Bitcoin Atom — Creating A Truly Decentralized Bitcoin

Bitcoin Atom

Bitcoin Atom (BCA) brings a truly decentralized way of digital asset exchange — with on-chain atomic swaps on board. By using built-in hash time-locked contracts (HTLCs) and its own HTLC API, Bitcoin Atom attempts to disrupt the way we exchange cryptocurrencies today, giving independence from intermediaries and any 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.

Blockchain Revolution

creating the right mistake in the world. Slowly news about crypto currency appeared in the mainstream media. More and more people want to attend this revolutionary event that is not visible every day. Blockchain technology provides extraordinary progress in the processes we know today, changing every aspect of business and life that we live. It has been recognized by people who are enthusiastic and gathered in teams and are doing innovative crypto startups. In this way, the lost infrastructure in the crypto world is occupied, but it also shows the value of utilization power afforded by this innovative technology.

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 technology is decentralized

not born to be valued in a centralized stock exchange, 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. Fork is scheduled for January 2018.

Roadmap

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 → the 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.

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
For more information, please visit:
Website: https://bitcoinatom.io/
Facebook: https://www.facebook.com/atombitcoin
Twitter: https://twitter.com/atombitcoin
Telegram: https://t.me/bitcoinatom
Profile: https://bitcointalk.org/index.php?action=profile;u=1776807;sa=summary
Eth: 0x5b27d133B357a4c36aef58C6e6C3307074C18a76

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