ATOMIC WALLET: ENHANCES SECURITY AND DECENTRALIZED CONVENIENCE IN CRYPTOCURRENCYTRADING.

adaoramma (46)in #blockchain • 5 years ago

Crypto currencies hold a lot of hope for the future of digital financial transactions, reason it is responsible for the influx of users into its space, and in order to save these currencies, a wallet is needed, and a private key is needed to ensure these currencies are kept safe. Particularly, online wallets are centralized curators of these user’s private keys. This has proven challenging owing to the ease it brings, which makes it easy for signal attacks that can affect millions of users simultaneously.

Regulations, Security and convenience are a big deal, particularly on the digital space. A big threat to the crypto world are hackers on the prowl, forming a huge clog in the wheels of the constantly growing ecosystem,and the convenience of these crypto assets for use by crypto users. Crypto currencies are digital transactional currencies, that doesn’t just serve as a medium for transactions but symbolizes trust. However, a bigger threat stands to squish the hope this innovation brings, the numerous cases of wallet security breaches leaves a much bugging question for a way to protect these wallet and individual private keys, through a credible, efficient and more advanced wallet, possessing a powerful security system and prioritizes user convenience.

To these problems, how can great user experience and strong security be combined in one solution? The ATOMIC WALLET is the solution. This is in a bid to ensure utmost security, which is hitherto a problem in all already existing wallets, a tripartite solution is enforced in this new wallet.

ATOMIC WALLET'S MODUS OPERANDI IN ASSETS MANAGEMENT

Atomic Wallet provides a powerful, in-demand service that allows users to reduce efforts spent on
managing crypto assets and renders it transparent and trustless. To make our platform even more
convenient and beneficial for users, the Atomic Wallet team utilizes best UI and security practices
thus facilitating use of our platform’s functionality to the full range. Essential operations one would
like to do with his\her cryptocurrency are:

Receive crypto assets to the generated wallet
Import assets to the wallet using private keys of various formats
Store private keys in a securely encrypted environment
Send assets to other addresses
Select cryptocurrency node to use
Select blockchain explorer to use
Aforestated wallet functionality will be built on the SPV (Simplified Payment Verification)
technology. This allows customers to avoid prolonged blockchain synchronization while preserving
the security of so-called ‘full node wallets’.
The keys are stored in an encrypted manner on the end-user device or a hardware wallet eg. Ledger,
Trezor, etc. Keys can be backed up with the passphrase for all the listed currencies or with a string
format key for each currency.

ATOMIC WALLET FEATURES/TECHNOLOGIES

Atomic Swap technology
and implementation
Atomic SDK
Developing even simple applications working with blockchains takes time and money. Creating
complex, highly-functional distributed blockchain apps can take a number of highly skilled
blockchain developers, thousands of hours for RnD which comes out in millions of USD cost.

ATOMIC PLATFORM

Atomic Wallet team is focused on bringing truly decentralized experience to all the customers on all
the platforms. Atomic Wallet technology is created with the idea of omni-channel product which
customer can access from any device he\she has.
Atomic Wallet supports the following platforms at the moment:

Microsoft Windows
MacOS
Ubuntu
Debian
Fedora
Within the development further platforms are to be supported as well:
Web
Javascript web based application
Mobile
iOS
Android
Browser plugin
Chrome
FireFox