ATOMIC

in cryptocurrency •  6 years ago 

Blockchain-powered technology is intent on leading the future of financial markets. One of the greatest market challenges is the remaining necessity of trust towards centralized financial services in an otherwise decentralized environment. Third party custody risks affect ecosystem sustainability, bringing vulnerability to manipulative and regulative actions.
Atomic Wallet radically solves problems described above by introducing a fundamentally new platform for custody-free, transparent, immutable cryptocurrency trading.

Our platform is the simplest way to connect buyers and sellers within a decentralized framework.
That’s why Atomic Wallet is a completely new type of decentralized cross-blockchain exchange.

Atomic Swap

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 via blockchain, while party B does the same with Coin B. These actions happen independently on parallel blockchains, 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. An atomic cross-chain swap, on the other hand, solves this problem without the need for a third party.

Atomic Swap main features are:

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