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[BitcoinAtom_support]

why is this fork created?? for what purposes??

Hey aragon4ikSS, as per the ANN:

Bitcoin Atom (BCA) brings a truly decentralized way of digital asset exchange – with on-chain atomic swaps on board. By using built-in hash time-locked contracts (HTLCs) and its own HTLC API, Bitcoin Atom attempts to disrupt the way we exchange cryptocurrencies today, giving independence from intermediaries and any centralized entities.

We believe that most cryptocurrency trades should be conducted on-chain in a decentralized way, as per the original Bitcoin’s approach to transacting in a completely trustless environment.

Atomic Swaps (AS), currently implemented via HTLCs on-chain and potentially via Lightning Network (LN) off-chain, bring an ability to swap assets directly between blockchains without any intermediaries involved. This ability is called atomic cross-chain trading, and we propose the Bitcoin Atom’s support for it at its core, by bringing AS API and a set of cross-chain trading utilities into the original Bitcoin core software and forking it into BCA.

Bitcoin Atom’s AS model is expected to bring transparency to digital asset trading, as attempts to churn volume via on-chain atomic swaps will be detectable by passive observers. This means that users cannot show up with a small amount of coins and then create a ton of fake volume covertly.

BCA network is additionally secured by utilizing the so-called hybrid consensus: both PoW and PoS models are put in place, increasing network stability and reducing the power of miners, hence lowering the 51% attack probability. Despite having Proof-of-Stake in addition to Proof-of-Work, Bitcoin Atom is not inflationary in terms of emission as PoS only serves the goal of decentralizing network power. Max supply of BCA remains the same as of the original Bitcoin (21M).

Project's core values: Independence, Decentralization and Transparency.

[Admkng5]

It is very interesting project, Bitcoin with PoW and PoS algorithms.

[BitcoinAtom_support]

It is very interesting project, Bitcoin with PoW and PoS algorithms.

Thank you for your support Admkng5!

[nguyenhoven]

It is very interesting project, Bitcoin with PoW and PoS algorithms.

It's!

[kabzeon]

So many forks out of Bitcoin, each focusing and improving one or many aspects of it. It's commendable and a necessary step in scaling a great concept. Bitcoin will be replaced by one of these forks, question is which one. Many forks will have technological merits on their own, but those who manage to get a fast public adoption stand a better chance. Good luck dev.

[BitcoinAtom_support]

So many forks out of Bitcoin, each focusing and improving one or many aspects of it. It's commendable and a necessary step in scaling a great concept. Bitcoin will be replaced by one of these forks, question is which one. Many forks will have technological merits on their own, but those who manage to get a fast public adoption stand a better chance. Good luck dev.

Thank you for your words of support kabzeon, we really appreciate it.

[nguyenhoven]

So many forks out of Bitcoin, each focusing and improving one or many aspects of it. It's commendable and a necessary step in scaling a great concept. Bitcoin will be replaced by one of these forks, question is which one. Many forks will have technological merits on their own, but those who manage to get a fast public adoption stand a better chance. Good luck dev.

Thank you for your words of support kabzeon, we really appreciate it.

Vietnam bitcin atom fans waiting fork!

[rafzalan]

Interesting, what about future trading? Is it possible?

[nguyenhoven]

this the best fork of bitcoin  

[bitcoinman93]

Interesting, what about future trading? Is it possible?

They've mentioned they would start with BTC and LTC atomic swaps, but I don't think futures would be some major technical issue to implement. I guess it could come at later stage.

[bucayboyne]

why is this fork created?? for what purposes??

Hey aragon4ikSS, as per the ANN:

Bitcoin Atom (BCA) brings a truly decentralized way of digital asset exchange – with on-chain atomic swaps on board. By using built-in hash time-locked contracts (HTLCs) and its own HTLC API, Bitcoin Atom attempts to disrupt the way we exchange cryptocurrencies today, giving independence from intermediaries and any centralized entities.

We believe that most cryptocurrency trades should be conducted on-chain in a decentralized way, as per the original Bitcoin’s approach to transacting in a completely trustless environment.

Atomic Swaps (AS), currently implemented via HTLCs on-chain and potentially via Lightning Network (LN) off-chain, bring an ability to swap assets directly between blockchains without any intermediaries involved. This ability is called atomic cross-chain trading, and we propose the Bitcoin Atom’s support for it at its core, by bringing AS API and a set of cross-chain trading utilities into the original Bitcoin core software and forking it into BCA.

Bitcoin Atom’s AS model is expected to bring transparency to digital asset trading, as attempts to churn volume via on-chain atomic swaps will be detectable by passive observers. This means that users cannot show up with a small amount of coins and then create a ton of fake volume covertly.

BCA network is additionally secured by utilizing the so-called hybrid consensus: both PoW and PoS models are put in place, increasing network stability and reducing the power of miners, hence lowering the 51% attack probability. Despite having Proof-of-Stake in addition to Proof-of-Work, Bitcoin Atom is not inflationary in terms of emission as PoS only serves the goal of decentralizing network power. Max supply of BCA remains the same as of the original Bitcoin (21M).

Project's core values: Independence, Decentralization and Transparency.

it is the best explanation about this fork i read

[bucayboyne]

 you just clear a lot of my doubts

[Huxleyfree]

It is very interesting project, Bitcoin with PoW and PoS algorithms.

if this fork has success, will BTC increase their value?

[Huxleyfree]

this the best fork of bitcoin 

Why do you think that?

[rokieinvest]

do you ask if you have to make any registration to participate?

I wann know if i have to make any type of registration, too

DO you ask this to participate in the bounty program or in the fork?

Yes, i ask this

The bounty is like another one

[rokieinvest]

do you ask if you have to make any registration to participate?

I wann know if i have to make any type of registration, too

DO you ask this to participate in the bounty program or in the fork?

Yes, i ask this

The bounty is like another one

If you participate in it and join to facebook ans twitter you must register

[johnsmithx]

I would like to warn everybody about this project. One of the admins on Telegram just tried to increase their legitimacy by claiming that anybody can study and check their source code, while in reality no such code is published, which another admin consequently admitted. Here is the proof:



Either the first admin knowingly and willfully lied or he is an idiot that doesn't know what he is talking about. Either way, you probably want to think twice if this kind of people is somebody you want to have anything to do with.

[ATOMICSWAP]

You conveniently forgot to include the following reply to your claim in telegram:

We are not posting the BCA node code just yet because we have yet to announce the block number, and are not interested in people pre/post-mining. Please do not worry - full code will appear on Git in due time. Meanwhile calm your accusations - we are working very hard, as this is an extremely difficult fork as it implements hybrid consensus, atomic swaps & lightning network, which no other fork has.

[Schopenhauer365]

do you ask if you have to make any registration to participate?

I wann know if i have to make any type of registration, too

DO you ask this to participate in the bounty program or in the fork?

Yes, i ask this

The bounty is like another one

If you participate in it and join to facebook ans twitter you must register

I understand this,because they need to have my data to give me the stakes

[Schopenhauer365]

do you ask if you have to make any registration to participate?

I wann know if i have to make any type of registration, too

DO you ask this to participate in the bounty program or in the fork?

Yes, i ask this

The bounty is like another one

If you participate in it and join to facebook ans twitter you must register

I understand this,because they need to have my data to give me the stakes

But to participate in the fork, what is necessary?