Kamis, 25 Januari 2018

Bitcoin Atom (BCA) is Segwit which activates Bitcoin forks with on-chain atom swaps on board and hybrid consensus.

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What does that actually mean ?

On October 31, 2008, Satoshi Nakamoto published the original Bitcoin white paper, which stated in part:

“What is needed is an electronic payment system based on cryptographic proof instead of trust, allowing any two willing parties to transact directly with each other without the need for a trusted third party.”

In January, 2018, is that what we generally find? We do not. The vast majority of Bitcoin transactions take place through centralized or centrally-managed exchanges or other types of “trusted third parties”.

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.

About Bitcoin Atom

Bitcoin Atom (BCA) is Segwit which activates Bitcoin forks with on-chain atom swaps on board and hybrid consensus. Atomic Bitcoin enables the exchange of decentralized digital assets by utilizing the time-locked hash (HTLC) contract and its own HTLC API, providing freedom from intermediaries and centralized entities.

The Atomic Bitcoin development team is working on a special toolkit for on-chain and off-chain network swaps, which enables the exchange of all crypto in inconvenient paths across different blocks. The off-chain lined lightning network is scheduled to launch in 2018.

How Do We Restore The Peer-to-Peer (P2P) Aspect of Bitcoin ?

Bitcoin Atom (BCA) restores the peer-to-peer (P2P) aspect of bitcoin with Atomic Swaps and Lightning Network capability embedded directly into the coin. Per our roadmap, available at https://bitcoinatom.io/ some of these capabilities are onboard now, and some are coming soon.

How Can You Get Bitcoin Atom ?

If you hold Bitcoin (BTC), you can get an equivalent amount of Bitcoin Atom (BCA) from one of our exchange or wallet partners. And whether or not you hold Bitcoin (BTC), you can purchase Bitcoin Atom (BCA) from any of our exchange partners. Please see the full list of current Bitcoin Atom exchange and wallet partners at https://bitcoinatom.io/

Bitcoin Atom (BCA) is one of the most exciting forks of Bitcoin, and the fork is coming up quickly, at Bitcoin block #505888, estimated to occur on January 25–26, 2018.

If You Hold Bitcoin (BTC), You Are Eligible For 1:1 Equivalent Bitcoin Atom (BCA)

If you hold BTC (Bitcoin), you inherently qualify for a 1:1 matching amount of Bitcoin Atom (BCA).

How can you claim your Bitcoin Atom ?

On Exchanges

You simply need to move your BTC to a Bitcoin Atom partner exchange prior to the fork date (Jan 25–26), block number 505888, in order to claim your BCA.

You Can Buy Bitcoin Atom (BCA) Futures

Bitcoin Atom exchange partner YoBit is offering Bitcoin Atom futures. To see pricing and charts, please see the Bitcoin Atom markets page on CoinMarketCap.

You Can Mine Bitcoin Atom (BCA)

Bitcoin Atom uses the same hashing algorithm as Bitcoin (BTC), and so, any mining operation that is set up to mine BTC is set up to mine Bitcoin Atom (BCA). And if your favorite cloud mining service isn’t set up for BCA yet, please feel free to encourage them to do so. Just tell them to email hello@bitcoinatom.io for all necessary details.

You Can Buy Bitcoin Atom on Exchanges, as of the Fork (Bitcoin block #505888)

Bitcoin Atom exchange partners will offer Bitcoin Atom for purchase as of the time of the fork. And if your favorite cryptocurrency exchange isn’t set up for BCA yet, please feel free to encourage them to do so. Just tell them to email hello@bitcoinatom.io for all necessary details. The current list of Bitcoin Atom exchange partners is listed and linked above, and you can always check https://bitcoinatom.io/ to see when more have been added.

If you are interested in the coming of this great project, I'm sure your life will be much better than before.

Posts by Dico88

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