REVIEW
Blockchain technology is taking the lead in the future of numerous sectors, industries and financial markets. The technology has a powerful and advanced infrastructure that draws attention of filmmakers, customers, media, business, and hedge funds. According to coinmarketcap.com statistics, cryptocurrency market contains over 1,5K different currencies with exchange turnover of over 14 billion dollar equivalent daily. The market capitalization and the volume of Cryptocurrency transactions is growing by the day, while recognition by the governments of different nations looks optimistic also.
Transparency and decentralization of the Cryptocurrency exchanges without third parties has always been the major priority of blockchain technology. However, It is evident today that most of the major Cryptocurrency exchanges from the top of coinmarketcap.com are centralized. More than once have major exchanges experienced security breaches.
There is currently a great market problem of trust towards centralized financial services in an otherwise decentralized environment. The actual market data is unverifiable and suffers from lack of trust due to the mechanisms utilized by centralized exchanges. Traders are often times misled by false data, intentionally or unintentionally distributed by centralized exchanges.
More so, the developers’ community is facing a number of unresolved issues preventing a full-scale implementation of the blockchain technology in a vast variety of industries, where it could potentially be applied beneficially. Apart from the current real-time market data, the history of trades and orders can be substituted, wiped off or distorted. With that being said, It becomes evident that there is a pressing need for proper end customer and average investor protection from aforementioned challenges appears to be an important move for further successful market development and adoption.
INTRODUCING ATOMIC WALLET
Atomic Wallet is a new type of decentralized cross-blockchain exchange that gallantly solves issues plaguing the blockchain technology by introducing a fundamentally new platform for custody-free, transparent, immutable cryptocurrency trading.
The platform is the simplest way to connect buyers and sellers within a decentralized framework. Atomic wallet functionality is built on the SPV (Simplified Payment Verification) technology which hinders prolonged blockchain synchronization.
FEATURES OF ATOMIC WALLET AS A DECENTRALIZED CRYPTOCURRENCY EXCHANGE
Atomic Swap: The platform makes use of a decentralized Atomic Swap to proceed with cross-chain exchange avoiding third party risks. ShapeShift and Changelly exchanges is engraved for coins not yet supported by Atomic Swap wallet.
High Security: The platform allows clients to be the only ones incontrol over their funds as they get to keep their encrypted private keys on their devices. Strong encryption and custody-free solution is implemented to guarantee a top notch level security for clients.
Multi-Currency: Atomic Wallet is designed as multi-currency light wallet that currently supports 300 +coins and tokens. It's the most convenient way to handle all crypto assets. The list is updated on a daily basis.
Transaction History: Transaction history is retrieved from blockchain explorers over the commonly used API requests.
Orderbook: Atomic Wallet utilizes own Distributed Orderbook technology (DOB) which is based on a BitTorrent protocol and cannot be seized or stopped. DOB is distributed among all the online wallets.
Order Execution: Order execution is processed peer-to-peer and blockchain based. The transaction is custody and possible intervention free.
Atomic Wallet Distribution: Application is distributed over the BitTorrent network and is supported by the customers. The plaform offers the lowest transaction fees.
Transaction Creation: Transaction is created on the customer-side. The client application handles all the necessary cryptography and transmits it to the node.
WATCH THIS VIDEO TO LEARN HOW TO PERFORM ATOMIC WALLET SWAP
ATOMIC WALLET TOKEN
Atomic wallet token (AWC) is an ERC20 token that runs on smart contracts based on the Ethereum blockchain.
Token Ticker: AWC ( Atomic Wallet Coin)
Type: ERC20 Token
Decimals: 8
Total supply: 100,000,000 AWC
Contract Address:
0xad22f63404f7305e4713ccbd4f296f34770513f4
Token proof https://etherscan.io/token/0xad22f63404f7305e4713ccbd4f296f34770513f4#readContract
ROADMAP
CONCLUSION
In Conclusion, Atomic Wallet was introduced to tackle the problem menacing blockchain technology by serving as the convenient and versatile decentralized solution for the custody-free cryptocurrency trading. The platfprm provides a powerful, in-demand service that allows users to reduce efforts spent on managing crypto assets and renders it transparent and trustless.
FOR MORE INQUIRIES, CHECK:
Website
Whitepaper
BitcoinTalk Ann
GitHub
Telegram
Medium
Token
Written By Best Okotie
Bitcointalk Username: sosopraise
Bitcointalk Url: https://bitcointalk.org/index.php?action=profile;u=2325372GitHub](http://github.com)
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