BITCOIN ATOM

- Januari 21, 2018

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 variety of people like this project.

This project seems very interesting and here we provide you with 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 the official blog, 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

Bitcoin Atom (BCA) presents a completely decentralized way to exchange digital assets - with the exchange of chain atoms on board. Using its built-in hash time-locked (HTLC) contract and its own HTLC API, Bitcoin Atom is trying to interfere with the way we exchange current emergency crypts, which provides the freedom of intermediaries and centralized entities.

We believe that most cryptocurrency trades should be carried out on the 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 blockbars without the intermediaries involved. This capability is called cross-linking atoms, and we propose Bitcoin Atom support for it in essence, by bringing the US API and a set of cross-trading utilities to the original Bitcoin core software and sending them to BCA. Trading on centralized exchanges is a popular topic among members of the crypto-kurra community, especially with the increasing volume of trading and crypto prices led by Bitcoin. However, discussions can often revolve around the issues facing bourse users, due to the number and complexity of the steps involved, and the issues that can arise.

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.

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

Registration
Verification
Verification process
Deposit your exchange account
Make a reservation
Make a withdrawal
Withdrawal process
Accept coins

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). On a predetermined block, the original BTC block will be attached to BCA, and any transactions since it will be completely separated 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)
Adjustment difficulty: 2 weeks
Average Tx confirmation time: 5 Minutes
Convert atomic: Yes
Followed: Yes
Re-protection: Yes
Unique address format: Yes

One of these crypto startups is definitely Bitcoin Atom. Bitcoin Atom discusses the issues that are currently gripped by the world's most famous Blockchain. Of course it is Bitcoin. Bitcoin has since emerged from the scene, revolutionized, for having removed the mediators from the whole story, the fact that instant and inexpensive transactions have taken place, and the inability to resist the currency. All of this inspires the expansion we see today. But decentralized technology is not born to be valued in a centralized stock market, which is often the subject of hacking or decay. They are also reluctant to use the crowds on them lately. Many currently prohibit creating new accounts for users. All this will remove Bitcoin Atom. Bitcoin Atom will create a Bitcoin network snapshot, and based on this data, lends Bitcoin Atom to everyone who at that time has Bitcoin at that address. You will be credited 1: 1, so for every Bitcoin you have at Force, you get one Bitcoin Atom. The Fork is scheduled for January 2018. Bitcoin Atom will introduce so-called atomic substitutes. These are transactions on cryptographic valves that occur directly on blockchain, or without exchange of shares! This will be done using the AS API and a cross-chain tool that will be added to the Bitcoin core code. Another interesting thing about Bitcoin Atom is the Proof of Work (POW) system, it is a mixed system with Proof of Stake (POS). POS is no more to decentralize the network. As for the specifications of Bitcoin Atom, the same as in Bitcoin. There will be a total of 21,000,000.

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