Despite its increasing technology an utilization among cypto-communities, the fact that improper management of cypto assets such as tokens will be easily gone without you knowing how and when. Because if its ever increasing demands and exchanges happening every day, what was once expected from using cyptocurrencies – such as transparency and independency among other markets, is now slowly getting covered by the current custody risks from existing trading platforms.
Another issue the current crypto-market is facing is the tendency to be regulated among officials. Because of its free and independency to the current market, officials find it as a threat that would disrupt the current market’s situation and leaving all people going to the said digital market. So to keep things balanced, there is a possibility for it to be regulated. Nonetheless, without it still happening, the independency should remain true as this is one of the top reasons why the crypto world was born.
Furthermore, current trading platforms might end up giving its traders false data because of its claimed “centralized” decentralized platform.
So to help solve the aforementioned problems, the Atomic Wallet was born with hope to help traders globally trade without any hassle, full of transparency and trade in a real decentralized platform.
Atomic wallet is a custody-free trading platform which makes it one true decentralized platform. Its custody-free capability, traders are now finally free from centralized trading operators facilitating exchanges.
The Atomic Wallet ecosystem allows its users to do asset management that houses multiple types of cryptcurrencies to easily keep track of them with a single view and dashboard. Atomic Wallet also pioneered its proprietary exchange platform called Atomic Swap that eliminates any third-party risks when doing trading or exchanges. This will also results in a much safer, transparent and a fixed exchange rates giving users the ability to get the most out of their assets.
Lastly, Atomic Wallet’s platform boasts is strong security technology. Leaving all the management assets controlled only by the owner, even the Atomic Wallet community will not get the chance to get a hold of any user’s assets, leaving the overall platform a real decentralized nature.
Atomic Wallet: Asset Management
Boasting the capability to handle multiple types of cryptocurrencies, users now have the capability to manage all of them in a single platform, with a single dashboard and seeing all necessary information such as addresses and amount of tokens. Also, the UI of the system allows users the flexibility to do any management activities in their digital assets such as receiving assets to its wallet, importing assets directly to the wallet using unique private keys, storage of private keys in a secured environment, sending assets to other addresses, selection of which cryptocurrency node and blockchain explorer to use.
Atomic Wallet: Atomic Swap
Second is the Atomic Swap. This is a proprietary feature of the Atomic Wallet that allows users to do trades and exchanges in a custody-free environment further leaving no room for any third-party activities from happening in-between.
The Atomic platform also boasts its Atomic Distributed Order Book. This lists all assets available for exchange and bidding allowing all users the see anything that is available in a single sight to start the investment journeys.
The Atomic Swap technology of the platform starts with an initiator wanting to do some exchange to the participant. To do this, the initiator will send a contract to the participant containing encrypted information called a “secret” and the amount of tokens up for trade. In a similar manner, the participant will also send a similar contract containing a cryptographic hash from the initiator’s secret. Until the patrician haven’t learned the secret and the initiator haven’t revealed its secret at a certain period of time (usually an hour), no trading will occur and the amount stated will transferred back to the initiator’s wallet.
This is one effort from the Atomic ecosystem that allows all its users the capability to handle their assets one their own without any need of intermediary entities from looking over every transactions. The communication between the initiator and participant will be the key to the success and completion of an initiated trade from happening.
Everything is controlled according to the direct participants alone. The image below shows the overall process happening during an Atomic Swap activity.
Atomic Wallet: Secured Platform
The Atomic team values security at all levels to be implemented in the platform. All funds will be controlled and manipulated by the owners and all transactions will be thoroughly encrypted to safeguard all users’ assets.
Atomic Wallet: Multicurrency Capabilities
The heart and soul in a trading platform lies on how many currencies it can handle and place up for exchange. With Atomic Wallet, many cryptocurrencies are listed and available to be managed and traded by the users.
The image below further shows other coins accepted by the Atomic trade platform.
Atomic Wallet Token Sale Details
Token: AWC
CO start date: 01 Jul 2018
ICO end date: 31 Jul 2018
ICO token supply: 15,000,000
Accepted currencies: ETH
To get the latest updates on this ICO, visit their official social media pages and view their website and whitepaper.
Author: Hypervira
Website: https://atomicwallet.io/
Whitepaper: https://download.atomicwallet.io/atomicwallet-whitepaper.pdf
ANN Thread: https://bitcointalk.org/index.php?topic=4437510.0
Twitter: https://twitter.com/atomicwallet
Facebook: https://www.facebook.com/atomicwallet
Telegram: https://t.me/atomicwalletchat
Medium: https://medium.com/@atomicwallet
Reddit: https://www.reddit.com/r/atomicwallet/
Author Link: https://bitcointalk.org/index.php?action=profile;u=1419911