INTRODUCTION TO BITCOIN AIR
Bitcoin Air is a platform that is dedicated to putting an end to the problem of volatility in cryptocurrencies which is causing a setback in its adoption globally for businesses.
Bitcoin air has a unique technology called the Air protocol which is an offline decentralized reserves system which curbs against volatility which happens with other cryptocurrencies and maintain the value of merchant’s earnings or funds and at the same time create a positive impact on the environment indirectly.
Bitcoin Air platform has made a thorough analysis of cryptocurrencies and was able to conclude that the greatest issue being faced with cryptocurrencies which hinders its development and adoption by organisations globally is volatility in cryptocurrency values coupled with lack of regulations, and this is the sole reason behind the establishment of the platform in order to provide a lasting solution to these issues.
HOW DOES BITCOIN AIR WORK?
With the well planed mode of operation being provided by Bitcoin air, Organizations, businesses and individuals need not worry o having their funds or earning depreciate in value before conversion into real FIAT because of the off-chain feature being introduced by Bitcoin Air which will allow users to convert their tokens into the present USDAP value which is a stable currency within their wallet. The user will be provided with a QR code to print out which can be used for transactions and can be sent into a bitcoin air wallet. When this is being done, the market cap and circulating supply of Bitcoin air would reduce in order not to reduce the value of other Bitcoin air users. Whenever a user hands over this Air cash to a merchant to conduct a purchase, the private keys and public address will be added to the wallet of the Air cash receiver. The paper document becomes useless after this is being done and can be disposed off. This stable Air cash can also be burned back into Bitcoin Air through the burn or mint process without having to affect the price of another Bitcoin air user.
WHAT ARE THE UNIQUE FEATURES OF THIS TECHNOLOGY?
- Bitcoin Air will have the opportunity of minting off-chain making sure the value is maintained thereby being the first to implement Air Cash
- Bitcoin air will create massive adoption by small businesses globally via the implementation of its Air cash
- Achievement of cryptocurrency that can produce a stabilized market and reduction of human carbon footprint
- Addition of Bitcoin UTXO with core features such as Lightning network, segregated witness and atomic swaps
- Bitcoin air bilaterally operating dual blockchain will be as a result of bitcoin and Peercoin blockchain fork.
Conclusively, the technical solutions being provided by Bitcoin air in order to eliminate the volatility in cryptocurrencies being witnessed on daily basis in the market is second to none. Also with the transparency, simplicity, security and usability of these technology, then we can boastfully say that cryptocurrency adoption as means of payment for transactions is on its next level and will definitely witness a mass adoption by businesses globally.
PROJECT TEAM
For more insights and enquiries about this technology platform, feel free to visit the links below;
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Author Bitcointalk Username; amusanmikel2
Bitcointalk Link: https://bitcointalk.org/index.php?action=profile;u=2305577
Eth address: 0x56E19a3DcaF241667FbFb0Dd370a3046b6Fd13b5