Hello guys! Today I want to tell you about Atomic Wallet
The popularity of cryptocurrencies has created many problems, ranging from anonymity to security of funds storage. Many users do not have basic concepts on how to save funds, exchange them without the participation of a third party and much more. One of the most common problems associated with digital assets is the issue of currency storage. Many users have read stories or personally encountered phishing scams, hacking of stock accounts or online wallets, resulting in the loss of millions of funds and trust in the cryptocurrency.
The Atomic Wallet project offers an alternative solution for storing a large number of tokens. Any user will be able to store the necessary coins on the atomic Wallet, manage the balance without unnecessary risks and movements. The wallet already supports more than 300 different top cryptoassets and tokens, and their list is constantly growing, which is very pleasing . Thanks to the atomic wallet asset management will be simple and affordable!
The main advantages of Atomic Wallet
Implementation of Atomic Swap
Atomic swaps are one of the key features of the wallet that the community needs. Any two users will be able to directly exchange digital assets on different blockchains without the participation of a third party. In other words, atomic swaps are inter-network coin exchanges.
Let's take a closer look at what is the advantage of this method. For example, you have an XLM token, and you want to get LTC. To make a deal, you need to find an exchange website or a person who does not give any guarantees, and the money can be stolen. Everything works on trust and history of previous transactions. One more option is to transfer money to the exchange to sell one asset for ETH/BTC/USD, and then buy for new coins desired LTC. But in this case, you lose part of the funds on commissions for trading, as well as pay fees for the withdrawal of assets.
In the case of atomic swaps, only two parties are involved in the transaction, and the transaction is conducted using a smart contract and a escrow account, which guarantees the integrity and transparency of the transaction. One party deposits funds to a special account, the second does the same. The first participant receives coins, and then the rest of the funds are transferred and the transaction is completed. The process is organized in such a way that in case of problems (transfer time has expired, network problems, failure of one of the participants) the funds are returned to the addresses of the original owners.
The team of Atomic Wallet developers will provide access to the product to the maximum number of users. Available versions of the wallet on operating platforms: Windows, macOS, Ubuntu, Debian, Fedora.
Team
You can watch how Konstantin Gladych presents Atomic Swaps technology at the EDCON in Toronto!
Conclusion
The project may become a new solution for storing digital assets. Many ordinary users and novice investors face problems with the management of purchased assets. On the one hand, you can store everything on the exchange's accounts and on the other hand, no one guarantees the safety of funds. Therefore, Atomic Wallet can really capture a significant market share and become a secure solution for cryptoassets.
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