BITCOIN ATOM - Transact Directly to Each Other Without Requiring Standard Standard Crypto Exchange


About Bitcoin Atom

Bitcoin Atom is an ant that allows Bitcoin from SegWit. Their goal is to use HTLC to allow users to exchange crypto information via serial exchange of atoms. The team plans to integrate cross-chain trading utility and atom swap API to Bitcoin core software and embed it into BCA blocker.
As a result, BCA blockgain users can transact directly with each other without the need for standard cryptographic exchange. All users must do to conduct a transaction open their Bitcoin Atom node and place a buy or sell order. Once an agreement with another party is made, HTLC will ensure that the transaction goes quickly and securely.
By eliminating the need for third-party crypto-kurrensial exchange, Bitcoin Atom will lower transaction costs for both parties. Many cryptocurrency exchanges charge a fee for each transaction , in addition to fees for deposits and bank withdrawals. This means more money is an exchange bag and less money for individuals. The widespread use of the crypto-cardiac exchange has replaced one centralized authority - the bank - with other centralized central-cryptocurrency-authority exchanges. The end result is exactly the same.  
In addition, users do not have to rely on the operational status of the cryptocurrency exchange to make the exchange. It is not uncommon for third-party exchanges to experience problems  , especially at high volume. The result is that users end up trusting these centralized parties with their money, just so they fail when they need it. This is the exact cryptococcal problem to be solved.
Thankfully, with the start of the Bitcoin Atom network, this problem can be overcome. The developer team is working to integrate instant off-chain chain exchanges, with the goal of implementing their HTLC API in January 2018. A full swap atomic network can be up and running by the end of 2018.
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. The 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 Atom Bitcoin specification, just like in Bitcoin. There will be a total of 21,000,000.

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.
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.

Up here explanation from me and for more information please visit some sites below:

WEBSITE , FACEBOOK , TWITTER , TELEGRAM

Author by: thiokoentjoan123

https://bitcointalk.org/index.php?action=profile;u=1091812

Komentar

Posting Komentar

Postingan populer dari blog ini

VogoV (OGO): Decentralized Adult Entertainment Studio

Gambar
So far we only speak crypto about business, finance, property, and much more. Other corners There is immense untapped potential in the development of cryptocurrencies and technologies that are highly beneficial to our universe. Where the technological revolution of blockchain since 2008 has created significant technological changes around the world that also affect every aspect of humanity including the adult entertainment industry. Because the shift in technology has led to a new era of financial services that leads to increased bitcoin as the first decentralized cryptocurrency, without central control or bank influence. Currency stability is generated by the fact that millions of computer consensus connect to the network, driven by market forces and natural liquid money flow. VogoV decided to capitalize on this technological change and limited competition in the open market to create a practical token ecosystem by combining the adult entertainment industry and cryptocurrency. ...
Baca selengkapnya

ETHenitymining

Gambar
ETHernitymining is a new project of great impact in the cryptographic market, being the first self-sustainable and expandable mining platform that works with 100% renewable energy, which will have its main facility located in South Africa and 91% of the energy for the Operation of the facilities will be supplied by green energy sources. This innovative platform is backed by blockchain technology and makes agreements through intelligent contracts. ETHernityminig will undoubtedly become one of the best options for small and large investors, this promises to be a profitable and stable project in the long term, which offers the benefits that are not found in regular mining platforms, such as 30% discount on purchases, and that percentage is rewarded with extra mining equipment. If we think of a real confrontation between regular mining and ETHernityminig, we can visibly find the differences in favor of this new project, since it not only offers the tempting discount mentioned abov...
Baca selengkapnya

MenaPay - Change the financial industry by crypto

Gambar
According to  Whitepaper : MenaPay aims to become the most commonly used cryptocurrency in the MENA region. Focusing on 18 countries [1] and 441 million [2] people, MenaPay carries the mission of becoming the largest non-bank payment solution by using blockchain technology while generating significant returns for the investors. The business model that you can review in detail in this paper will create a whole new standard in crypto industry by distributing 75% of total revenue among MenaPay Token Holders. And you can see, This is called Mena region. The Middle East and North Africa region includes 18 countries and approximately 441M population. The region officially speaks two languages. 359M (81% of the region) people speak Arabic and 81M people speak Turkish. 93% of the region practice Islam religion. The population here is mainly Muslims and the country is very economically developed, especially in banking and finance. MenaPay is the first blockchain based non-bank di...
Baca selengkapnya