Bitcoin Atom (BCA) is a SegWit enabled Bitcoin fork with atomic swaps, hybrid consensus and lightning network which will be implemented on block #505888 on January 25–26, 2018. The fork aims to eliminate weaknesses in BTC by bringing a hybrid consensus approach, on-chain atomic swaps via HTLCs and their faster off-chain lightning analogs.
Bitcoin Atom fork date and block number announced! Jan. 25-26, Block #505888. Please see new post below on all the ways you can claim and obtain Bitcoin Atom! #BitcoinAtom #bitcoin #HardFork #cryptocurrencyhttps://t.co/7WxbclAejV pic.twitter.com/5LtGVBIoKv
— Bitcoin Atom (@atombitcoin) January 18, 2018
Features of Bitcoin Atom:
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.
Lightning Network swaps
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.
Hash time-locked contracts (HTLCs)
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.
- 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
All Bitcoin holders who possess their private keys at the moment of the fork #505888 will receive Bitcoin Atom at the rate of 1 BTC = 1 BCA.
- Coinomi wallet
- ESR wallet