ATOMIC SWAPS WALLET - MULTICURRENCY WALLET WITH DECENTRALIZED EXCHANGE

in blockchain •  6 years ago 

PREAMBLE

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One of the best things that different industries of the world experienced in recent time is called blockchain technology. Because the centralized way of operation in the various sector is faced with intermediaries and others issues that make transaction difficult. This has helped them deal with the traditional mode of operation that is not transparent and fair. The different digital currency projects are based on this innovative technology and caught the attention of the whole world in 2017, which is why a marketplace where they can be exchanged or traded is needed. The marketplace the digital currencies may be converted to another currency is called exchanges. This digital currency marketplace can group into:
• Centralized: The centralized exchange need intermediaries in the process of the transaction which allow hackers and various cyber threats possible.
• Decentralized: The decentralized exchanges allow the exchanges of different digital currencies on blockchain technology without any form of intermediaries.
In orders to offer a lasting solution to issues faced in the recent digital currency exchanges, a blockchain based exchange called Atomic wallet provides a decentralized platform for different digital currencies assets. This will be a management and transparent tool for different digital currencies assets.

INTRODUCING ATOMIC WALLET

The atomic wallet is a blockchain based wallet that allows different users from different part of the world to manage their digital currency assets. The Atomic wallet has fantastic features that will help effectively manage your digital currency assets in a user-friendly interface. The users will have access to secure, efficient tools to operate and import your old wallet with a private key. The feature that makes the platform one of the best are listed below:

1. Atomic distributed order book (DOB)
The show the sell and buy orders of the investors or trader, which will allow efficient tracking of orders placed on the marketplace. The fund will only be released if the orders of the two traders matched. The two traders will need to be online for such transactions to be executed. The platform can also cancel or perform offline orders which give it a competitive advantage above other exchanges. The Atomic Distributed Order Book will make every transaction and orders on the platform fair and transparent as much as possible.

2. Asset management
One of the issues currently faced in the digital currency market is how to manage digital assets effectively. The Simplified Payment Verification technology allows the users of the atomic swap wallet to perform the following tasks:
• Send Digital currencies
• Generate wallet to receive digital currency assets
• And import old wallet into the new one with their private key

3. Atomic swap
Any users looking for a secure exchange will find this feature of the platform unusual. The atomic swap will take the place of the intermediates in the centralized exchange needed to execute different orders. The parties involved will require a contract that can be created on the platform. Assuming Nikky (initiator) intend to swipe coin A for Drake (participant) coin B. The initiator which is Nikky will need to assign the amount of coin A to the previous contract she has generated on the platform. Then Drake will get the output of such a contract created from the platform. Drake can also go through the above-explained steps if he wishes to swipe to Nikky.

ATOMIC TOKEN
The Atomic wallet will primarily use AWC for various transactions on the platform. This token is a blockchain based type of token and can be used for fee payment on the platform.

TOKEN DETAILS
Symbol: AWC
Type: ERC20 Token
Full name: Atomic Wallet Coin
Decimals: 8
Total supply: 100,000,000 AWC
Contract Address: 0xad22f63404f7305e4713ccbd4f296f34770513f4

ALLOCATION

ROADMAP

TEAM

PARTNERS

CONCLUSION
The Atomic wallet will be a great tool, for the crypto traders and investors in the digital currency market. The wallet offers the different tool that helps in a secure transaction and effective asset management’s. The Atomic Wallet can be downloaded on your Microsoft and Mac devices. This will undoubtedly be a game changer for the entire participant in the digital currency market globally. For more information about Atomic Swap Wallet, visit the links below:
Website: https://atomicwallet.io/
Bitcointalk Thread: https://bitcointalk.org/index.php?topic=4437510.0

Whitepaper: https://download.atomicwallet.io/atomicwallet-whitepaper.pdf
Telegram: https://t.me/atomicwalletchat
Facebook: https://www.facebook.com/atomicwallet
Twitter: https://twitter.com/atomicwallet
Medium: https://medium.com/@atomicwallet

AUTHOR'S DETAILS
Bitcointalk Username: Bountyfit
Telegram: @odunayoipaye
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2256159
ETH Wallet: 0x7e45cfC9613022C736C6D821Bdd486588A5242d0

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