bounty atom

Bitcoin Atom - Blockchain Revolution

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.

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 an entirely unlimited environment.

Bitcoin Atom (BCA) brings a truly decentralized way to exchange digital assets - atoms exchange chains on the 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.

Atomic Swaps (AS), currently implemented through an on-chain HTLC chain and potentially off-chain Lightning Network (LN), brings the ability to exchange assets directly between blockchains 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.

The BCA network is also secured by utilizing the so-called hybrid consensus: PoW and PoS models are installed, increasing network stability and reducing the miner's strength, thus lowering probability 51%. Despite possessing Proof of Ownership other than Proof of Work, Bitcoin Atom is not an inflanioter in emissions because PoS only serves to decentralize network strength. Max BCA supply remains the same as original Bitcoin (21M).

The US model Bitcoin Atom is expected to bring transparency to digital asset trading, as efforts to increase volume through the exchange of chain atoms will be detected by passive observations. This means that the user can not appear with a small number of coins and then make a ton to capture the disguised volume.

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 in Force, you will get one Bitcoin Atom. The Fork is scheduled in 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 no longer decentralizes the network. As for Atom Bitcoin specification, like in Bitcoin. There will be a total of 21,000,000.

IMPLEMENTATION 

Bitcoin Atom is a fork of the Bitcoin blockchain with major protocol upgrades that will occur in January (block number TBA). At the predetermined block number the original BTC blockchain will be forked into BCA,and any transaction made since then will be completely separate on Bitcoin and Bitcoin Atom networks. At that moment, Bitcoin Atom will go live on mainnet and become a fully funcional cryptocurrency.

All Bitcoin holders who possess their private keys at the moment of the fork (block number TBA) will receive Bitcoin Atom at the rate of 1 BTC = 1 BCA. You need to control your Bitcoin private keys in order to claim and transact Bitcoin Atom.

Subsequently, the BCA team will focus on atomic cross-chain trading toolkit developmnent, as well as integrating the LN model with off-chain swaps into Bitcoin Atom. the roadmap covering these milsetones will be published separately.

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 fork of blockchain Bitcoin with a major protocol upgrade that will occur in mid-December (block number TBA). On a predetermined number of blocks, the original BTC block will be attached to BCA, and any transactions made since then will be completely separate 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: 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) 
Adjustment difficulty: 2 weeks 
Left confirmation average tx: 5 Minutes 
Swap atoms: Yes 
Segwit: Yes 
Re-protection: Yes 
Unique address format: Yes

Next you can visit the link below to find more information about bitcoin atom project:

Details Information :

Website : https://bitcoinatom.io

Telegram : https://t.me/bitcoinatom

Facebook : https://www.facebook.com/atombitcoin

Twitter : https://twitter.com/atombitcoin

Bitcointalk username : kencingbae

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