Bitcoin Atom fork
The heat of the cryptocurrency market has soared up and investors are enjoying high return from the premium cryptocurrencies. That leads people to put money into cryptocurrency as a new global investment method. As market develops and attention has been put on the cryptocurrency, people are coming with new ideas and ways of improving existing systems. Some create their own cryptocurrency to fuel the new eco system, and some have ideas how to improve existing ones. Today we will be reviewing the second one, new fork of the most popular crypto – Bitcoin. Team behind https://bitcoinatom.io/ is working on improving Bitcoin, with a fork called Bitcoin Atom.
With the invention of Bitcoin back in late 2008. many things has changed. Blockchain technology offered wonderful new features, such as decentralised and transparent system. Sending money around the globe without a third party, such as banks, with significantly lower fees was almost unimaginable. Even though Bitcoin did a great job already, there is still a lot of space to improve.
Bitcoin Atom is a SegWit enabled Bitcoin fork that brings first truly decentralised way of exchange. Most of the exchange markets are centralised which doesn’t make sense, so this is a huge step forward to the highly desired centralised system. Compared to BTC, Bitcoin Atom is bringing faster transactions by using atomic swaps, that are currently implemented through the on chain HTLCs, with a possibility of switching off chain through the Lightning network. Security is also improved, by using hybrid model of both Proof of Work and Proof of Stake. Maximum supply of tokens stays the same – 21 000 000 of BCA tokens. Whoever owns Bitcoin and has the private key is going to be able to claim BCA, with a rate set at 1 BTC equals 1 BCA.
Important specifications:
- 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
Check out the company’s roadmap :
Now when you are introduced to the basics of this perspective project , for all the additional information please take a look at the official blog channel at the following link : https://medium.com/@bitcoinatom
Bounty Campaigns :
Another way of participating in the project is through bounty campaigns , where you can help the creators of the project with the marketing in different ways. For example through social network like Facebook or Twitter , or even translating the project to a different language and so on.
For your participation you will be rewarded with tokens.
Additional information about the bounty campaigns you can check at the following link :
https://bitcointalk.org/index.php?topic=2567797.0
There is also an official thread at bitcointalk forum for all the fans of crypto currencies , where you are more than welcomed to join and take part in the discussion about the project. All that and more at:
https://bitcointalk.org/index.php?topic=2515675.0
Some of the links you might need :
Official web page : https://bitcoinatom.io/
Blog : https://medium.com/@bitcoinatom
Twitter : https://twitter.com/atombitcoin
Telegram : http://t.me/bitcoinatom
Facebook : https://www.facebook.com/atombitcoin
About the authors of the project :
Team is led by a group of experienced developers, who joined together to reach the goal and start the company.
We should all join and help them reach the goal as everyone could have some benefits out of fit.
As a fan of crypto currencies I find this project very interesting, and I am sure many of you out there will share my opinion.
Take a look at the https://bitcoinatom.io/ and join the revolution!
my profil: https://bitcointalk.org/index.php?action=profile;u=1761658