BITCOIN ATOM - Create a Bitcoin network snapshot based on data

The Blockchain Revolution creates the right mistake in the world. Slowly news about crypto currency appeared in 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.

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.

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.

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 is no more to decentralize the network. As for the specifications of Bitcoin Atom, the same as in Bitcoin. There will be a total of 21,000,000.

Bitcoin Atom Project

is a fruit team 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.

This project seems very interesting and here we provide you with basic information.

We try to bring you closer to this promising project, but to know all the information, to the level of detail, we recommend that you see official blogs, very detailed and clear to understand, you are an expert or a beginner. in blockchain technology, which can be found at the following link: https: //medium.com/@bitcoinatom

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 block number, the original BTC block will be attached to the 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

• 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

ROAD MAPS

Bounty Campaign

You can also participate through the so-called bounty program. This means you can support projects through social networks, help founders in translations, blogs, participate in signature campaigns, etc. For more information see: https://bitcointalk.org/index.php?topic=2567797.0

Bitcointalk

is a place where you can find the best information and people's opinions on this project, but you can also ask questions and the people who work on the project will be happy to answer or help you if needed. Thread with project announcement: https://bitcointalk.org/index.php?topic=2515675.0

There is nothing else we want to do for those who work on this project, and also those who will support it. Bitcoin Atom brings the true preference to the crypto currency market and we believe it will be a complete success, and you should not forget to go to https://bitcoinatom.io/ and find out everything you're interested in.

Some Resources For Reference:

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By. penikmatsenja
Bitcointalk : https://bitcointalk.org/index.php?action=profile;u=1251309