ATOMIC Review

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OVERVIEW

The first cryptocurrency to be ever created was Bitcoin. Bitcoin, as we all know, is an electronic peer-to-peer cash system which can be sued to carry out transactions. Bitcoin became popular in 2009 and the adoption of Bitcoin an has had a titanic growth over the years. Cryptocurrencies run on blockchain technology which provides a faster and more easier way to perform transactions. After the invent of bitcoin came thousands of other cryptocurrencies which can be termed as Alternate coins (Altcoins). These Alt coins also run on Blockchain technology. The great value of crypto coins has allured the interests of individual and institutional investors because they all believe in the future profits crypto coins are going to yield them, yet there still lies a challenge of how these investors can liquidate their crypto assets or exchange them for other crypto coins. Cryptocurrency exchanges are online platforms where one can exchange one cryptocurrency for another cryptocurrency or sometimes for Fiat currency. Centralized exchanges are online cryptocurrency platform that makes use of a third party or middle man to execute transactions no matter the asset that may be in place. Just like customers trust banks to hold their money, traders trust these middle men operating in centralized exchanges to handle their assets. Centralized exchanges also come with high transaction charges, poor security and poor support services This centralization feature has created severe obstacles for the development of Blockchain-based markets.

Atomic wallet has proffered a credible solution to these problems by developing a new approach based on the idea of decentralization of digital assets exchange. Atomic wallet platform provides custody-free, transparent, immutable cryptocurrency trading.

Here is an explainer video on how to create an Atomic wallet

INTRODUCING ATOMIC WALLET

Atomic wallet is a decentralized multi-currency platform that provides a powerful, in-demand service that allows users to reduce effort spent on managing crypto assets and makes it transparent and reliable. Atomic wallet platform is not just a wallet but also has a cross-chai Atomic swap exchange and a decentralized order book. Atomic wallet has so many crypto coins such as; BTC, ETH, DCR, LTC and 200+ ERC20 tokens.

UNIQUE FEATURES OF ATOMIC WALLET

  • ASSET MANAGEMENTAtomic Wallet provides a powerful, in-demand service that allows users to reduce effort spent on managing crypto assets and makes it transparent and reliable. The asset management wallet functionality is built on the Simplified Payment Verification technology (SPV), which makes it possible for users to perform tasks such as;
  1. Receive crypto assets to the generated wallet.
  2. Import assets to the wallet using private keys of various formats.
  3. Store private keys in a securely encrypted environment.
  4. Send assets to other addresses.
  5. Select cryptocurrency node to use.
  6. Select blockchain explorer to use.
  • DISTRIBUTED ORDERBOOK (DOB): A cryptocurrency order book is an electronic list of buy-and-sell orders of specific security or financial instruments, organized by price level. Atomic distrivuted order book (DOB) is based on a BitTorrent protocol. BitTorrent is one of the most common communication protocols for peer-to-peer file sharing (“P2P”) and can transferring of large files, such as digital video files containing TV shows or video clips or digital audio files containing songs.
  • DOB ANTI SPAM AND FRAUD PROTECTION: The Atomic wallet team will monitor every transactions carried out on the platform and they have the right to blacklist fraudulent and spamming actors from the network by blacklisting addresses or public keys by signatures.
  • TRADES HISTORY BLOCKCHAIN STORAGE: The Atomic wallet platform is designed to use a custom-built Byzantine consensus algorithm that keeps DOB historical data safe without needing to mine blocks.
  • ATOMIC SWAPS: The Atomic Swaps is a cross-chain exchange feature that makes it possible for users to exchange cryptocurrencies between each other without third-party interference.

Here’s a video of how to start Atomic swaps in Atomic wallet

  • ATOMIC SDK

Atomic SDK will support following functions:

  1. Create order and deploy it to the DOB.
  2. Confirm order execution.
  3. Receive order execution status.
  4. Get list of available orders from the orderbook.

ADDITIONAL FEATURES

  • CHANGELLYChangelly is a popular cryptocurrency exchange service between digital currencies. The service acts as a mediator between trading cryptocurrency platform and users providing over 90 altcoins at the best market rates for a seamless exchange.
  • SHAPESHIFT: The Atomic wallet community voted shapeshift as a default option for instant exchanges. ShapeShift is the fastest and most convenient way to swap digital currencies, with the exchange rate always remaining competitive.
  • FIAT OPTIONS (USD, EUR, etc) : Atomic will not process fiat operations himself following “do not touch fiat” policy. Fiat options to be provided to the customers in cooperation with partner services.

ATOMIC WALLET DOWNLOADS

Atomic Wallet is available for all major Operating Systems. Click to Start downloading.

EARN ADDITIONAL AWC TOKENS

Download and install Atomic wallet to your desired device. After the process of verification you will receive an email with the promo code. Share it on your social networks. When other users install Atomic Wallet App and verify their emails – you will receive 25 extra AWC tokens for each installation.

Rewards:  25 AWC tokens + 25 AWC for each verified referral (Unlimited)

USE PROMO CODE: QXKDF

ATOMIC TOKEN

Atomic wallet will issue its own token known as the Atomic wallet Coin (AWC). AWC will run on smart contracts based on the Ethereum blockchain with ERC20.

TOKEN DETAILS

Symbol: AWC

Type: ERC20 Token

Full name: Atomic Wallet Coin

Decimals: 8

Total supply: 100,000,000 AWC

Contract Address: 0xad22f63404f7305e4713ccbd4f296f34770513f4

For more information click here:https://etherscan.io/token/0xad22f63404f7305e4713ccbd4f296f34770513f4#readContract

TOKEN ALLOCATION

BUDGET ALLOCATION

ROADMAP

This roadmap cut across April through September 2018. More features and functionalities will be added in the nearest future. So, keep an eye on the website for future release.

APRIL 2018 – THE ALPHA VERSION WAS RELEASED

  1. Ethereum and Bitcoin asset management
  2. 200+ token assets support
  3. Integrated instant exchange service

MAY 2018 – BETA VERSION WAS RELEASED

  1. Litecoin asset management
  2. First pair for Atomic swaps
  3. Distributed Orderbook over torrent protocol v. 1.0

JUNE 2018

  1. ERC20 token swaps
  2. Lightning network implementation
  3. Multi-language UI
  4. 26 new assets in the wallet
  5. 4 new assets in the atomic exchange

JULY 2018

  1. Crypto against fiat conversion options integration
  2. 8 new assets in the wallet
  3. 4 new assets in the atomic exchange
  4. Atomic exchange users’ ratings
  5. Finish of the token sale
  6. Custom nodes and block explorer’s usage

AUGUST 2018

  1. Web wallet
  2. Mobile wallet for Android
  3. Mobile wallet for iOS
  4. 8 new assets in the wallet
  5. 4 new assets in the atomic exchange

SEPTEMBER 2018

  1. User chat in the wallet (troll-box)
  2. Hardware wallet integration (Trezor, Ledger)
  3. 8 new assets in the wallet
  4. 4 new assets in the atomic exchange October 2018
  5. dApps browser
  6. 8 new assets in the wallet
  7. 4 new assets in the atomic exchange

TEAM

CONCLUSION

Conclusively, Atomic wallet is a Multi-asset Wallet with cross-chain Atomic Swap exchange and decentralized orderbook that supports over 300 coins and tokens, as well managing user’s crypto porfolio in a single smooth interface.

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Author : Luckyman007

Bitcointalk Profile : https://bitcointalk.org/index.php?action=profile;u=2348852

My ETH Address : 0x926F93CfdcD7bb3E45233343393d664dC4F5899b

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