ATB Coin – Fast Secure Cryptocurrency Blockchain Payment System?
ATB Coin Platform: Crypto-Investment Solutions
Cryptocurrencies have exploded in popularity in the past few months. All over the world, tech-savvy investors are jumping onto an increasingly innovative market. Further developments in blockchain technology have expanded the applicable fields of cryptocurrency tenfold, and the world market has been quick to account for the major developments being made in the market.
The decentralized nature of a cryptocurrency, though likely the initial draw for many of its users, is only a jumping-off point for the modern consumer of an anonymous form of payment. Smart contracts, blind authentication, and a host of other innovations allow consumers to take advantage of an entirely new way to conduct their business.
In particular, the developing banking market in the world of cryptocurrency continues to turn heads as one of the most interesting economic movements of the 21st century. Each day, new organizations pop up, offering a new interface and currency for investors to use to apply, grow, and consolidate their banking concerns.
The ATB Coin Platform is one such organization. Though it is the product of several years of independent research and planning, ATB’s open release to the world has been pretty quick—rolling out their official website early this year, ATB is gaining traction as a viable platform for the rapid consolidation of investments for the growing demographic of crypto-investors in the new economic order.
ATB Coin Basics
To start, consumers need to be aware that ATB Coin is a decentralized cryptocurrency. This means that no single entity controls the currency or the ATB platform. Instead, an extensive blockchain links thousands of bits of information together, preventing alteration while preserving the anonymity of transactions.
Several features of ATB Coin are poised to emphasize and expand the capability of the core features of a cryptocurrency. The Segregated Witness system, the Lightning Network setup, as well as the Smart Contract and Muti-currency wallet capability are all aspects of ATB that give its platform a unique universality to clients of increasingly varied investment backgrounds.
The following subsections will outline some of the main benefits offered by the main aspects of ATB’s coin platform.
The SegWit is a unique configuration of ATB Coin’s platform that allows programmers and experts to sidestep an important conundrum in the world of cryptocurrency. Instead of having to increase the block size of the information-storing block, the Segregated Witness system allows transactions to maximize their information efficiency while minimizing the size of the block.
ATB claims that the system allows transactions to be “placed in a block of higher quantity.” Additionally, the developers remark that the SegWit configuration automatically solves a variety of issues involving “network scalability, block overflow, transaction speed, and commission reduction.” If proven, these developments could drastically improve the way transactions are conducted across the block.
A self-repairing block system allows the blockchain to maximize the efficiency and speed with which transactions are requested and carried out.
The Lightning Network
Another aspect of ATB Coin’s initiative to optimize the transaction process is their Lightning Network. Their FAQ section elaborates, saying that the protocol allows them to “optimize the payment process” within the blockchain.
Additionally, the Lightning Network allows consumers to reduce the amount of time spent and commissions paid within any given transaction.
The “2 of 2” authentication system adds an additional layer of security and speed to the process, mandating two signatures within every transaction.
Smart contracts are one of the few parts of ATB Coin’s process that the organization did not create themselves. Instead, the integration of smart contract technology has become the norm of banking organization within the crypto-market.
Smart contracts are essentially sets of executable code which facilitate a number of different types of transactions between users. The major benefit to using a smart contract is that it allows the parties involved in the transaction to conduct their business while completely excluding the human factor—no human is able to interfere with the conclusion of the process.
Though perhaps not the most technologically sophisticated trait of the ATB Coin network, their inclusion of multi-currency wallet technology speaks volumes about their intent as a banking organization for traders of all backgrounds.
Multi-currency wallets are simply wallets that allow users to store “all popular” currencies in a single place.
Getting Started With ATB Coin
Much of the actual process involved in ATB Coin is only available once consumers request additional information. However, readers should be aware that the company essentially offers a decentralized investing platform with mining capabilities and profit-sharing opportunities.