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Review on Bitcoin Atom by Toprak Dere

Revainrating 3 out of 5

About Bitcoin Atom

The Bitcoin Atom development team is working on the LN application that allows instant off-chain atomic swaps. LN transactions are cheaper, more useful for smaller transactions, and have better privacy features. By using built-in hybrid time-locked contracts (HTLCs) and its own HTLC API, coin Atom tries to achieve independence from intermediaries and any central entity by breaking the way cryptocurrencies are exchanged. The Bitcoin Atom development team is working on the LN application that allows instant off-chain atomic swaps.
Since the fork of Bitcoin is a blockchain, the team behind the Bitcoin Atom unit continues to prefer anonymity. Still, they have committed to bringing a solution to the problem of speed and cost through their websites and social media channels. It also includes atomic exchange protocols on and off the chain. In the project, there will be a mechanism that proves the proof of work and the qualification. Bitcoin Atom focuses on Bitcoin's P2P perspective and the major technological advances embedded in this coin. By clicking the buy button, it is possible to buy the unit.
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Pros
  • it is cheaper, more useful, and has better privacy features.
Cons
  • not listed in most exchanges