This is all reality that in this great century the era of technology has brought advancement in the world and has helped in revolutionizing the world, making it more conducive for living. This block-chain technology has helped this trending platform “BitCoin Air” to become the most efficient platform that has all capabilities more than it competitors. BitCoin Air is a block-chain base ecosystem which helps in solving problems of carbon emissions through the development of a dual chain volatile/stable coin pair dedicated to creating the most versatile and scalable solution for merchant and consumer use. Be on the right side and join this great platform by clicking on this link https://bitcoinair.net/
ABOUT BITCOIN AIR
Bitcoin Air is a bilateral dual-chain blockchain developed to deliver a means of indirect carbon emission reductions through decentralized, trust-less merchant/consumer interactions. Bitcoin Air will reduce carbon emissions through the development of a dual chain volatile/stable coin pair dedicated to creating the most versatile and scalable solution for merchant and consumer use.
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 backing of Carbon Credit Assets, and the strategic goal of reducing emissions through routine actions as simple as shopping at your local supermarket, Bitcoin Air plans to create the first environmentally friendly form of currency, which returns the power of health, wealth, and governance back to the consumers and merchants 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:
THE AIR PROTOCOL: Utilizing Bitcoin Air’s unique Air Protocol technology, users can choose to off chain the value of their Bitcoin Air, immediately locking in the 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. Throughout the analysis of cryptocurrency, volatility has come to be the largest issue. This is largely caused by market manipulation and in hand aided by low adoption, no regulation, and failed attempts at reserve systems. Bitcoin Air will defeat all of these issues 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.
Beyond the basic abilities, Bitcoin Air plans to be the first to implement “Air Cash”. Thanks to the off-chaining capabilities being implemented, the team will have the ability to mint off chain and make sure value is maintained and has also plan to expand upon this idea extensively beginning with the ability to off-chain your Bitcoin Air to USDAP Air Cash. You will be provided a QR code to print out that can be handed over like real cash and “swept” into a Bitcoin Air wallet as Bitcoin Air. During this process, creating the Air Cash will burn circulating supply from Bitcoin Air, and mint equal USDAP on the side chain. This will in turn provide a randomly generated private key to the QR code that will hold the value of the USDAP. This balance will not be available in your wallet, and will instead be pegged to this piece of paper. The user can then hand it to a merchant to conduct a purchase, or hand it to any other party to conduct a in person trade. Upon the receiver sweeping the balance to their wallet, the private key and public address will be added to their wallet for usage permanently from then on. The paper document would then become useless, and the address can be disposed of along with the document. This will be the first approach to a fiat introduction for cryptocurrency.
The market potential:
Bitcoin Air hopes to create the balance that will open the doors for mass adoption by all small businesses world wide. The current financial impact of small businesses on the United States GDP alone is 46%, that would put the potential market at upwards of $8.5 Trillion according to the current 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.
VISIT THE LINKS BELOW FOR MORE INFORMATION
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
ETH address: 0xF4A06d43E44DE3E1873f4F95ff3B7CD880190b74