Bitcoin Atom (BCA) : A Breakthrough from Bitcoin

Januari 19, 2018

Bitcoin Atom (BCA) : A Breakthrough from Bitcoin

Bitcoin Atom (BCA) offers a completely decentralized way to exchange digital assets. Bitcoin Atom tries to interfere with the way it exchanges current emergency passwords, which provide the freedom of intermediaries and centralized entities using the built-in hash time lock (HTLC) contract and its own HTLC API.

We believe that most cryptocurrency transactions should be performed in chains in a distributed manner, according to the original Bitcoin approach for handling in an entirely unreliable environment.

Implemented through an off-chain lightning (LN) network through an on-chain HTLC network, Atomic Swaps (AS) provides the ability to exchange assets directly between blockbars without intermediary intervention. This feature is called a cross-linking atom and essentially suggests Bitcoin Atom support by importing the US API and a set of cross-transaction utilities into the original Bitcoin core software and transferring it to the BCA.

Central exchange trading is a popular topic among crypto-kurra community members. In particular, Bitcoin-led transaction and encryption prices are increasing. However, discussions can be centered around issues facing stock exchange users due to the number and complexity of the steps involved and possible problems.

The Bitcoin Atom project is the result of a team of professional engineers. There are many developers, designers, architects, and other marketing professionals who help with the project. Together they have the knowledge necessary to acquire all the challenges. Many projects lack knowledge and various people like this project.

This project is very interesting and we have provided basic information here. We've tried to bring this promising project to you, but in order to get the last detail of all the information, check out the official blog which is very detailed and easy to understand. You are an expert or beginner of block chain technology. You can find it here: https: //medium.com/@bitcoinatom

The general transaction process for third-party transactions includes the following steps:
1. Registration

2. Confirmation

3. Verification Process

4. Deposit to an account

5. Booking

6. Withdrawal

7. Withdrawal Procedure

8. Coin receipt

All of these procedures may take 3-5 business days, depending on the exchange.

Let's take a closer look at the encryption exchange process through atom exchange.

1. Place an order within the node.

2. Accept the encryption abort.

ATOM BITCOIN Nodes can be opened easily and sales / purchase orders can be made immediately without interruption or intermediation.

Main Benefits of Atomic Exchange over Central Stocks

Better Trading
DELETE delay (due to missing deposit / withdrawal, server downtime, etc.)
To protect against the possibility of losing a coin, keep the private key (eg Mount Gox).
Minimizes potential security breaches.
Maintain your personal identity (without verification process).
It is very peer-to-peer as the whole transaction process is organized in December.
Reduce transaction costs to a minimum.

Bonus
fork for holders in Bitcoin (Block TBA number) All Bitcoin holders with a private key at the time receive a Bitcoin Atom for BTC = 1 BCA. Bitcoin To own and trade Atom, you must control the Bitcoin private key.

Bitcoin Atom is a Bitcoin block chain fork with major protocol upgrades in mid-December (block number TBA). At the specified block number, the original BTC block is connected to the BCA, and all subsequent transactions are completely isolated from the Bitcoin and Bitcoin Atom networks. Bitcoin Atom then lives in the mainnet and becomes a full-featured password.