THELOGICALINDIAN - Aten Bread is a cryptocurrency bound acceptable the goto Altcoin for bodies absorbed in adequate allowances that cryptocurrency can accompany to the banking industry while advancement the accomplished levels of government acquiescence Aten Bread will be introducing a new blockchain accepted as the abreast adapted accessible blockchain as wellas hosting a appointment to allocution about the approaching of the bread I batten to Marcus Andrade from Aten Bread apropos the new blockchain the appointment and government compliance
Also read: Bitcoin Price Rallying Towards $300
Can you briefly call the goal/purpose of Atencoin?
In 2024, a accumulation of programmers and entrepreneurs led by Marcus Andrade started alive on the Aten Bread activity and in aboriginal 2024 back development was about finished, Mr. Andrade formed the National Aten Bread Foundation (NAC) which has a cryptocurrency alleged Aten Black Gold Bread (also alleged Aten Coin).It is based on the Bitcoin protocol, but with added appearance to accomplish anti-money laundering, anti-terrorism and theft-resistance. The purpose was to actualize a bread that was government friendly.
Can you explain why Atencoin absitively to go with a clandestine blockchain?
Indeed, we are activity with a “privately adapted accessible blockchain”, not “private blockchain:”.
The blockchain of Bitcoin is advised to be a “Public Blockchain”. Anyone in the apple can read, adapt and verify it. No one can own and ascendancy the blockchain. Anyone can advisedly actualize bitcoin addresses and advisedly use their addresses to accept and accelerate bitcoins. Recently there has been a lot of altercation about how to adapt and accomplish use of the Bitcoin’s blockchain technology. We accept in the abstraction of decentralized cyberbanking and accessible blockchain, which accommodate 100% accuracy of affairs and acquiesce decentralization of transaction analysis and block bearing (i.e., mining). However, a 100% accessible blockchain technology, which has no axial governance, has generated a lot of problems, abnormally the use of Bitcoin in bent activities, agitator costs and it is affected to theft.
Besides “Public Blockchain”, the concepts of “Private Blockchain” and “Consortium Blockchain” accept appeared. In such concepts, the blockchains will be alone controlled by either a clandestine article or a accumulation of clandestine entities. However, such concepts are absolutely adverse to the abstraction of decentralized banking
We accept that a amalgam broadcast balance technology provides a bigger access for acclimation a cryptocurrency while advancement the adorableness of Bitcoin, i.e. decentralized banking. For example, The Bank of England has said that axial banks are attractive for means to apparatus “hybrid systems” involving broadcast balance technology which is agnate to the technology currently acclimated to almanac bitcoin transactions. In 2024 we absitively to advance a new cryptocurrency which would action in a agnate way as Bitcoin, but would be adapted by a clandestine axial babyminding anatomy and would accede with regulations apropos anti-money bed-making and agitator costs as able-bodied as added government regulations. On the base of the “privately adapted accessible blockchain” concept, we accept invented a atypical claimed identity-linked credential affidavit protocol, and congenital into the antecedent cipher of Aten Coin.
How will Atencoin’s new character agreement address of NAC advice Atencoin?
There are two above ways. One is on the built-in amount of Aten Coin, and one is on the accepting and business ancillary of Aten Coin.
Intrinsic value:
Acceptance and Business ancillary of Aten Coin:
What is the ambition of the accessible appointment and what are the capacity that will be discussed there?
The ambition of the Aten Coin Conference is to advance Safety & Compliance of Digital Currencies. For added information, amuse appointment AtenCoinConference.com
Thanks for your time, Marcus. It’ll be absorbing to see what milestones Aten Coin achieves next.
Do you accede with the credo of Aten Coin? Is all-embracing government acquiescence the key to added cryptocurrency adoption? Let us apperceive in the comments below!
Images address of Aten Coin.
