Welcome my readers to this wonderful platform. Today I am writing a very interesting project called ATOMIC WALLET. This project seems more interesting after reading the whitepaper. The project has a very good concept. I know this project will get high success. Consider investing. I am very happy with this project. I will explain a few more details below about this great project to be easily understood by everyone.
Atomic wallet is a decentralized multi-cash stage that gives a great, popular administration that enables clients to decrease exertion spent on overseeing crypto resources and makes it straightforward and dependable. Nuclear wallet stage isn’t only a wallet yet additionally has a cross-chain Atomic swap trade and a decentralized request book.
Atomic wallet uses the decentralized atomic wallet to do cross chain exchange without the interference of the third party. Atomic wallet device the method of decentralization to build a suitable, transparent and secure platform for users to keep and save their funds and digital assets. Our wallet is user-friendly, simple, easy to understand and supports a high number of cryptocurrencies and digital assets implemented on Atomic swap
HOW IT WORKS
The most reliable place to store cryptocurrencies is a wallet that cannot be accessed by hackers and can be understood by users.
Crypto-currency wallet is a blockchain that is constantly updated and available at any time. Currently, there are two main types of crypto-currency storage – “cold” and “hot” storage. When the “hot” method of coins is always available and requires access to the Internet, while “cold” storage does not need to be connected to the Internet, they are stored on personal devices, and they are considered the safest.
The Atom Wallet selects the “cold” wallet storage when the password is stored on the client device, and not on the server and only he is responsible for it. The steps needed to gain access to the wallet and maintain its security are as follows:
1: Personal password needed to make transactions made by users;
2: A backup phrase consisting of 12 words produced, serves as an additional opportunity to restore access to the wallet when the password is lost;
3: Encrypting all data stored on a user’s device also contributes to data protection: Advanced Encryption Standard (AES) is a symmetrical block cipher chosen by the US government to protect sensitive information and Transport Layer Security (TLS) is a protocol that ensures data confidentiality and integrity two communication
Atomic Wallet works with built-in Atomic Swap Exchange cross-chain swaps avoiding third-party risks. Basically, party A sends Coin A to party B’s Coin B address through blockchain while party B does the same with Coin B. These actions happen independently on parallel blockchain in a one-way fashion, such setup raises the possibility of either of the parties never honoring their end of an agreement. One of the ways to solve this issue is involvement of a trusted third party and atomic cross-chain swap on the other hand solves this problem without the need for a third party. Also known as atomic cross-chain swaps, the technology essentially allows two people holding tokens on two different blockchains to trade directly – and instantly – without the risk of one party running off with the other’s money before the trade is complete.”
“That is where the word ‘atomic’ comes in. It means that either the trade happens in its entirety, or it doesn’t happen at all. So, if a Lightning node goes offline or Bob reneges on his end of the deal, everyone gets their money back.
Atomic Swap main features include the following;
● Blockchain-based and peer-to-peer order execution
● Rapid and secure data transfer with Atomic Distributed Order Book
● Distributed Order Book anti spam and fraud protection
● Lowest transaction fees: for instance, each party pays 0.0002 BTC and 0.0001 LTC for BTC-LTC swap for any amount of coins
● An order is an offer, not a commitment
● Order placement doesn’t block customers’ funds
● An order can be executed with multiple trades
● Offline traders cannot trade
● Execution is a manual operation
● Maker is free to reject execution
• It merits featuring the elements of the wallet, which will make it well known and sought after:
• Never again run enrollment makes investing extra energy;
• No restrictions on the trade: the Atomic-Wallet is frequently advancing, shoppers are fit for trading each accessible computerized cash. Here you can always discover an associate for comparable gainful collaboration;
• No trick with trade rates: whole information are settled, scholarly assentions don’t permit deluding customers;
• It’s ensured by the crypto trade of chains or the term of return. There’re clear laws that must be taken after to make the arrangement happen;
• Straight trade of coordinated more with no outsider sets. The absence of outsiders plusly affects such firm. There’s no compelling reason to pay any commission;
• Purchasers can trade at any minute: only a couple of minutes is adequate for this.
• The procedure is sheltered and brisk;
• Unified stages are committed to warrantee secrecy: buyer data is dependably anchored from digital assaults and hacking by con artists;
• The interface of Atomic-wallet is recognized by its uncommon style and effortlessness. No further expertise you don’t require – the procedures are performed effectively and quickly;
• No decentralized arrangements: the nonattendance of one server decidedly impacts the including of the Atomic-wallet stage.
Additional Token Emission No
Accepted Currencies ETH
Bonus Program Private sale: 0.3 USD
Public sale: 0.4 USD
Token distribution 50% – Private Pre-Sale
30% – Founders & Advisors
15% – Public Sale
5% – Airdrop & Bounties
Funds allocation 40% – Initial Liquidity
30% – Software Development
20% – Marketing
5% – Legal and Operational
5% – Unexpected Costs
Dear reader, this is just a brief overview of the purpose, benefits and opportunities that can be gained from this innovative project. After reading this briefing, I am sure you will want to know more
For more information about this great project kindly click on the links below;
White Paper: https://atomicwallet.io/
Github : https://github.com/Atomicwallet
Medium : https://medium.com/@atomicwallet
Steemit : https://steemit.com/@atomicwallet
Reddit : https://www.reddit.com/r/atomicwallet
Bitcointalk Username: Kcokoo2
Eth Address: 0xE9a3c6d8e79901243e5D1ADEC46d11F27E4E61d9