Atomic Wallet - Multicurrency crypto-wallet with the function of exchange.

in #blockchain6 years ago

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The popularity of cryptocurrency is growing every day, but at the moment there are 1855 projects on the site coinmarketcap.com, in addition, there are hundreds of less popular companies that are not accounted for by this site. The continual emergence of new projects leads to an increasing need for exchange transactions, so the crypto-exchange markets are currently one of the fastest growing sectors of the economy.

The increase in demand is also fraught with increased risks, including: the risks of hacking your wallet by criminals, the unscrupulous work of crypto-exchange exchanges, when your funds can freeze for some reason, political risks, for example, when in a country to which the exchange belongs, the ban on crypto-currency transactions, the work of this exchange completely stops and so on.

With the development of crypto-economics, crypto-assets are increasingly appearing, which are scattered across different purses and sites. This creates significant difficulties in working with them, the holders of the tokens are confused and do not see the whole market in full, which also reduces the popularity of individual currencies, and all of these inconveniences are accompanied by the task of securing and preserving tokens. The Atomic Wallet team tackled these issues, which developed mechanisms and algorithms that provide professional methods for storing cryptocurrency while providing a transparent and affordable form of the wallet to its users and a convenient interface that allows working with more than 300 varieties of tokens in one place.

What is Atomic Wallet

The security of the tokens is not said only by the lazy, and now the most reliable and flawless option for storing assets is a cold crypto. Only in this way, investors and users can save their money without fear of the actions of intruders. For a reliable storage option, you can use Atomic Wallet, which developed its own management standard, and also has technical documentation for the development of the ecosystem.

General information
The main task of the project, to reduce the direction of efforts to ensure the effective management of crypto assets. By reducing the cost of reliable crypto asset storage schemes, you leave your wallet working transparent and secure. That is, the service offers you to use ultra-reliable options for storing crypto assets, which are provided with special protocols by control algorithms.

To improve the work and interaction, the project team proposed an improved version of the interface of its crypto-cooler. Now the user can easily navigate the site and manage their tokens. In a crypto-chute, you can store and exchange tokens, which are officially traded on crypto sites. At the moment, you can manage databases of over 500 tokens.

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The wallet with the basic functionality is already developed and is available for download on major platforms, such as Windows, macOS, Ubuntu, Debian, Fedora.

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Download Atomic Wallet here: Atomicwallet.io

Technical part of the project

According to the developers, the project will pursue several tasks, with each task will be configured individual solutions with the use of available management functions.

The Atomic Wallet will perform the following tasks:
  1. Receive cryptotokens in the generated version of the cryptocool.
  2. Import existing assets into a cryptoscore using secret keys of various management standards.
  3. Storage of received secret keys in a special protective environment.
  4. Transfer tokens from one user address to another specified purse.
  5. Select your trusted management node for further use of the crypto-medium environment.
  6. Integration of the block system as a variant of the protection environment for managing existing crypto assets.
The wallet itself has an aphorized management principle that uses the SPV protocol standard for accounting and management, that is, there are schemes for simplified verification of payment controls. This standard will avoid complicated schemes of long-term synchronization of the block. In addition to control, a synchronization mechanism called Full node wallets will be used.

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Safety of the Atomic Wallet, how it works

Based on the experience, the developers realized that the most reliable place to store crypto currency is a purse that is inaccessible to hackers and understandable to the user. Cash-purse wallets are a block chain that is constantly updated and which is available at any time. Currently, there are two main types of crypto-currency storage - "cold" and "hot" storage. With the "hot" method, coins are always available and require access to the Internet, and with "cold" storage there is no need to connect to the Internet, they are stored on a personal device and they are considered the most secure. Atomic Wallet chose "cold" storage for his wallets when passwords are stored on the client's device, not on the server and only it is responsible for them.
  • The private password necessary for conducting transactions is created by the user.
  • A spare phrase consisting of 12 words generated, serves as an additional opportunity to restore access to the wallet when passwords are lost
  • Encryption of all data stored on the user device also contributes to data protection: Advanced Encryption Standard (AES) is a symmetric block cipher selected by the US government to protect sensitive information and Transport Layer Security (TLS) is a protocol that ensures data confidentiality and integrity between two communication applications.

At the end

All these available information about the team of creators will make sure the entire safety and usefulness of the platform Atomic Wallet. And the developers were able to take care of the necessary support of their users at every stage of use, starting with the installation and selecting the necessary platform. On the official website of the Atomic Wallet application, there is an online support item in the menu of the page where you can always write your wishes, complain about some problems in the work, get recommendations for installing and solving problem issues in the application's operation. Such a platform to a user of crypto-currency coins is simply necessary, because it's in it that you can store different types of coins, as well as carry out the necessary transactions through security and encrypted channels, all in a modern and comfortable interface.

The Atomic Wallet project is of interest because it offers the use of a multifunctional purse in which any cryptocurrency can be stored and exchanged, it already functions, it can be tested in popular operating systems and even give comments on its improvement. This indicates that the project is working and ready to meet all the tasks.

For more information about the project and the opportunities to participate, go to the links below:

Website: https://atomicwallet.io/
Telegram: https://t.me/atomicwalletchat
WhitePaper: https://download.atomicwallet.io/atomicwallet-whitepaper.pdf
Twitter: https://twitter.com/atomicwallet
Facebook: https://www.facebook.com/atomicwallet
Medium: https://medium.com/@atomicwallet
Reddit: https://www.reddit.com/user/atomicwallet/
ANN: https://bitcointalk.org/index.php?topic=4437510.0

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Excellent article, thanks to the author for the detailed review, many aspects have cleared up! Now I am your regular reader.

Technology is running very fast. Amazing project bro

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