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Minggu, 04 Februari 2018

Bitcoin Atoms Provide Freedom From Intermediaries And Centralized Entity.

Bitcoin Atoms Provide Freedom From Intermediaries And Centralized Entity.


Bitcoin Atom (BCA) presents how a truly decentralized to Exchange digital assets — with the exchange of Atomic chain on board. By using the built-in hash time-locked contract (HTLCs) and fire his own HTLC Bitcoin Atom tries to disrupt our way of exchanging kriptocurrencies today, provides for freedom of the provider and a centralized entity.

We believe that most of the trade kriptocurrency should be done on on-chain with a decentralized way, in accordance with the original Bitcoin approach to Transact in an environment with absolutely no faith.

Atomic Swaps (us), which is currently being implemented through the network on-HTLC chain and potentially through a network of Lightning (LN) off-chain, bringing the ability to swap assets directly in between blockchains without intermediaries involved. This ability is called trade cross-chains of atoms, and we propose that support Atom for Bitcoin on the bottom line, by bringing US FIRE and a set of utilities to trade cross chain to the core software Bitcoin original and ships them to the BCA.

The US model of Atomic Bitcoin expected to bring transparency towards trade digital assets, as an attempt to increase the volume of Atomic chain through the Exchange would be detected by passive observers. This means that the user cannot appear with a small number of coins and then make a ton of fake volume are disguised.

Networking BCA also guaranteed by utilizing a hybrid called consensus: good model PoW and the post was installed, increasing the stability of the network and reduce the power miners, thus lowering the probability of attack 51%. Despite Proof of Stake in addition to the Proof of Work, not Atomic Bitcoin inflation in terms of emissions because the post is just serving the purpose of decentralizing the power network. Supply Max BCA remains the same with Bitcoin original (21M).

Bitcoin Atom will introduce a replacement called atom. This is the transaction on cryptographic valve that occurs directly on the stock exchange or without Blockchain! This will be done using such comprehensive API and tools added to the code of bitcoin. Another interesting thing about atomic Bitcoin is proof of work (POW) system, with evidence of a mixed system shares (post). The POST no longer is a decentralized network. As for the specs, like Atomic Bitcoin Bitcoin. There will be a total of 21 million.

Bitcoin Atom (BCA) offers a way to fully decentralized Exchange digital assets — with atomic network exchanges across the Board. By using the built-in hash-time-locked-contract (HTLCS) and own HTLC-fire, Bitcoin attempting to interfere with the way in which we exchange the current crypto and thus freedom of the provider and a centralized entity.

A typical third-party trading process includes the following steps:

  • Registration
  • Preview
  • The review process
  • Deposit account bills of Exchange You
  • Make A Booking
  • Withdrawal of funds
  • Payment process
  • Get coins

All these steps can take a long time, usually between 3 and 5 business days, depending on foreign providers.

Key benefits of change more than centralized Foreign atoms

  • Better trades
  • Postpone elimination (caused by loss of deposits/withdrawals, server downtime, etc.)
  • Keep your private key, which prevents the possibility of losing Your coins (for example Mount dariJoao).
  • Minimize the potential for security breaches.
  • Keep your personal identity (without verification process).
  • Decentralize the entire trading process so completely peer-to-peer.
  • Reduce the cost of trade minimum.
ROADMAP



Join the community of BCA: t.me/bitcoinatom.

For more information and to join the social media Bitcoin Atoms at this time please follow a few sources for the following references:


Author: Ghaniindependen
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