Bitcoin Atom Delivers A Really Decentralized Way To Exchange Digital Assets


BitcoinAtom talks about issues now held by the world's most famous Blockchain. Obviously it is Bitcoin. Bitcoin has since risen from the scene, changed, for having driven the middle men out of the whole story, as when and economic exchanges have taken place, and powerlessness to oppose cash. The greatest part of this meditation is the extension we see today.

BitcoinAtom (BCA) presents a completely decentralized approach to trade of advanced assets - with the trading of chain particles on board. By utilizing its implicit hash time-bolt contract (HTLC) and its own HTLC API, BitcoinAtom tries to interfere with the way we trade digital money forms, giving flexibility to delegates and incorporated elements.

We believe that most cryptographic money exchanges must be made on decentralized chains, such as the first Bitcoin way to handle execution in completely unbelieving circumstances.

Nuclear Swaps (AS), which is currently actualized through on-chain HTLC and possibly by off-chain Lightning (LN), conveys the ability to trade resources specifically between blockchains without the intermediate included. This is a cross-linking molecule, and we propose a Bitcoin Atom buffer for it at its center, bringing the US API and cross-exchange utility settings to the first Bitcoin center programming and bringing it to BCA.

Trade on the merged trade is the mainstream of the digital money group, especially with the increasing volume of exchange and crypto costs that Bitcoin drives. Be as it may be, talks can often be played around issues facing trading clients, because of the number and quality of many sides including, and the various problems that can arise.

Typical trading processes on third-party exchanges include the following steps:

1. registration

2. verification

3. verification process

4. deposit your exchange account

5. make a reservation

6. make a withdrawal

7. the withdrawal process

8. receive coins

All of these steps from 3 to 5 business days, depending on the exchange provider.

Now let's take a closer look at the ugly crypto exchange process through Atomic Swaps:
1. Place your order inside your knot

2. accept your Crypto interruption

You can easily open your ATOM BITCOIN node and place your sell / buy order immediately without any interruptions or intermediaries.

Key Benefits of Atomic Swap Above Centered Stocks
Better Trade

DELETE 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 very peer-to-peer.
REDUCE trading costs to a minimum.

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 Bitcoin blockchain fork with a major protocol upgrade that will occur in mid-December (block number TBA). At the specified block number, the original BTC block will be attached to BCA, and any transactions conducted by 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 a team of fruit led by professional engineers. Besides them there are many developers, designers, architects and other marketing experts who assist them in project work. Together they have the knowledge they need to overcome the challenges that exist in their journey. Many projects lack the skills and reach of people like this project.

This project seems very interesting and here we provide basic information. We try to bring you closer to this promising project, but to know all the information, to the level of detail, we recommend that you see official blogs, very detailed and clear to understand, you are an expert or a beginner. in blockchain technology, which can be found at the following link: https: //medium.com/@bitcoinatom

Campaign bounty
You can also participate through the so-called gift program. This means you can support projects through social networks, help founders in translations, blogs, participate in signature campaigns, etc. For more information see: https://bitcointalk.org/index.php?topic=2567797.0

Bitcointalk is a place where you can find the best information and people's opinions about this project, but you can also ask questions and the people who work on the project will be happy to answer or help you if needed. Thread with project announcement: https://bitcointalk.org/index.php?topic=2515675.0

There is nothing else we want to do for those who work on this project, and also those who will support it. Bitcoin Atom carries its true preference to the crypto currency market and we should not forget to go to https://bitcoinatom.io/ and find out everything you care about.


Author ; (kadutz25) 

My Bitcointalk : https://bitcointalk.org/index.php?action=profile;u=1097203

My ETH Address: 0xdEC674B90e22c53B19569b54AD23F8c50CB4cF9C




Bitcoin Atom Delivers A Really Decentralized Way To Exchange Digital Assets Bitcoin Atom Delivers A Really Decentralized Way To Exchange Digital Assets Reviewed by leceng on Januari 18, 2018 Rating: 5

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