MAKE YOUR PAYMENT AS LIGHT AS THE AIR WITH THE HELP OF BITCOIN AIR

in #blockchain6 years ago (edited)

As the generation is changing so are the things in it also changing from time to time. The technology of the 20th century and the technology of 21st century is not the same. 21st century has been recorded as one of the best century because it has the two most innovating technology which the blockchain and the internet, it has brought about the change which everyone has been waiting for. Since the year 2008 when bitcoin was introduced other cryptocurrency has come onboard from the same blockchain which the world is now almost being dominated by crypto. we have been making use of the bitcoin and other look alike crypto and we have experience then and now the world is now in need of something different from the past since everything which have an advantage also have a disadvantages the disadvantages of the other crypto’s is now making the crypto world un bearable for new users to come in most especially in the aspect of security, transaction rate, stability and so on which are not found in the some of the present blockchain. Be on the right side and join this great platform by clicking on this link https://bitcoinair.net/

WHAT IS BITCOIN AIR

Bitcoin Air is a respective double affix blockchain created to convey a methods for aberrant carbon discharge decreases through decentralized, trust-less dealer/buyer associations. Bitcoin Air will diminish carbon emanations through the advancement of a double chain unstable/stable coin match committed to making the most adaptable and versatile answer for dealer and buyer utilize. Merchants will be able to transact in cryptocurrency without the worry of profit loss due to fraud or technical issues within their conventional credit card processing equipment. Consumers will be able to transact in a multitude of ways including in person, over the web, or via Air-Cash Physical Currency. Bitcoin Air sees it that furthering the growth of an economic environment should do it's best to reduce negative impact in the space that is utilizes as much as possible.
Through the sponsorship of Carbon Credit Assets, and the key objective of decreasing outflows through routine activities as straightforward as shopping at your neighborhood store, Bitcoin Air intends to make the main naturally well disposed type of money, which restores the influence of wellbeing, riches, and administration back to the customers and dealers of the world. For more info, you can visit the link bellow, https://bitcoinair.org/wp-content/themes/btc_air/downloads/ShortPaper.pdf

PROBLEMS:
The biggest issues holding back mainstream adoption of cryptocurrencies is the volatility of the prices against the US dollar. Friends, family, and especially small businesses hesitate to accept cryptocurrencies for fear of the value dropping before they can spend or cash out the deposit. Bitcoin and Bitcoin Cash produce a complicated approach to usability, scaring away the masses of potential users who could benefit from the use of cryptocurrency in their daily lives. Current forms of consensus are a negative impact to the environment and produce no real means of value.

SOLUTION:
After looking at all these problems listed above I have come to conclusion that the best solution to this is Bitcoin Air. Because its main reason was to eliminate the problems which individuals are facing in the blockchain, this will be done by Bitcoin Air through the following process;
The Air Protocol: This is a process that will allow users of the Bitcoin air ecosystem to lock the value of USD value in relation to Carbon Credit Asset Backing. This off chaining capability will preserve the USD value of any burned coins in USDAP (USD Air Protocol) through a bilaterally operating side chain that will gain its supply through the action of off chaining your Bitcoin Air to USDAP. Maintain peace of mind knowing that the value of your Bitcoin Air is securely guarded by the Air Protocol
THE TECHNOLOGY: The technology behind the Air Protocol was based on the idea of an off chain decentralized reserves system that could maintain the end value of a merchants earnings, while producing indirect impact on the environment in a positive way. Bitcoin Air will eliminate the problems of the masses by ultimately providing both a decentralized payment system and a decentralized reserves system that can operate 100% trust free and decentralized from any central power. Bitcoin Air will start with a limited circulating supply that will vary based on the minting and burning of coins through the Air Protocol. Two bilaterally operating chains will be interacting with each other through consensus nodes that will come to an agreement on whether or not the burn/mint process can be pushed while ensuring a number of factors are in line before validating it on the network. This action, called off chaining, will occur by a consumer using the “spend” protocol or “swap” protocol initiating a burn of supply, and an immediate minting of exact USDAP on the side chain. This side chain will maintain a static value based on the amount of USDAP available through the off chaining process. The circulating supply of Bitcoin Air will lower along with the available market cap, maintaining the value of each share on the volatile chain. This will allow merchants and small businesses to “side chain” their value if they would prefer not to fall victim to market health.
THE APPROACH:
Bitcoin Air will focus on ensuring even the newest member to cryptocurrency has an easy, efficient way to utilize it for basic business function. Bitcoin Air will utilize a lot of the currently available technology including; Segregated Witness, Lightning Network, and Atomic Swap. This will expand into the off-chaining and on chaining features that will ultimately be implemented into the Air Protocol to secure the value of a user coins. Initially beginning with a full-node desktop application and basic exchange support, the earliest adopters will gain the early know-how to operate a full-node staking wallet that will allow them to gain a small reward for providing their resources towards consensus. The main development will focus on mobile and tablet applications for consumer and merchant protocols. This approach will include a full fledge portable-use application that will allow any user or business to operate via a clean and modern point-of-sale approach. These point-of-sale applications wouldn’t utilize the send/receive feature and would instead utilize the “spend/burn” feature upon a user transacting with a business. This operation would happen by a user choosing the wallet and setting it to the spend feature. This would then allow them to scan the QR code shown by the merchant point-of-sale, ultimately deducting the required amount from the wallet and operating the “spend/ burn” feature that would then off chain the value to USDAP within the merchants wallet, keeping it safe from the volatility of the market. During this operation, the market cap and circulating supply would drop collaboratively, maintaining the value of every other users of Bitcoin Air. The merchant could then burn there USDAP into Bitcoin Air whenever they would feel like doing so without effecting the price of another users Bitcoin Air during the burn/mint process.

Past the essential capacities, Bitcoin Air intends to be the first to actualize "Air Cash". On account of the off-affixing capacities being actualized, the group will be able to mint off chain and ensure esteem is kept up and has likewise plan to develop this thought widely starting with the capacity to off-bind your Bitcoin Air to USDAP Air Cash. You will be given a QR code to print out that can be given over like genuine money and "cleared" into a Bitcoin Air wallet as Bitcoin Air. Amid this procedure, making the Air Cash will consume circling supply from Bitcoin Air, and mint equivalent USDAP as an afterthought chain. This will thusly give a haphazardly created private key to the QR code that will hold the estimation of the USDAP. This parity won't be accessible in your wallet, and will rather be pegged to this bit of paper. The client would then be able to hand it to a trader to lead a buy, or hand it to some other gathering to direct an in person exchange. Upon the recipient clearing the parity to their wallet, the private key and open deliver will be added to their wallet for use forever from that point on. The paper report would then wind up pointless, and the location can be discarded alongside the record. This will be the primary way to deal with a fiat presentation for digital money. The market potential:
Bitcoin Air hopes to create the balance that will open the doors for mass adoption by all small businesses worldwide. United States GDP. To think mass worldwide adoption would put that current number to shame, but to start small and possible, even 1% of that current market flooding to Bitcoin Air through ease of access would mean a market capitalization of $85 Billion. Bitcoin Air seeks to develop an easy, user- friendly, rapid payment system that is accessible and secure enough for everyday use. not in respect of the rich or poor, so far as you are interested you can join and become part of the community.

FOR MORE INFORMATION JINDLY VISIT THE LINKS BELOW :
Website: https://bitcoinair.net/
Shortpaper: https://bitcoinair.org/wp-content/themes/btc_air/downloads/ShortPaper.pdf
Twitter: https://twitter.com/BitcoinAirUSA
Telegram: https://t.me/BitcoinAirENG
Medium: https://medium.com/@BitcoinAirNews
GitHub: https://www.github.com/BitcoinAir
Discord: https://discordapp.com/invite/Cr92Htu
Bitcoin talk ANN: https://bitcointalk.org/index.php?topic=5044039.new#new

By: Colvis22
ETH address: 0x0FB4D1319Eda11e50600E0f2e7DDE6bF4D1e350E