https://bitcoinatom.io
Soon at this time I will soon give an idea of Bitcoin Atom:
Bitcoin Atom (BCA) presents a highly decentralized move for the exchange of digital assets - along with the exchange of chain atoms on ships.
Using its built-in hash time-locked contract (HTLCs) and its own HTLC API, Bitcoin Atom tries to confuse our steps to change this crypto, adding freedom from intermediaries and centralized entities.
We believe that generally cryptocurrency trade should be done on-chain and decentralized steps, in accordance with the original Bitcoin approach to transact in a totally unbelieving environment.
Atomic Swaps (AS), correctly implemented through an on-chain HTLC network and potentially via off-chain Lightning (LN) networks, bring the power to exchange assets directly between blockchains without the intermediaries involved. This capability is called cross-linking atoms, and we propose Bitcoin Atom's help to the point, along with bringing APIs and a set of cross-trading utilities to the original Bitcoin core software and sending them to BCA.
Trading on the centralized exchange is a popular topic among members of the crypto-currency community, especially with the increasing volume of trading and crypto prices led by Bitcoin. However, discussions often revolve around the issues facing the exchange users, due to the number and complexity of the steps involved, and the various issues that arise.
How it works.
The trading process has a third party exchange with the following steps:
• Registration
• Verification process
• Store exchange accounts
• Make reservations
• Make a withdrawal
• Withdrawal process
• Receive coins
All these steps can take a lot of time, ranging from 3 to 5 business days, depending on the exchange provider.
Let's take a closer look at the crypto exchange system that is being implemented through Atomic Swaps:
• Place your order inside your node
• Accept your Crypto problem
You can easily access the node with BITCOIN ATOM and immediately install the sell / buy order without any problems or intermediaries.
This is Mitra Bitcoin Atom
Benefits of Atomic Swap Above Centralized Shares
• Delete delays (caused by loss of deposit / withdrawal, server downtime, etc.)
• Save your private key, prevent the possibility of losing your coins (ie Mount Gox)
• Minimize potential security breaches,
Keep your personal identity (without any verification process)
• Decentralization of the entire trading process so that it is highly peer-to-peer
• Reduce trade costs to a minimum.
Bonus for Bitcoin Holders.
All Bitcoin holders with a special lock on fork installation (TBA block number) will receive Bitcoin Atom for 1 BTC = 1 BCA.
You must control your Bitcoin 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)
In the designated blocks, the original BTC block will be attached to BCA, and any transactions that have been done since then will be very separate on the Bitcoin and Bitcoin Atom networks. At that time, Bitcoin Atom will live on the mainnet and become a fully functional crypto.
Token Details.
Symbol Ticker: BCA
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
Bitcoin Atom also has a scheduled plan such as the Roadmap shown below:
So much for my brief explanation of Bitcoin, may I enlighten you to choose a truly decentralized Bitcoin, because of your knowledge of bitcoin atoms.
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AUTHOR: jelambar111
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