Hello! Today will introduce you to the Wallet Atomic project, the electronic wallet is available to all major operating systems on the market today . Together we learn this project right now.
We will go into specific content each of the Atomic Wallet project.
Atomic Swap
Token Atomic
How does Atomic Swap work?
Main benefits
Plan of Developers
Why was Atomic Swap becoming quite important?
Atomic Swap
Atomic Swap is a way to handle or Exchange virtual money (digital money), machinery, without third party needs. In the development of the virtual world, the use of atomic swaps is thought to be the correct solution in implementing a form of exchange of effective electronic money trading, safety and non-interference as a provider Service. This platform is currently very Hot because it’s safe for investors.
A cross sequence is an exchange of virtual money among users. The A and send code A to address B of the B-side token via block, while the B side performs similarly to the B token. These acts occur independently of the same block sequence, in a unique manner. Setting such a kind increases the possibility of either side never honoring her/ends his contract. One of the methods to solve this problem without requiring the third person.
The atom swap needs each side to arrange the agreement agreement. The deal holds an output that can be spent by the enemy side, but the laws needed to collect are different for each stakeholders.
- Token Atomic
Wallet Atomic will release its own token, named the Atomic Wallet (AWC). A strict boundary of 100 million AWC will be developed, never increased. AWC will only run on the ETH block chain with ERC: 20.
• Ticker: AWC
• Type Token: ERC20
• Full Name: Atomic Wallet Coin or AWC
• Decimal: 8
• Total Token: 100,000,000 AWC
Token’s financial system and premise to develop the following costs are explained in a special charter.
- How does Atomic Swap work?
We can see that atomic swaps is developed to manage transactions between 2 different virtual currencies. Atomic Swap is a technique that can exchange digital money in the “cross-chain”, immediately, without having to go from one side to the other party any third party service.
How it works, can be completed in 2 ways:
On-chain
Off-chain
Out of 2 ways, Atomic Swap works by applying the time-locked compression agreements (HTLC). This HTLC application originates from the idea of the BTC community to apply the Lightning Network.
- Main benefits
The notable thing is that the function of the purse, this will make it so well-known and needs:
No longer registration makes spending more time:
Consumers can exchange anytime: Only a few minutes are enough for this.
Swap directly from one to once again without a 3rd party pair. The lack of third parties has an extra impact on the company. No need to pay any commission
Do not scam with exchange rates: Full data is fixed, the intellectual agreement does not allow client deception
It is guaranteed by the exchange of string password or the deadline for return. There are obviously rules that must comply with the creation of the Agreement
Atomic Wallet’s interface is distinguished from its distinctive style and simplicity. There are no other skills that you do not need — the processes are made easy and fast
No non-centralized solution: the absence of a server will negatively influence the Atomic Wallet platform feature.
The centralized platform is obliged to ensure anonymity: consumer information is reliably secured from cyber attacks and attacks by scammers
Plan of Developers
Now, the plan is at the final Test stage — its group creators make sure they will be able to find the complete and quick errors that eliminate them. Already this year, it is expected to add some special new content and custom chat. Chat is the only opportunity to negotiate the cooperation, talk about any dispute issue. This weaving machine allows you to develop a reliable relationship with the client of this platform. In the fall, the creators of the proposed plan to showcase a complete browser, which would attribute special functionality. Direct link to their non-centralized system will allow you to quickly and simply use your wallet to pay for every purchase transaction made on the planet number.Why was Atomic Swap becoming quite important?
Some things to know are between 2 block chains also must apply the Atomic chain feature itself to run. The conventional electronic exchange usually applies centralized systems, with centralized management, capable of damaging users permanently. High quality potentials for network attacks, depressed with the rules can come quickly, potential scams and a lot of others. Furthermore, Atomic Chain also uses similar types of algorithms in the block. Certainly, this becomes quite important if we seem to beat the potential to the user how if we seem to be at the plan of conventional electronic exchange.
Written by:ICOBounty205
URL:https://bitcointalk.org/index.php?action=profile;u=1900405
• Official website: https://atomicwallet.io/
• Whitepaper: Whitepaper
• ANN: Bitcointalk
• Twitter: https://twitter.com/atomicwallet
• Reddit: https://www.reddit.com/r/atomicwallet/
• Telegram: https://t.me/atomicwalletchat