Topic: ★★ ATB Coin - the world’s fastest and most secure cryptocurrency ★★ - page 3. (Read 106163 times)

Hei,

Who is already using your micropayments and where? With whom you have negotiations?

Gr,

Rando.

Micropayments are defined as small online transactions. There are 3 models of such payments. Pay-as-you-go is considered to be a classic. There is also prepay and postpay models that have been created in order to solve the issues of the abovementioned model. Let’s have a look at the last two.

Prepay
Customers are charged by merchants for a certain amount during a certain period of time. Those charges are transformed in a virtual currency that can then be used to purchase products from this merchant online. Customers can also purchase gift cards. Prepay method is often used to pay for newspapers, magazines, movies or games subscription monthly/yearly.

Pros and cons:
+ if you pay a large amount in advance in a single transaction the fee will be less rather than making payments every certain period.
+ with physical gift card users can choose how to pay if they don’t have credit or debit cards to use online

– a merchant should have a tracking system to monitor the amount that customer has on its hands
– if gift cards are available in brick and mortar stores, merchants must pay to distribute them
– users pay up front for access to everything whether they want it or not
– Impulse buying is not preserved

Postpay
Postpay model has a lot in common with a traditional online shopping – users pay after they decide to make a purchase. Merchant tracks user’s individual microtransactions, aggregate purchases and bill them as one amount. Postpay can also be used for the subscription.

Pros and cons:
+ users don’t need to make a large transaction to purchase products
+ aggregated payments usually reduce transaction fees
+ impulse buying is preserved

– a merchant should have a system to track user’s purchases and aggregate them
– users may only buy one product and don’t get back to the store anymore
– customers can only purchase products with credit or debit cards online

Hei,

You are posting now just some plain news about features in general. Do you have info about your marketing activities and other internal activities that you do to boost this coin?

Gr,

Rando.

I think Boolberry is a good compromise most can live with. I for one even like it pretty good, its unique, friendly and the berry part makes for some fun puns in upcoming applications. Happy this is resolved (although none of my great suggestions got elected Roll Eyes )

There are many rumors in the cryptocurrency community about the issue of coins and centralization. Exactly these two security issues cause the greatest concern among those who purchase cryptocurrency. Particularly vulnerable cryptocurrency is based on POS algorithm. The last thing the modern crypto holder wants is to face the inflation of coins.

The developers of ATB coins reduced the risk of inflation to a minimum. It was achieved because of a small amount of coins in the Genesis block. There will be 50 million coins in the Genesis block. A drop in remuneration for the solved block by 50% every two years is also provided. Such conditions are considered ideal for the emergence of new community members.

The second significant advantage of ATB is the solution of centralization problems. Moreover, the centralization of the cryptocurrency doesn’t depend on the algorithm of writing.

ATB creators found the optimal solution to protect their community from centralization. They used the deterministic randomization function for the next block in ATB Coin blockchain. These formulas are based on the size of the bet, the lowest hash values will limit the possibility of wealth accumulation, which means that the cryptocurrency will have never got centralization in this case.

As you can see, ATB creators did everything to make users not just feel safe, but really confident in the future.

you should be responsive and be posting updates all the time especially if people who invested are facing problems or else everyone would think this project is abandoned

A friend of my foolishly invested in the ICO and lost 90% of his money. After doing some research, I found a Verified ICOs review from awhile back:

https://www.verifiedicos.com/ico/atb-coin

And also another article by a blockchain evangelist:

https://medium.com/@Demien/if-you-bought-atb-coin-you-got-rekt-d0c5ebdb82df

He should of done more indepth analysis looking into this project before putting 10 grand in.

At this time its just a copy paste Bitcoin fork albeit with fancy and slick marketing for the ICO.  No evidence of ongoing active development.

PoS is not as secure as PoW and PoW is easy enough to 51% attack lately.  PoS also promotes capital concentration just like PoW mining.

Hey! You better join our telegram chat and talk about your problem to our support manager. https://t.me/atbcoinchat

Need help, i have more than 1000 atb in my wallet and it was staking normal for months until 09/06/18. Its is not staking for a week now. Wallet is unlocked and on and checked in console. Any thoughts?

ATB Coin is a cryptocurrency based on POS with the use of SegWit and Lightning Network protocols. These technologies provide the possibility to make fast and frequent transactions. The ecosystem of the coin is also powered by 3 key features:

ATB Wallet
The wallet is available on PC, mobile (iOS, Android) and web-application. The app doesn’t take much space and is fast for use - there is no need to copy the full blockchain to use ATB Coin.

Power efficiency
POW-based cryptocurrencies consume a lot of energy, while ATB Coin is based on POS protocol and doesn't require big capacities.

Cost efficiency
ATB Coin doesn't require ASICs to use the coin. Thus, users save money on expensive equipment.
   
Coin holders are provided with a cost- and power-efficient cryptocurrency which can be used anytime and anywhere. Stay tuned for more news!

I think this project is abandoned. Slack link is expired, support doesn't respond value is blummeting and people around the world, including myself are reporting coins disappearing from wallet for no apparent reason. This has been going on for months and ATBcoin team has not provide response of any kind. Maybe it's the vacuum cleaner that sucks my coins? Mr. Hoover should know, even though he probably has no idea about how crypto works at the first place.

Hello ATBCoin believers,

Our aim is to add value to the whole crypto community by giving the best user experience to analyse cryptocurrencies.

It would be really great help from your side if you can spend 60 seconds of your time and give us your valuable feedback for our two recent updates 1) Snapshot and 2) Colourful interface of ATBCoin at: https://cointopper.com/coin/atbcoin

Constructive criticisms are always welcome at CoinTopper.  Thank you!!

Writing this note to remind you that ATB is also trading at FreiExchange. We are trying to get the volume up on this coin. Could you please add FreiExchange to your website.

In the cryptocurrency world, there are several attacks cryptocurrency can suffer from. 51% of these threats are presented by monopoly problems and a double-spending attacks.

The most dangerous problem exists when one of the hosts possesses 51% or more computing power and gains a complete control over it. Such attacks usually occur in the POW-based cryptocurrencies only. When it happens, the swindler needs to buy some serious mining equipment which costs more than $15 billion. Though this sum may be considered very big, in fact it is doubled.

In ATB Coin network a 51% attack cannot happen. It is explained by the following reasons: As ATB Coin is a POS-based cryptocurrency, the hacker has to possess at least 51% of all network resources. He has to buy at least 25.5 million of ATB Coins. This quantity of ATB coins is 51% of the genesis block right after launch. Moreover, in case if such an attack occurs, the swindler won’t get any benefits. It will negatively influence the market rate of the cryptocurrency. It means that the hacker himself will suffer from damages.

Speaking about double-spending ataccs, it should be noted that in ATB Coin they are prevented. It is necessary to confirm every transaction. In order to consider the blockchain valid, appropriate confirmations should be made. Therefore, it is obligatory to make not less than 6 confirmations in this process.

https://openledger.io/market/ATB_BTS

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Not Found 

This coin is going constantly down.
Why is that?

Proof of Work (PoW) VS Proof of Stake (PoS): which of them is used by ATB

In the cryptocurrency world, there are 2 main types of mining of cryptocurrencies, which are based on fundamentally opposite methods: Proof of Work (PoW) and Proof of Stake (PoS).

The principle of PoW is based on the fact that the miners compete among themselves, performing computational operations, and the chance of a block drop is proportional to the power involved, i.e. the weaker the PC, the less it is. When you mine cryptocurrency according to the PoS principle, the probability of a block drop is proportional to the amount of the coins of this cryptocurrency,which belongs to the miner, from their total number.

The advantages of Proof of Stake over Proof of Work include:
· Much less need for resources in comparison with Proof-of-work
· The impossibility of a classic attack of 51% due to the lack of power influence in the ranking
· Even if an attacker concentrates 51% of all coins in his hands, the work of the blocking units will be broken, which will lead to the impossibility of gaining profit, not to mention that such an attack will be very expensive
· Commissions in networks operating under the PoS principle are below than it is in Proof-of-Work .

The consensus mechanism Proof-of-Stake is a “cryptocurrency” brainchild invented to facilitate the lives of people who earn cryptocurrency. That is, this method of protection is invented purely for using it directly in cryptoworld. For the first time this idea was published on the BitcoinTalk forum in 2011 by the QuantumMechanic user, as an alternative to the Proof-of-Work used in Bitcoin blockchain. And already in 2012-2013, it has become widespread and is still used as the main method of mining cryptocurrencies.

Cryptocurrency ATB uses Proof-of-Stake in its algorithm, which makes it possible to minimize the cost of mining coins to a minimum.

https://atbcoin.com/proof-of-work-pow-vs-proof-of-stake-pos-which-of-them-is-used-by-atb/