Atomic Swap Wallet First Decentralized Exchange

in #blockchain6 years ago (edited)

INTRODUCTION

Cryptocurrency trading includes exchanging one cryptocurrency for another, purchasing and offering coins, and exchanging fiat cash into crypto. It bears a few similarities to remote exchange (forex), where fiat monetary standards from across the globe are traded 24 hours a day. The quantity of cryptocurrencies has detonated as of late and estimates propose there are presently more than 1,500 in presence. Many of these coins can just be acquired utilizing a major cryptocurrency, for example, Bitcoin or Ethereum. Because of this, you'll likely need to perform trades on the off chance that you want to add to initial coin contributions (ICOs,) or utilize a blockchain company's administrations. One upside of crypto trading is that you can get included without mining coins yourself a procedure that takes time, vitality, technical skill and a great deal of figuring power.

Bitcoin, the principal blockchain-based cryptocurrency, was created as a shared payment framework that allows its clients to transfer value with no central authority or outsider included. Since a system of conveyed and for the most part anonymous diggers are all in charge of preparing the transactions, we are guaranteed that issues like oversight, fraud, and others are unrealistic. After the creation of bitcoin, it lead to the conception of different crptocurrencies which can be named as Alternate coins (Altcoins), for example, Bitcoin money, Ethereum, DASH, close by with others. Altcoins are traded on different exchanges using bitcoin as the main digital currency that aids the exchange from one Altcoin to another or from an Altcoin to hard cash. Bitcoin and Altcoins are traded on centralized and decentralized exchanges. Centralized exchanges are easy to utilize, easy to access and they give advanced trading functionalities like margin trading and others. Be that as it may, they also speak to a security chance for your assets. A decentralized exchange is an exchange market that does not depend on an outsider administration to hold the client's assets. Instead, trades happen specifically between clients (distributed) through an automated procedure. This framework can be achieved by creating intermediary tokens (crypto assets that speak to a certain fiat or cryptographic money) or assets (that can speak to shares in a company for example) or through a decentralized multi-signature escrow framework, among different arrangements that are at present being produced. Atomic project was made an advantageous and adaptable decentralized answer for the care free cryptocurrency exchanging.

Atomic Wallet gives a ground-breaking, sought after service that enables clients to decrease endeavors spent on overseeing crypto resources and renders it straightforward and trustless. To make the platform significantly more advantageous and gainful for clients, the Atomic Wallet group uses best UI and security rehearses in this manner encouraging utilization of our platform’s usefulness to the full range.

Unique Features of Atomic Wallet

Trades history blockchain storage

Atomic Wallet will utilize a custom-constructed Byzantine agreement calculation that guards DOB recorded information without expecting to “mine” squares, even on account of a circumstance where your hubs glitch or end up powerless to the activities of terrible performing artists. This component additionally makes it close unthinkable for a terrible performing artist to include wrong information or change the history in Atomic Wallet Blockchain.

  1. Asset management

Atomic Wallet gives a great, sought after service that enables clients to diminish exertion spent on overseeing crypto resources and makes it straightforward and dependable. Essential operations one would like to do with his\her cryptocurrency are:

It has a unique feature that enables its receive crypto resources for the created wallet

Select digital currency hub to utilize

Store private keys in a safely encoded condition

Send resources for different locations

Import resources for the wallet utilizing private keys of different organizations

Select blockchain traveler to utilize

  1. Distributed Orderbook (DOB)

According to world definition, an Orderbook is an electronic rundown of purchase and-offer requests of particular security or money related instruments, sorted out by value level. The Orderbook records the quantity of benefit units being offered or offered at each value point, or market profundity. It additionally recognizes the market members behind the purchase and-offer requests, albeit some may stay unknown. The Orderbook is dynamic and continually refreshing continuously for the duration of the day.

  1. DOB anti spam and fraud protection

DOB mempool fills in as the generally known and high-stack generation confirmed Bitcoin Mempool and has a fundamentally the same as acknowledgment. This guarantees us in an abnormal state of assault opposition of the arrangement and an impossible probability of spam and misrepresentation inside the system.

  1. Atomic Swaps

A cross-chain is an exchange of cryptocurrencies between users. This feature is designed to aid the exchange of different cryptocurrencies within them selves without the additional assistance rendered by a third party.

  1. Atomic SDK

This is a complex, highly-functional distributed blockchain app that creates orders and deploys it to the DOB, confirms order execution, receives order execution status and gets list of available orders from the orderbook.

ATOMIC WALLET TOKEN

Atomic wallet token (AWC) is an ERC20 token that runs on smart contracts based on the Ethereum blockchain.

Symbol: AWC

Type: ERC20 Token

Full name: Atomic Wallet Coin

Decimals: 8

Total supply: 100,000,000 AWC

Contract Address: 0xad22f63404f7305e4713ccbd4f296f34770513f4

Tokenproof :https://etherscan.io/token/0xad22f63404f7305e4713ccbd4f296f34770513f4#readContract

CONCLUSION

Conclusively, Atomic wallet is a Multi-asset Wallet with cross-chain Atomic Swap exchange and decentralized orderbook that supports so many crypto coins and tokens such as; BTC, ETH, DCR, LTC and 200+ ERC20 tokens., as well managing user’s crypto porfolio in a single smooth interface.

For more information, kindly check the links below;

Website: https://atomicwallet.io/
Whitepaper: https://download.atomicwallet.io/atomicwallet-whitepaper.pdf
Telegram: https://t.me/atomicwalletchat
Medium: https://medium.com/atomic-wallet
Reddit: https://www.reddit.com/r/atomicwallet/

Article Written by ELEMUO JUSTICE SMITH

Bitcointalk Username: smithelemuo

Bitcointalk Url: https://bitcointalk.org/index.php?action=profile;u=1648594;sa=summary

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Coins mentioned in post:

CoinPrice (USD)📈 24h📈 7d
BTCBitcoin7052.803$4.4%9.32%
DASHDash187.665$25.17%32.25%
DCRDecred41.411$7.1%11.08%
ETHEthereum289.124$3.96%3.54%
LTCLitecoin61.600$6.87%10.84%

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