Liquid networks.
The announcement follows Boltz disabling its personal swap companies on August 3, 2026, after dealing with a rising wave of automated assaults.
Why Boltz stepped again
Boltz described the trigger as an ongoing sample slightly than a single breach.
The corporate said:
“Over the previous months we’ve got seen a gradual rise in automated, AI-assisted probing of our infrastructure, and we’ve got handled a number of exploits. Every was contained, however the sample is evident: attackers now iterate quicker than a staff our measurement can discover and patch.”
Blockstream confirmed no person funds have been ever in danger, since Boltz’s structure is self-custodial by design.
How swaps work
An atomic swap is a trustless peer-to-peer trade the place two events commerce property, guaranteeing each side full in full or the transaction fails and funds return to their house owners.
Say you maintain bitcoin on the mainchain and wish to pay a Lightning bill.
A swap pairs the 2 funds and binds them with a shared secret via a hashlock, whereas a timelock gives a refund path if the swap stalls.
Boltz later wrapped this in Taproot and aggregated keys with MuSig2, so a cooperative swap settles as an unusual key path spend.
What Blockstream Swaps affords
The characteristic removes the complexity of working a Lightning node for on a regular basis customers, letting them maintain a easy BTC or LBTC steadiness that converts in the meanwhile of cost.
Lightning even turns into reachable from chilly storage, with incoming funds settling as LBTC in a Jade-secured pockets whereas Jade stays offline.
The characteristic is at present in beta testing with choose members.
Blockstream stated it isn’t in search of to exchange present suppliers however sees the software as a much-needed addition for redundancy and resilience.