BITCOIN ATOM
What Is BitcoinAtom?
Let's talk about what has become a hot conversation lately, and its presence has been the target of investors in the world of cryptocurrency.Bitcoin Atom discusses issues that are currently gripped by the world's most famous Blockchain. Of course this 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 fight the currency. All of this inspires the expansion we see today.
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.
Typical Trade Process On Third-Party Exchanges Includes The Following Measures:
- Registration
- Verification
- Verification process
- Deposit your exchange account
- Make a reservation
- Make a withdrawal
- Withdrawal process
- Accept coins
All these steps can take a lot of time, usually from 3 to 5 business days, depending on the exchange provider.
Now Let's Look Around The Crypto Exchange Process Being Done Through Atomic Swaps:
- Put your order inside your node
- 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). 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
Symbol Ticker:Maximum BCA: 21 Million
Distribution: Mining, Minting, Claiming
Algorithm PoW: SHA256
Block Interval PoW: 10 Minutes
PoS Block Interval: 10 Minutes
Block size (actual): 1M (2-4M)
Adjustment difficulty: 2 weeks
Confirmation time Tx average: 5 Minutes
Switch atom: Yes
Segwit: Yes
Re-protection: Yes
Unique address format: Yes
EXCHANGE
ROADMAP
For More Info You Please Visit Official Links BITCOINATOM Here:
Official Website: https://bitcoinatom.io/
Facebook: https://www.facebook.com/atombitcoin
Twitter: https://twitteraudit.com/
Tellegram: https://t.me/bitcoinatom
Author by: Ayin2206
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