Bitcoin Atom BCA

$0.2212
Market Cap $ 4.055 MM (#525)
24h Volume $ 15.445 K
Chg. 24h: -0.62%
Algo. score 3.2/5  (#467)
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Bitcoin Atom project purpose and description

Bitcoin Atom clarity of purpose

Bitcoin Atom purpose and aspects

Bitcoin Atom (BCA) brings a truly decentralized way of digital asset exchange  with on-chain atomic swaps on board. 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. Bitcoin Atom development team is working on the LN implementation, allowing for instant off-chain atomic swaps. LN transactions are cheaper, more useful for smaller transactions and have better privacy properties. 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.

Bitcoin Atom categories

Decentralized exchange

Short description

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.

Link to Roadmap: https://bitcoinatom.io/
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