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Bitcoin Atom
Bitcoin Atom (BCA) is a cryptocurrency that truly brings a decentralized way of digital asset exchange with on-chain atomic swaps on board. Users can generate Bitcoin Atom (BCA) by mining[1].
Overview
Bitcoin Atom (BCA) is a SegWit empowered Bitcoin fork with on-chain nuclear swaps, hybrid consensus, half and half agreement, and a lighting system[2].
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.
Using the power of atomic swaps, advanced inter blockchain mechanics, and years of blockchain experience Bitcoin Atom (BCA) aims at creating a truly decentralized Bitcoin.
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.
Basically, Bitcoin Atom aims at introducing backing for both on-chain and off-chain decentralized trades in a single trading app, available on all major platforms[3].
Features
Explained below are some of the key features on the Bitcoin Atom (BCA) platform:
Hybrid Consensus:
The Bitcoin Atom (BCA) network is additionally secured by using the acclaimed hybrid consensus (i.e both Proof-of-work and Proof-of-stake) models which are put in place, thereby increasing network stability and reducing the power of miners. This also lowers the 51% attack probability.
Lightning Network Swaps:
Another feature on the Bitcoin Atom platform is the Lightning network swaps, which is undergoing completion by the Bitcoin Atom development team. This feature allows instant off-chain atomic swaps. Lightning Network transactions are cheaper, more useful for smaller transactions, and have better privacy properties.
Atomic Swap Enabled by (HTLCs):
By using built-in Hash time-locked Contracts (HTLCs) and its own HTLC API, Bitcoin Atom (BCA) attempts to disrupt the way we exchange cryptocurrencies today, giving independence from intermediaries and any centralized entities.
Tokenomics
Bitcoin Atom (BCA) is a crypto token having BCA as its ticker symbol. Users can generate BCA through the process of mining. Bitcoin Atom has a Maximum supply of 21,000,000 BCA and a circulating supply of 18,418,931 BCA as of the 29th of September 2020. It is currently traded in STeX[4].
Partners
Bitcoin Atom (BCA) is supported by OKEx, YoBit, Extrates, CryptoBridge, SimpleSwap, Bitlish, STeX, and Bitubi[5][1].
Social Media
The Bitcoin Atom (BCA) is active on social platforms including- Medium[6], GitHub[7], Bitcoin Talk[8], Reddit[9], Facebook[10], Twitter, Telegram[11], and Slack[12].
Bitcoin Atom
Commit Info
Edited By
Edited On
August 12, 2022
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