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Author Topic: ⚛️ SWAPS.ORG – TRADE NATIVE CRYPTO - XMR/BTC/ETH/ERC-20 - ON-CHAIN DEX ⚛️  (Read 54742 times)
BitcoinAtom_support
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December 11, 2017, 03:14:17 PM
 #201

Sounds like this fork has a purpose at least. I love the idea of atomic swaps, this is truly the way we should exchange our coins. I hate centralized exchanges and also the decentralized solutions that are availible for now are not really satisfying, so I really believe that atomic swaps will be the future of exchanging crypto. I will stay tuned and monitor this project. Lets see if we have a fork here that will achieve something new.

We feel you bribed, I'm sure each of us has already experienced those delays, missing coins, unresponsive support and many other issues related to centralized exchanges. This will not be happening with Atomic Swaps. BITCOIN ATOM is here to make sure of that  Wink
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December 11, 2017, 03:19:54 PM
 #202

project is quite good and interesting. For 1: 1 fork for Bitcoin is the same as Bitcoincash. one question from me? what is the predicted price for BitcoinAtom when it releases in exchange?

 
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BitcoinAtom_support
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December 11, 2017, 03:27:49 PM
 #203

Is this a decentralised project?

Yes Schopenhauer365, BITCOIN ATOM is a decentralized open source project. All our codes will be available on Github
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December 11, 2017, 03:37:36 PM
 #204

Exciting Bitcoin fork project, but why you chose the ASIC friendly SHA256 algorithm over a GPU or a CPU mining algorithm?

And why did you implement a two-week difficulty adjustment?

We already had a similar question, and our thinking on it is the following:

Atomic Swaps are the way forward for exchanging - this is called innovation for decentralization.

Bitcoin holders will receive one Bitcoin Atom for each Bitcoin they hold.

Merry X-mas Roll Eyes

if you want to decentralize, get rid of sha256 and move to a gpu only algo.

There already exist forks which attempt to decentralize the system by moving to a GPU-only algo. BCA, however, takes a different approach (in terms of block generation & consensus model) and uses a hybrid PoW/PoS, providing processing power decentralization.

Regarding 2-week difficulty adjustment: nothing surprising actually, as retargeting on every block would result in ridiculous oscillation in the difficulty level when there's a hot streak and several blocks are found in short succession or a cold streak where a block isn't found for a long period - as per Compro01 (bitcoin.stackexchange) and common sense.

Reference:
https://bitcoin.stackexchange.com/questions/9305/why-not-retarget-on-every-block
https://en.bitcoin.it/wiki/Adaptive_difficulty

Swaps.org is Atomic Swap DEX and multi-chain self-custodial wallet for non-wrapped cryptocurrencies, i.e. BTC, XMR, BCA, ETH, ERC20 (DAI, USDC, USDT)
BitcoinAtom (OP)
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December 11, 2017, 03:39:46 PM
 #205

Exciting Bitcoin fork project, but why you chose the ASIC friendly SHA256 algorithm over a GPU or a CPU mining algorithm?

And why did you implement a two-week difficulty adjustment?

I'm wondering the same on two-week difficulty adjustment

Please check my post above on 2-week adjustment: retargeting on every block would result in ridiculous oscillation in the difficulty level when there's a hot streak and several blocks are found in short succession or a cold streak where a block isn't found for a long period


Swaps.org is Atomic Swap DEX and multi-chain self-custodial wallet for non-wrapped cryptocurrencies, i.e. BTC, XMR, BCA, ETH, ERC20 (DAI, USDC, USDT)
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December 11, 2017, 03:42:17 PM
 #206

Is there any article about this fork?
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December 11, 2017, 03:45:32 PM
 #207

More info about Atomic Swaps, HTLCs and Payment Channels in LN allowing for off-chain swaps:

https://en.bitcoin.it/wiki/Atomic_cross-chain_trading
https://en.bitcoin.it/wiki/Hashed_Timelock_Contracts
https://en.bitcoin.it/wiki/Payment_channels
https://en.bitcoin.it/wiki/Lightning_Network
https://rusty.ozlabs.org/?p=462

Our goal is to simplify decentralized exchange of value in cryptos and eventually make it instant & hassle-free out of the box.

Swaps.org is Atomic Swap DEX and multi-chain self-custodial wallet for non-wrapped cryptocurrencies, i.e. BTC, XMR, BCA, ETH, ERC20 (DAI, USDC, USDT)
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December 11, 2017, 03:53:28 PM
 #208

I like swaps, you receive free coins only for holding Bitcoins Cheesy
how many bitcoins have I to have to participate in the fork?
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December 11, 2017, 04:02:30 PM
 #209

Exciting Bitcoin fork project, but why you chose the ASIC friendly SHA256 algorithm over a GPU or a CPU mining algorithm?

And why did you implement a two-week difficulty adjustment?

I'm wondering the same on two-week difficulty adjustment
what two-week difficulty adjust?
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December 11, 2017, 04:04:58 PM
 #210

pretty scrap project information and missing a lot of nianse.It seems quite interesting and promising but does not inspire trustDo you have a telegram?

What's missing - happy to provide it?

Telegram is on the front page of the website (bitcoinatom.io): https://t.me/bitcoinatom
I think that I'm going to join in the group  Smiley
Do it, it worthy
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December 11, 2017, 04:24:55 PM
 #211

There will be pre-mined coins?
is it used to be a pre-mined coins before a fork?
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December 11, 2017, 04:46:40 PM
 #212

AS is the future of coin exchange. Good thought Dev. Just make sure you pursue this lofty ideal ultimately, and this could be the thrue hier to BTC's soon-to-be-vacant throne

BetFury🐥Twitter | 📩 Telegram | 🎲 You play - We pay | YouTube 🍿|Instagram🕹Free BTC 1 800 Satoshi every day
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December 11, 2017, 05:27:45 PM
 #213

There will be pre-mined coins?

No premine is possible for a Bitcoin fork (due to its nature). Thus, there will be no premine for BCA.

Swaps.org is Atomic Swap DEX and multi-chain self-custodial wallet for non-wrapped cryptocurrencies, i.e. BTC, XMR, BCA, ETH, ERC20 (DAI, USDC, USDT)
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December 11, 2017, 05:41:17 PM
 #214

What wallets will be permited for Bitcoin Atom?
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December 11, 2017, 05:50:48 PM
 #215

Have you already read this Medium post? It's interesting. In there, they say what are going to do to solve Bitcoin problems.
Take a look https://medium.com/@bitcoinatom/bca-vs-btc-addressing-weak-points-8133b09d8db9
BitcoinAtom_support
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December 11, 2017, 05:51:25 PM
 #216

Exciting Bitcoin fork project, but why you chose the ASIC friendly SHA256 algorithm over a GPU or a CPU mining algorithm?

And why did you implement a two-week difficulty adjustment?

I'm wondering the same on two-week difficulty adjustment
what two-week difficulty adjust?

You can find further info about network difficulty on following link:

https://en.bitcoin.it/wiki/Difficulty

Thank you
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December 11, 2017, 06:07:22 PM
 #217

AS is the future of coin exchange. Good thought Dev. Just make sure you pursue this lofty ideal ultimately, and this could be the thrue hier to BTC's soon-to-be-vacant throne

Absolutely agree on AS. Regarding the throne, you can be sure we're working very hard to live up to our community expectations. Smiley
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December 11, 2017, 06:10:38 PM
 #218

⚛️⚛️⚛️⚛️BOUNTY BOUNTY BOUNTY⚛️⚛️⚛️⚛️

⚛️⚛️⚛️⚛️https://bitcointalk.org/index.php?topic=2567797⚛️⚛️⚛️⚛️

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December 11, 2017, 06:36:53 PM
 #219

⚛️⚛️⚛️⚛️BOUNTY BOUNTY BOUNTY⚛️⚛️⚛️⚛️

⚛️⚛️⚛️⚛️https://bitcointalk.org/index.php?topic=2567797⚛️⚛️⚛️⚛️

is this the bounty of this project?
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December 11, 2017, 06:50:11 PM
 #220

⚛️⚛️⚛️⚛️BOUNTY BOUNTY BOUNTY⚛️⚛️⚛️⚛️

⚛️⚛️⚛️⚛️https://bitcointalk.org/index.php?topic=2567797⚛️⚛️⚛️⚛️

is this the bounty of this project?

Correct
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