If there is one trend that has become apparent in cryptocurrency, it is how Bitcoin tends to spawn a lot of new ideas. Not all projects are worth paying too much attention to, for rather obvious reasons. The Bitcoin Air project, which is possibly not even a serious project, is trying to generate some buzz among crypto enthusiasts.
The Bitcoin Air Concept
There are too many versions of Bitcoin on the market already. All of these clones also use the Bitcoin name in an effort to ride the world’s leading cryptocurrency’s coattails. Some succeed in this regard, whereas others struggle for traction. Bitcoin Air will fall into the latter category for now, although it remains to be seen how things unfold in this regard.
Bitcoin Air wants to position itself as a community-driven venture. Their business culture primarily revolves around transparency, scaling, and security. If there is one thing Bitcoin has lacked, it is scaling, although solutions are currently being developed to address that particular problem in the coming months.
Under the hood, Bitcoin Air uses a very different consensus algorithm compared to the real Bitcoin. It combines proof-of-work with proof-of-stake and a dual-chain blockchain infrastructure. That latter aspect is developed with Carbon Credit Asset backing, which might sound appealing to the right people.
There is also an initiative in place to build user-friendly applications. In this day and age, no cryptocurrency project can exist without its own native applications. Given how Bitcoin Air is still relatively unknown, the need for a “killer app” will become all the more prevalent. Achieving that goal, on the other hand, will prove to be very challenging.
The biggest question that comes to mind when new currencies are proposed is which future path they will follow. While Bitcoin Air wants to solve the “key issues associated with cryptocurrencies”, the way they plan to go about it is not necessarily more or less appealing compared to other projects. After all, it has been difficult, if not nigh impossible, for any current and abandoned cryptocurrency to hold a candle to Bitcoin.
It would appear Bitcoin Air will be distributed through a fork. A snapshot of the Bitcoin blockchain has been taken, by the look of things, yet there is no official launch date for Bitcoin Air as of yet. Peercoin holders will also be part of this airdrop, which makes for an interesting situation. Making the project successful, however, will require a lot of hard work.
Hi JP thanks for the article. The utilization of auditable carbon credits used on a private blockchain that permits for atomic swaps is groundbreaking work. I believe you understated the importance of the DUAL fork, Peercoin will be utilized as well, “which makes for an interesting situation” to say the least, literally. You could highlight the importance of the technology but you chose to write it off as just another Bitcoin Fork. Shame.
I couldn’t disagree more with this artcle.
Yes, there are tons of coins that use Bitcoins name to gain notoriety, but that simply isn’t the case here.
Integrating Peercoin tech into this blockchain only makes it a much stronger, safer project than many of the other coins in this area.
Not to mention, this coin has a STRONG community that is growing exponentially by the day.
I’m not saying you can’t be skeptical. This is crypto. A good amount of skepticism is healthy. Just don’t write off XBA just yet – this is only the beginning
Thanks so much for this awesome review. The BitcoinAir community is such a huge one where all hands are being put on deck to see to the actual success of the project. I see bitcoin air as the future and the revolution in the cryptocurrency world.
crypto world is so risky and know one can determine the future of the coin
but i Look forward to this project, i have seen that the team has a good team work improving all the possibility for the good future.
with a strong community it will surely go to the highest.
I was looking for the rest of the article….cut short. It is good to see Bitcoin Air mentioned in the media. Any press is good press, they say. Hard Community work will be bringing Bitcoin Air to everyone’s attention in the near future. Thanks for helping by writing on it!
Thanks so much I learned Alot of things here on bitcoin air it is a place where people are put first and everybody is carried along am great full and thanks for being part of this project
Bitcoin air is actually a very good project. The community is working hard. I’m very bitcoin air is existing
If I were a merchant and my customers would like to make payment in crypto, Bitcoin Air would be the best option as I do not have to worry about the volatility issues. My profit will always he fixed!
Bitcoin air is a strong project . And for project to succeed, it need a good and dedicated team which Bitcoin air has. And you guys writing about it show how strong the team has grown.XBA is here and it is going to stay.
this coin has a strong project and the dev is very smart put the price low so the holder not just rush and sell for profit, but hold and rise with community build the price