BITCOIN ATOM - Blockchain Bitcoin Fork

in #cryptocurrency7 years ago (edited)

Bitcoin Atom discusses the issues currently dominated by the world's most famous blockchain. Of course Bitcoin. Bitcoin has revolutionized the field by removing moderators from the whole story, making immediate, inexpensive deals, and the fact that they can not fight the currency. All of these inspire the expansion we can see today.

Bitcoin Atom (BCA) offers a completely decentralized way to exchange digital assets. Bitcoin Atom tries to interfere with the way it exchanges current emergency passwords, which provide the freedom of intermediaries and centralized entities using the built-in hash time lock (HTLC) contract and its own HTLC API.

We believe that most cryptocurrency transactions should be performed in chains in a distributed manner, according to the original Bitcoin approach for handling in an entirely unreliable environment.

Implemented through an off-chain lightning (LN) network through an on-chain HTLC network, Atomic Swaps (AS) provides the ability to exchange assets directly between blockbars without intermediary intervention. This feature is called a cross-linking atom and essentially suggests Bitcoin Atom support by importing the US API and a set of cross-transaction utilities into the original Bitcoin core software and transferring it to the BCA.

Central exchange trading is a popular topic among crypto-kurra community members. In particular, Bitcoin-led transaction and encryption prices are increasing. However, discussions can be centered around issues facing stock exchange users due to the number and complexity of the steps involved and possible problems.

The general transaction process for third-party transactions includes the following steps :

  • Registration
  • Confirmation
  • Verification Process
  • Deposit to an account
  • Booking
  • Withdrawal
  • Withdrawal Procedure
  • Coin receipt

All of these procedures may take 3-5 business days, depending on the exchange.

Let's take a closer look at the encryption exchange process through atom exchange.

  • Place an order within the node.
  • Accept the encryption abort.

ATOM BITCOIN Nodes can be opened easily and sales / purchase orders can be made immediately without interruption or intermediation.

Main Benefits of Atomic Exchange over Central Stocks

  • Better Trading
  • DELETE delay (due to missing deposit / withdrawal, server downtime, etc.)
  • To protect against the possibility of losing a coin, keep the private key (eg Mount Gox).
  • Minimizes potential security breaches.
  • Maintain your personal identity (without verification process).
  • It is very peer-to-peer as the whole transaction process is organized in December.
  • Reduce transaction costs to a minimum.

Bonus

fork for holders in Bitcoin (Block TBA number) All Bitcoin holders with a private key at the time receive a Bitcoin Atom for BTC = 1 BCA. Bitcoin To own and trade Atom, you must control the Bitcoin private key.

Bitcoin Atom is a Bitcoin block chain fork with major protocol upgrades in mid-December (block number TBA). At the specified block number, the original BTC block is connected to the BCA, and all subsequent transactions are completely isolated from the Bitcoin and Bitcoin Atom networks. Bitcoin Atom then lives in the mainnet and becomes a full-featured password.

Specifications

  • Symbol Ticker: BCA
  • Max BCA: 21 million
  • Distribution: Mining, Mint, Charge
  • Algorithm PoW: SHA256
  • PoW blocking interval: 10 minutes
  • PoS block interval: 10 minutes
  • Block size (actual): 1M (2-4M)
  • Adjustment Difficulty: 2 weeks
  • Average Tx Confirmation Time: 5 minutes
  • Atomic Conversion: Yes
  • Following: Yes
  • Re-protection: Yes
  • Unique address format: Yes

The Bitcoin Atom project is the result of a team of professional engineers. There are many developers, designers, architects, and other marketing professionals who help with the project. Together they have the knowledge necessary to acquire all the challenges. Many projects lack knowledge and various people like this project.

This project is very interesting and we have provided basic information here. We've tried to bring this promising project to you, but in order to get the last detail of all the information, check out the official blog which is very detailed and easy to understand. You are an expert or beginner of block chain technology. You can find it here: https://medium.com/@bitcoinatom

Bounty Campaign

You can also join a so-called bounty program. In other words, you can support your projects through social networks, help 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 working 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 we support this project as well as for those who support it. Bitcoin Atom has a real preference for the encrypted currency market, and we are confident that this will be a complete success. You should go to https://bitcoinatom.io/ and find everything important.

Details Information

Website : https://bitcoinatom.io/
ANN THREAD : https://bitcointalk.org/index.php?topic=2515675.0
Facebook : https://www.facebook.com/atombitcoin
Twitter : https://twitter.com/atombitcoin
Telegram : http://t.me/bitcoinatom

Bitcointalk (Giebaymax): https://bitcointalk.org/index.php?action=profile;u=782329

BTC Address : 1LvQ9TJebM4sixfgm432zzCKjVRP4J1bS7

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You have an interesting nice and valueble post, give me new experience and knowing more great things
Thank you for sharing. Hope you will get a positive day, good luck and wish you success.

I have resteem and upvoted this post.

Best Regards
With Respect From Banjarmasin, South Borneo / Kalimantan, Indonesia
azmielbanjary