With Main Protocol Upgrades

Hallo All, in this Blog I will introduce about Bitcoin Atom (FORK) project, and for more details let's just go to the following discussion:

introduction

Bitcoin Atom (BCA) presents a completely decentralized way to exchange digital assets - with the exchange of chain atoms on board. By using its built-in hash time-locked contract (HTLCs) and its own HTLC API, Bitcoin Atom tries to interfere with the way we exchange current cryptocurrencies, providing freedom from intermediaries and centralized entities.

We believe that most of the cryptocurrency trade should be done on-chain in a decentralized way, in accordance with the original Bitcoin approach to transact in a totally unbelieving environment.

Atomic Swaps (AS), which is currently implemented through an on-chain HTLC network and potentially via an off-chain Lightning (LN) network, brings the ability to exchange assets directly between blockchains without the intermediaries involved. This capability is called the cross-linking of atoms, and we propose Bitcoin Atom support for it at its core, by bringing the US API and a set of cross-trade utilities to the original Bitcoin core software and shipping it to BCA.

The US model Bitcoin Atom is expected to bring transparency to digital asset trading, as efforts to increase volume through the exchange of chain atoms will be detectable by passive observers. This means that users can not appear with a small number of coins and then make a ton of false volumes in disguise.

The BCA network is also secured by utilizing a hybrid consensus called: both PoW and PoS models are installed, increasing network stability and reducing the miner's power, thus lowering the probability of 51% attacks. Despite having a Proof of Stake other than Proof of Work, Bitcoin Atom is not inflationary in emissions because PoS serves only the purpose of decentralizing network strength. Max BCA supply remains the same as the original Bitcoin (21M).

The core value of the project: Independence, Decentralization and Transparency.

Implementation

Bitcoin Atom is a fork of blockchain Bitcoin with a major protocol upgrade that will occur in January (block number TBA). On a predetermined number of blocks, the original BTC block will be attached to BCA, and any transactions made since then will be completely separate on the Bitcoin and Bitcoin Atom networks. At that time, Bitcoin Atom will live on the mainnet and become a fully functional crypto.

All Bitcoin holders who have their private key at the time of fork (block TBA number) will receive Bitcoin Atom for 1 BTC = 1 BCA. You need to control your Bitcoin private key to claim and transact Bitcoin Atom.

Furthermore, the BCA team will focus on developing the cross-atom trade chain toolkit, as well as integrating the LN model with off-chain exchanges to Bitcoin Atom. A road map that includes this milestone will be published separately.

Specification
Ticker Symbol:
Provision of Max Max: 21 Million
Distribution: Mining, Minting, Claiming
PoW algorithm: SHA256
PoW Block Interval: 10 Minutes
Remaining Block PoS: 10 Minutes
Block size (actual): 1M (2-4M)
Adjustment difficulty: 2 Weeks
Avg tx confirmation time: 5 Minutes
swap atom: Yes
Segwit: Yes Protector
repeated: Yes
Unique address format: Yes
Bitcoin Atom (BCA) presents a completely decentralized way to exchange digital assets - with the exchange of chain atoms on board. By using its built-in hash time-locked contract (HTLCs) and its own HTLC API, Bitcoin Atom tries to interfere with the way we exchange current cryptocurrencies, providing freedom from intermediaries and centralized entities.

We believe that most of the cryptocurrency trade should be done on-chain in a decentralized way, in accordance with the original Bitcoin approach to transact in a totally unbelieving environment.

Atomic Swaps (AS), which is currently implemented through an on-chain HTLC network and potentially via an off-chain Lightning (LN) network, brings the ability to exchange assets directly between blockchains without the intermediaries involved. This capability is called the cross-linking of atoms, and we propose Bitcoin Atom support for it at its core, by bringing the US API and a set of cross-trade utilities to the original Bitcoin core software and shipping it to BCA.

All Bitcoin holders who have their private key at the time of fork (block TBA number) will receive Bitcoin Atom for 1 BTC = 1 BCA. You need to control your Bitcoin private key to claim and transact Bitcoin Atom.

Bitcoin Atom (BCA) futures started trading today, January 12, 2018, at Yobit at https://yobit.net/en/trade/BCA/BTC, immediately followed by Exrates and other exchange partners.

BCA futures are currently trading around 0.1 BTC per 1 BCA or about $ 1350 at current BTC prices.

All BTC holders with a private key or BTC store with one of our partners will receive 1: 1 Bitcoin Atom (BCA) at the time of fork (expected in block 505 888).

Bitcoin Atom (BCA) is a Segwit that activates Bitcoin forks by swapping atoms, hybrid consensus and lightning networks.