Bitcoin Atom

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·@nugezmils·
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Bitcoin Atom
Bitcoin Atom (BCA) presents a completely decentralized way to exchange digital assets - with the exchange of chain atoms on board. By using its built-in hash time-locked contract (HTLCs) and its own HTLC API, Bitcoin Atom tries to interfere with the way we exchange current cryptocurrencies, providing freedom from intermediaries and centralized entities.

![DQmUiCCZ5Y4v56htqkfXFW1LvRcthPvzpdAdiVugWvZUfrK.png](https://steemitimages.com/DQmUiCCZ5Y4v56htqkfXFW1LvRcthPvzpdAdiVugWvZUfrK/DQmUiCCZ5Y4v56htqkfXFW1LvRcthPvzpdAdiVugWvZUfrK.png)

We believe that most of the cryptocurrency trade should be done on-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 that 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.

Bitcoin Atom (BCA) is a SegWit enabled Bitcoin fork with on-chain atomic swaps on board and hybrid consensus. Bitcoin Atom enables truly decentralized digital asset exchange by utilizing hash time-locked contracts (HTLCs) and its own HTLC API, giving independence from intermediaries and any centralized entities.

Bitcoin Atom’s development team is working on a special embedded toolkit for both on-chain and off-chain atomic swaps, allowing for exchanging any cryptocurrencies in a hassle-free way across different blockchains. Lightning Network off-chain swaps scheduled to be launched in 2018.

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.
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.

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

Roadmap

![DQmSsRpkTqobBPBTsWCUdLvsSu2NuptDx5aDLGyRqWW7C9Y.png](https://steemitimages.com/DQmSsRpkTqobBPBTsWCUdLvsSu2NuptDx5aDLGyRqWW7C9Y/DQmSsRpkTqobBPBTsWCUdLvsSu2NuptDx5aDLGyRqWW7C9Y.png)

For more detail :

Websaite: https://bitcoinatom.io/
ANN: https://bitcointalk.org/index.php?topic=2515675.msg25698432#msg25698432
Facebook: https://www.facebook.com/atombitcoin
Twitter: https://twitteraudit.com/
Tellegram: https://t.me/bitcoinatom

Author
nugezmils

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https://bitcointalk.org/index.php?action=profile;u=1729621
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