All the crypto holders as well as crypto enthusiasts obviously consider that security of the cryptocurrency tokens is the most important part of crypto sphere. And the most reliable and easy way to store the crypto assets is to use “cold” crypto wallet. Only with “cold” crypto wallets investors and users can keep their assets safe without worrying about the threat of fraud or scam. Atomic Wallet is the perfect solution for safe and secure crypto assets storing, that developed its own convenient assets management standard and technical documentation for whole crypto ecosystem improvement.
The main idea of the project is to provide the greatest possible efficiency of the crypto assets management. Atomic Wallet service offers its users the ultra-safe crypto assets storage options provided by specific management protocols and algorithms.
For the greater work of the system and good interaction the team of the project provided an improved interface of their Atomic Wallet. Users can easily navigate the website or the applications and manage their crypto tokens. By using this wallet crypto holders can store and exchange tokens officially traded on the crypto exchanges. At the moment, more than 500 tokens can be managed.
The team of the project is striving to reach several important goals. Moreover, every goal is planned to be achieved by unique solutions using modern progressive technologies.
Atomic crypto wallet would provide the following functions:
receiving crypto tokens to the generated variant of the wallet;
carrying out the import of the assets into the cryptocurrency wallet using the private keys of different standards;
secure storage of the private keys;
providing transactions between users’ addresses and other wallets;
choosing the safe management node for further crypto wallet using;
the integration of blockchain providing the efficient protection of users’ crypto assets.
Atomic Wallet works on a special management principle that uses the SPV protocol for accounting and administration. It provides the framework of simplified check and control of transactions. This standard helps to avoid the complicated and long blockchain synchronization scheme. In addition, blockchain synchronization mechanism called “Full Node Wallets” will be implemented.
All the secret keys are stored in the mode the Atomic Wallet user chooses. The wallet users can choose between two proposed variants for instant exchange:
ShapeShift. The option is chosen by default. This option automatically chooses the competitive exchange rate of the token for the wallet user and defines the exchange, buy and sell means. If it’s necessary, users can remove a checkmark of this option and choose the second variant of token exchange;
Changelly. This option has all the exchange characteristics because originally it was provided to be used as the main cryptocurrency exchange. Now users can manage the exchange of 90 altcoins with profitable market prices set both for buyers and sellers. According to the statistics of the second half of 2018, this crypto exchange service is used by more than 1.8 million users around the globe. The platform provides more than 15 000 operations daily and monthly trading volume reaches the 60 000 Bitcoin.
This option can be chosen by the user, but ShapeShift is the recommended variant.
The main distinctive feature of the Atomic Wallet is the option of Atomic Swap.
This technology allows users to exchange their digital assets from different blockchains directly without the middlemen. In other words, Atomic Swap is the token exchange between the networks. The main advantages of this exchange method are the following: for example, if the user wants to exchange BTC to ETH he must find person who gives no guarantees at all or to sell some assets and buy the currency he needs on the exchange market. The first variant is not safe and the second makes user pay commissions and fees for token withdrawals. But there are only two parties in the case of using Atomic Swap. The deal is carried out by the smart contract and depository account which guarantees the fair and transparent deal. In case of any troubles (transaction time is over, troubles with connection, any participant refusal) the funds are back to the owners’ addresses.
The crypto exchange has its own native ERC20 token called AWC. The ecosystem users receive it for providing all kinds of the operations. AWC tokens are used to pay different fees and to get the access to extra functions of the platform like Atomic Swap usage, getting the user’s Atomic Swap rating up, listing new assets in Atomic Wallet or Swap and so on .
Security of the crypto assets storing is the main idea of Atomic Wallet project, as this is one of the most relevant problems of the cryptocurrency world. So solutions for the “cold” wallets provided by the project can be a real help for crypto investors, traders and other crypto enthusiasts. Atomic Wallet is available on all the most popular systems and devices as it can be used on Windows, MacOS, Ubuntu, Debian, Fedora. This “cold” wallet also can be used on the smartphones as it has Android and iOS applications.
So Atomic Wallet is a good option to store and trade cryptocurrencies safe and securely.