BITCOIN ATOM - EVOLVED BITCOIN WITH ATOMIC SWAPS AND LIGHTNING NETWORK

Hello,,This project is very interesting and here I am giving you basic information. and here is an explanation:

What is Bitcoin Atom(BCA)?

Bitcoin Atom (BCA) is a SegWit enabled Bitcoin fork with on-chain atomic swaps on board and hybrid consensus. Bitcoin Atom enables truly decentralized digital asset exchange by utilizing hash time-locked contracts (HTLCs) and its own HTLC API, giving independence from intermediaries and any centralized entities.

Bitcoin Atom’s development team is working on a special embedded toolkit for both on-chain and off-chain atomic swaps, allowing for exchanging any cryptocurrencies in a hassle-free way across different blockchains. Lightning Network off-chain swaps scheduled to be launched in 2018.

Bitcoin Atom (BCA) brings a truly decentralized way of digital asset exchange with on-chain atomic swaps on board. By using built-in hash time-locked contracts (HTLCs) and its own HTLC API, Bitcoin Atom attempts to disrupt the way we exchange cryptocurrencies today, giving independence from intermediaries and any centralized entities.

We believe that most cryptocurrency trades should be conducted on-chain in a decentralized way, as per the original Bitcoin’s approach to transacting in a completely trustless environment.

Atomic Swaps (AS), currently implemented via HTLCs on-chain and potentially via Lightning Network (LN) off-chain, bring an ability to swap assets directly between blockchains without any intermediaries involved. This ability is called atomic cross-chain trading, and we propose the Bitcoin Atom’s support for it at its core, by bringing AS API and a set of cross-chain trading utilities into the original Bitcoin core software and forking it into BCA.

Bitcoin Atom (BCA) brings a truly decentralized way of digital asset exchange with on-chain atomic swaps on board.using : The Power of Atomic Swaps,Advanced Interblokchain Mechanics,Years of Blokchain Research.

In the opinion of the Bitcoin Atom team, this directly negates not only the original vision of Satoshi Nakamoto, but even more importantly, it directly detracts from the power and potential of Bitcoin to be a truly revolutionary change that positively impacts, literally, billions of people, over time.

Project’s values :

Independence
Decentralization
Transparency

Key Benefits of Atomic Swap Above Centralized Stocks

Better Trade
REMOVING delays (caused by missing deposit / withdrawals, server downtime , etc.)
RETENTION your private key, preventing the possibility of losing your coins (ie Mount Gox)
MINIMIZE potential security breach.
Keep your personal identity (without any verification process).
DECENTRALIZE entire trading process so it is really peer-to-peer.
REDUCE trading costs to a minimum.

Specification

Ticker Symbol: BCA
Max Supply: 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
Avg tx confirmation time: 5 Minutes
Atomic swaps: Yes
Segwit: Yes
Replay protection: Yes
Unique address format: Yes

WE ARE CREATING A TRULY DECENTRALIZED BITCOIN

HYBRID CONSENSUS

BCA network is additionally secured by utilizing the so-called hybrid consensus: both PoW and PoS models are put in place, increasing network stability and reducing the power of miners, hence lowering the 51% attack probability.

LIGHTNING NETWORK SWAPS

Bitcoin Atom development team is working on the LN implementation, allowing for instant off-chain atomic swaps. LN transactions are cheaper, more useful for smaller transactions and have better privacy properties.

By using built-in hash time-locked contracts (HTLCs) and its own HTLC API, Bitcoin Atom attempts to disrupt the way we exchange cryptocurrencies today, giving independence from intermediaries and any centralized entities.

PARTNERS