Cross chain atomic swaps are a big deal in the cryptocurrency market, this technology is very useful when two parties are transacting between each other on separate blockchain, atomics swaps eliminated the need of a middleman and can be used to transact large and small volumes of cryptocurrency trades. This is a new technology that has been in constant media attention since its introduction in 2013 for its ability to make instant transactions through heterogenous blockchain consensus agreements.

What does this really mean? This means that through atomic swaps technology users will be able to exchange let's say 100 ETHEREUM with 2 BITCOINS instantly without the need of an exchange, escrow or a third-party.

This is a very big deal in the blockchain community, with solutions being made to make cryptocurrencies more applicable and mainstream in our day to day lives, cryptocurrency transactions need to improves and made easier for the general community to use in their daily activities. Atomic swaps technology is good news and allows transactions to be in a conducted without trusting a third party.

( Video Source: YouTube - Custody free exchange between Blockchains )

Atomic Swaps can be done on your wallet, I like ATOMIC WALLET – It has a beautiful User Interface with graphical representation of your asset's distribution for easier management and its compatible with a lot of cryptocurrencies and constantly adding more cryptocurrencies as the project develops, ATOMIC WALLET also has Shapeshift and Changelly integrated in the platform to make your transactions easier.

What is Atomic Swap?

Atomic cross chain swaps are a peer to peer transactions of cryptocurrencies that in different blockchains without the need of a third-party such as an exchange or an escrow. The security of the transactions is protected by the hashes that are generated after the consensus agreement making this a secure trade.

Peer to peer transactions have evolved and atomic swaps are a bigger step in the blockchain world, one of the wallets that supports atomic swaps is ATOMIC WALLET, users of this wallet will be able to instantly exchange cryptocurrencies within the platform using atomic swaps technology, this will eliminate the need of having to send your assets to an exchange or an escrow – you just trade directly on the wallet eliminating the need of a third party and saving time and at the same time preventing transactions errors.

Cross chain atomic swaps happen on chain meaning that the user will be charged for transferring the assets for atomic swaps, this is the normal fees you pay to transfer assets on chain. I general Atomic cross chain swaps is safer than trading using escrows and decentralized exchanges.

Atomic Wallet.

Atomic wallet is well designed cryptocurrency wallet that allows easier management and transactions of cryptocurrencies using atomic swap technology and using integrated exchanges such as Shapeshift and Changelly. The wallet has a beautiful user interface and the assets are displayed in graphical charts that are beautiful. Currently the wallet is compatible with PC devices and users with (Windows and Linux distros) with development team working on a mac wallet and mobile devices (IOS & ANDROID) wallet to be released soon.

Atomic Wallet Additional functionality.

Atomic wallet is not all about atomic swap technology, NO! Atomic swap has so many additional functionalities that include easier private key management, integrated exchanges and ability to store fiat currencies with more additional features planned on the way such as credit cards acceptance, and banking deposits and withdrawals through wire transfers.

Why should you choose Atomic Wallet?

The security of the atomic network wallet is secured through the BitTorrent network, making the network secure with and the records are stored on a distributed ledge thanks to blockchain technology making the records secure and immutable.

It's easier to manage your assets through the atomic wallet, it has various transaction processing technologies such as atomic swaps and integrated exchanges, atomic wallet also features a nice graphical interface that shoes your assets at a glance foe easier management. Atomic wallet privates are stored by the user making this a secure asset storage wallet.

Transactions are instant and more secure than using exchanges and escrows where the processes taking times and is costly due to middlemen, the elimination of middlemen in the transaction processes lowers the costs of transactions and makes the process cost effective and processes efficiently processes.

The transactions history is safely stored on the blockchain, this is a secure mode of storing records where they are immutable, the user can customize the block explorer he would like to deploy and use.

Atomic wallet has an integrated order book that is secured using the BitTorrent protocol and the order book is decentralized across all connected wallets to make the ATOMIC DOB scale its network as more users use the wallet and also improve the accessibility of the order book.

ATOMIC WALLET will allow you to transact cryptocurrency through peer to peer technology without the need of a third party and also allow order execution across blockchains in cross atomic swaps.

Please check the attached chart below for atomic wallet comparison with other service providers in the market.

References.

I have attached the projects website and social medial pages below for more information about products ICO and your educational purposes. Thank-You

WEBSITE: https://atomicwallet.io/
WHITEPAPER: https://download.atomicwallet.io/atomicwallet-whitepaper.pdf
GITHUB: https://github.com/Atomicwallet
TWITTER: https://twitter.com/atomicwallet
TELEGRAM: https://t.me/atomicwalletchat

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Author: jamesndungu1
BitcoinTalk Profile: https://bitcointalk.org/index.php?action=profile;u=1856049
ATOMIC Address: 0x8E8A5B6e2ABF1Bb64759bDd4DBe788F45B1D4f54