Bitcoin Atom ( BCA ) presents a completely decentralized way to exchange digital assets - with the exchange of chain atoms on board. By using its built-in hash time-locked contract ( HTLCs ) and its own HTLC API, Bitcoin Atom tries to interfere with the way we exchange current cryptocurrencies, providing freedom from intermediaries and centralized entities.
We believe that most cryptocurrency trades should be done on a chain in a decentralized way, in accordance with the original Bitcoin approach to transact in a totally unbelieving environment.
Atomic Swaps ( AS ), which is currently implemented through an on-chain HTLC network and potentially via an off-chain Lightning ( LN ) network, brings the ability to exchange assets directly between blockchains without the intermediaries involved. This capability is called the cross-linking of atoms, and we propose Bitcoin Atom support for it at its core, by bringing the US API and a set of cross-trade utilities to the original Bitcoin core software and shipping it to BCA.
Trading on centralized exchanges is a popular topic among members of the cryptocurrency community, especially with the increasing volume of trading and crypto prices led by Bitcoin. However, discussions can often revolve around the issues facing exchange users, due to the number and complexity of the steps involved, and the various issues that can arise.
Typical trading processes on third-party exchanges include the following steps :
- registration
- verification
- verification process
- deposit your exchange account
- make a booking
- make a withdrawal
- withdrawal process
- receive coins
All of these steps can take a lot of time, usually from 3 to 5 business days, depending on the exchange provider.
Now let's take a closer look at what the crypto exchange process is going through Atomic Swaps:
- placing your order inside your node
- receive your Kripto Distractions
You can easily open your BITCOIN ATOM node and immediately place a sell / buy order without any hassles or intermediaries.
You can easily open your BITCOIN ATOM node and immediately place a sell / buy order without any hassles or intermediaries.
- Better Trade
- REMOVING delays (caused by missing deposit / withdrawals, server downtime, etc.)
- RETENTION your private key, preventing the possibility of losing your coins (ie Mount Gox).
- MINIMIZE potential security breach.
- Keep your personal identity (without any verification process).
- DECENTRALIZE entire trading process so it is really peer-to-peer.
- REDUCE trading costs to a minimum
By using its built-in hash time-locked contract (HTLCs) and its own HTLC API, Bitcoin Atom tries to interfere with the way we exchange current cryptocurrencies, providing freedom from intermediaries and centralized entities.
Bonus for Bitcoin Holders
All Bitcoin holders who have their private key at the time of fork (block TBA number) will receive Bitcoin Atom for 1 BTC = 1 BCA. You need to control your Bitcoin private key to claim and transact Bitcoin Atom.
Bitcoin Atom is a fork of blockchain Bitcoin with a major protocol upgrade that will occur in mid-December (block number TBA). On a predetermined block number, the original BTC block will be attached to the BCA, and any transactions made since then will be completely separate on the Bitcoin and Bitcoin Atom networks. At that time, Bitcoin Atom will live on the mainnet and become a fully functional crypto.
Specification
- Ticker Symbol :
- Maximum BCA : 21 Million
- Distribution : Mining, Minting, Claiming
- PoW algorithm : SHA256
- PoW Block Interval : 10 Minutes
- PoS Block Interval : 10 Minutes
- Block size ( actual ) : 1M ( 2-4M )
- Difficulty adjustment : 2 weeks
- Average Tx confirmation time : 5 Minutes
- Swap atoms : Yes
- Segwit : Yes
- Re-protection : Yes
- Unique address format : Yes
Roadmap
The Bitcoin Atom Project is the result of a team of professional engineers. There are many developers, designers, architects, and other marketing professionals who assist this project. Together they have the necessary knowledge to get all the challenges. Many projects lack knowledge and many people love this project.
This project is very interesting and we have provided basic information here. We have tried to present this promising project to you, but to get the last details of all the information, see the official blog that is very detailed and easy to understand. You are a beginner's block tech or technology. You can find it here : https://medium.com/@bitcoinatom
Bounty Campaign
You can also follow the so-called bounty program. In other words, you can support your project through social networking, helping entrepreneurs to translate, create blogs, and participate in signing campaigns. For more information, please visit https://bitcointalk.org/index.php?topic=2567797.0.
Bitcointalk is the place to find the best information and opinions about this project, but you can ask questions. Then the people who work on the project will be willing to answer or help you as needed. Project presentation thread : https://bitcointalk.org/index.php?topic=2515675.0
There is nothing we want to do for the people who support this project and also for those who support it. Bitcoin Atom has a real preference for the currency market that is encrypted, and we are confident that this will be a perfect success. You should go to : https://bitcoinatom.io/ and find out all that matters.
PARTNER COST
For more information :
- WEBSITE : https://bitcoinatom.io/
- FACEBOOK : https://www.facebook.com/atombitcoin
- TWITTER : https://twitter.com/atombitcoin
- TELEGRAM : https://t.me/bitcoinatom
BitcoinTalk : https://bitcointalk.org/index.php?action=profile;u=1322362
ETH : 0x9A131b646dE6c83Ffd5703ebFf9Ac03869357E61
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