cryptowedding: ATOMIC WALLET OVERVIEW

There is a gigantic inundation of Blockchain Technologies accessible in the present market since the introduction of Bitcoin. It's been 10 years, however there is as yet restricted execution of the innovation in the center undertaking process because of absence of prerequisites as far as versatility, adaptability, protection and security. Tech Giants, for example, Amazon, IBM, Microsoft and Oracle are contending to create Blockchain-as-an administration (BaaS) arrangement that enables both huge ventures and organizations to execute, construct and redo their very own idea of concentrated/decentralized applications. Another age of Blockchain Technology has worked to fathom the above difficulties and is prepared for future mass appropriation.

Why use an atomic wallet?

As you know, the most reliable place to store cryptocurrency is a wallet that cannot tolerate cyber attacks and be easy to use by users.

A cryptocurrency wallet is a blockchain that is constantly updated and available at any time. Currently, there are two main types of cryptocurrency repositories - “cold” and “hot” storage. When the hot-money method is always available and requires access to the Internet, and cold storage do not require an Internet connection, they are stored on personal devices and are considered the safest.

Atomic wallet selects a “cold” wallet for storage. when passwords are stored on the client device, not on the server, and only he is responsible for it.

Thus, the Atomic wallet is a decentralized multi-purpose platform that provides users with all the necessary functionality to reduce the energy costs of managing cryptoactive assets and, therefore, makes managing crypto assets easier and safer. The atomic wallet is not only a purse, but also a stock exchange transaction on the atomic exchange through a decentralized chain of electronic books of orders.

Atomic wallet uses a decentralized exchange of atoms for the exchange between chains without the intervention of third parties. The Atomic Wallet device is a decentralized method of creating a platform that does not require storage, is transparent and safe for users to store and save their money and digital assets. Atomic Wallet is easy to use, simple, understandable and supports a large number of cryptocurrency and digital assets implemented in the Atomic Wallet ecosystem.

Why does Atomic Wallet use Atomic Swap technology?

The atomic wallet functions by exchanging Atom Swap cross-exchange chains, which eliminate the risk of third parties. In fact, when side A sends Coin A to the address of coin B of side B via the blockchain, while side B does the same with Coin B. this happens independently in a parallel blockchain in one direction, this setting increases the probability of one side keep their agreement. One way to overcome this problem is to attract trusted third parties and exchanges between companies. On the other hand, solving problems without the need of third parties. Also known as atomic crosschains,

HOW TO TRANSFER COINS / TOKENT

To send any coin or token to another address, copy the desired address and paste it into the recipient's field. Select an amount and click "Send". Your coin / token has been shipped! Click on the hash to see the status of the transaction right on the blockchain.

How to check your atomic wallet balance

You can view the balance of your cryptocurrency wallet because Atomic Wallet is associated with block researchers. It's like a transaction book with the whole blockchain story. When the block explorer synchronizes your address, the balance will be automatically updated in the cryptocurrency wallet. your corresponding balance is displayed in the wallet interface, and you receive automatic updates specified in US dollars). Note. In some cases, this may take several minutes, as the network may be overloaded. Your balance in US dollars is calculated at the appropriate rate of Coinmarketcap.

The core functions of the Atom Swap include the following ;

Execution of blockchains and peer orders

Fast and secure data transfer with the Atomic Distributed Order Book

Antispam redistributable book and fraud protection

Lowest transaction fee: for example, each side pays 0.0002 BTC and 0.0001 LTC to exchange BTC-LTC with any number of coins.

Order is an offer, not an obligation.

Placing an order does not block customer funds

Orders can be executed with multiple transactions.

Offline traders can not trade

Execution manual control

The manufacturer has the right to refuse execution

The small tasks needed to access the wallet and ensure security are as follows:

1: A personal password is required to complete user transactions;

2: backup phrases consisting of 12 generated words serve 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 helps protect data: Advanced Encryption Standard (AES) is a symmetric block cipher chosen by the US government to protect confidential information, and Transport Layer Security (TLS) is a protocol that provides privacy. data and integrity of two communication applications.

The various advantages of an atomic wallet

• The wallet displays all the available assets of the wallet, making it easy to navigate through many assets:

• No need to go through a rigorous registration process.

• There are no restrictions on trade for each user

• there is no place for fake trading and orders that prevail on most available cryptocurrency exchanges

• Transactions are made using the blockchain and atomic exchange technology, which leaves no room for any interference.

• Users can trade at any time: just a few minutes is enough.

• The whole trading process is safe and fast;

• Integrated processes guarantee confidentiality: customer data is constantly associated with digital attacks and hacker attacks;

• Atomic notecase is meant with the foremost easy interface.

• the entire atonic ecosystem is decentralized in the narration, there is no central organ.

Website: https://atomicwallet.io