BITCOIN ATOM - allows users to change digital assets in the right direction

Hallo all, in this case I'll explain about the Bitcoin Atom project, and for this one here is the explanation:
Bitcoin Atom (BCA) is Segwit, which activates the Bitkoynovsky plug with an atomic swap on the chain on the board and a hybrid consensus.
The Atomic Bitcoin development team is working on a special set of tools for network exchanges in the network and outside the network, which allows you to exchange all crypto in uncomfortable ways for different blocks. In 2018, it is planned to launch a network with a disconnected network.
Bitcoin Atom (BCA) is working on a network that allows users to share digital assets in a completely decentralized way.
The platform will use atomic swap (AS) and an integrated time-based hash contract (HTLC) to provide users with freedom from intermediaries or centralized agencies such as exchange. The BCA network allows the parties to interact directly and carry out direct transactions - the original purpose of emergency cryptograms and decentralized constraints.
Exchanges such as OKEx, and Coinomi agreed to check and make the BCA tradable when the fork takes place in January. How to change the work of Atom and HTLC?
Atomic swap allows two users to work on different blocks to directly redeem cryptography through an entirely unforgiving process. Both parties agree with the terms prior to the transaction - for example, 50 Litecoin per bitmoney - and use their private key to sign a copy of the transaction. As soon as the signature is in place, the exchange takes place immediately.
Exchange atoms use a contract with a hash (HTLC) with a temporary blocking, which requires that both objects meet the requirements for trading. The HTLC mandate ensures that the parties themselves issue proof of cryptographic payment to ensure that the exchanged funds are received within a certain period of time. If either party can not confirm the transaction within the specified time period, the coin is returned to the original sender. Thus, atomic and HTLC exchanges allow users to carry out transactions directly without the need for intermediaries.
Bitcoin Atom network and advantages of direct peer-to-peer transactions
In fact, Bitcoin Atom is an ant that allows Bitcoin from SegWit. Their goal is to use HTLC so that users can exchange crypt information through a serial exchange of atoms. The team plans to integrate the cross-chain exchange utility and the atomic change API into Bitcoin's core software and incorporate it into the BCA blocker.
As a result, BCA blockgain users can communicate directly with each other without the need for a standard cryptographic exchange. All users must make the transaction open its Bitcoin Atom site and place an order for purchase or sale. After entering into an agreement with the other party, the HTLC ensures that the transaction will pass quickly and reliably.
By eliminating the need for third-party cryptocorrelation exchange, Bitcoin Atom will reduce transaction costs for both parties. Many exchanges of crypto-currencies charge a fee for each transaction, in addition to fees for deposits and withdrawal of banks. This means that more money is a bag for exchange and less money for individuals. The widespread use of cryptocardiological exchange was replaced by one centralized authority - the bank - with other centralized centralized centralized, crypto-currency exchange authorities. The end result is exactly the same.
Typical trading processes on third-party exchanges include the following stages:
- check in
- test
- verification process
- making an exchange on your account
- booking
- create a review
- removal process
- receipt of coins
All these steps can be time-consuming, usually 3 to 5 working days, depending on the exchange provider.
Now let's take a closer look at what happens to the ugly crypto process through Atomic Swaps:
Now let's take a closer look at what happens to the ugly crypto process through Atomic Swaps:
- Place your order inside your site.
- Get deviations from Cripple. You can easily open your ATOM BITCOIN node and immediately place an order for sale / purchase without any problems or intermediaries.
The main advantages of an atomic report over a
trading network with more efficient trade
DELETE the delay (caused by a lack of deposit / withdrawals, server downtime, etc.).
DECREASE your private key, preventing the possibility of losing your coins (for example, Mount Gox).
MINIMATE the potential security breach.
Keep personal identification (without any verification process).
DECENTRALIZE the entire trading process, so it's really peer-to-peer.
Reduce trading costs to a minimum.
Bonus for holders bitcoins
trading network with more efficient trade
DELETE the delay (caused by a lack of deposit / withdrawals, server downtime, etc.).
DECREASE your private key, preventing the possibility of losing your coins (for example, Mount Gox).
MINIMATE the potential security breach.
Keep personal identification (without any verification process).
DECENTRALIZE the entire trading process, so it's really peer-to-peer.
Reduce trading costs to a minimum.
Bonus for holders bitcoins
All bitcoat holders that have their secret key during the fork (TBA block number) will receive Bitomo's Atom for 1 BTC = 1 BCA. You need to manage your Bitcoin private key to claim and broadcast Bitcoin Atom.
Bitcoin Atom is a plug-in fork with a basic protocol update, which will occur in mid-December (TBA block number). On a predefined block number, the original BTC block will be attached to the BCA, and any transactions made since then will be completely separate in the Bitcoin and Bitcoin Atom networks. At that time Bitcoin Atom will live on the network and become fully functional cryptographic.
Specification
Ticker Symbol:
Maximum BCA: 21 million
Distribution: Mining, chasing,
ordering PoW algorithm: SHA256
PoW interlock interval: 10 minutes.
Block interval PoS: 10 minutes.
Block size (actual): 1M (2-4M).
Difficulty: 2 weeks.
Average confirmation time. -rx tx: 5 minutes
Change of atom: Yes
Segwit: Yes
Re-protection: Yes
Unique address format: Yes
Ticker Symbol:
Maximum BCA: 21 million
Distribution: Mining, chasing,
ordering PoW algorithm: SHA256
PoW interlock interval: 10 minutes.
Block interval PoS: 10 minutes.
Block size (actual): 1M (2-4M).
Difficulty: 2 weeks.
Average confirmation time. -rx tx: 5 minutes
Change of atom: Yes
Segwit: Yes
Re-protection: Yes
Unique address format: Yes
ROAD MAP Up

here Explanations from me and for more information, please visit some of the Sites below

here Explanations from me and for more information, please visit some of the Sites below
For more information:
WEB SITE: https://bitcoinatom.io/
FACEBOOK: https://www.facebook.com/atombitcoin
TWITTER: https://twitter.com/atombitcoin
TELEGRAM: https://t.me/bitcoinatom
Author by: Naomikatarina
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