Atomic Wallet — A complete overview of the ICO

Alex Smirnow
4 min readJan 30, 2019

Today I would like to share a unique project that includes the main developments and achievements in the field of blockchain technologies and meets the most modern conditions of the crypto currency market.
Atomic Wallet provides a powerful, in-demand service that allows users to reduce effort spent on managing crypto assets and makes it transparent and reliable

Features:

  • Atomic wallet platform is multifunctional and serves more than three hundred kinds of crypto currency.
  • The system is decentralized, and is economical in maintenance.
  • Excellent, easy-to-maintain, advanced and intuitive interface creates excellent working conditions.
  • The availability of the site for any operating system will provide a significant expansion of the target audience.
  • Safe storage of funds. A reliable security system makes the purse and personal data of each participant inaccessible to illegal actions.
  • Transparency of the system provides control over payment transactions, which provides additional security for the project.
  • The mobile application helps to scale the project and its availability in all corners of the world.
  • Crediting of crypto-currency funds on a purse.
  • Exchange transactions inside the wallet.Using the SPV (simplified transaction verification) system.
  • Using the SPV (simplified transaction verification) system.

Atomic functions:

Atomic Swaps —
Atomic Swaps is a technology where you can exchange cryptocurrencies directly and without any third parties involvment. Any amount of Cryptocurrency assets can bw swapped by paying a small fee as compared to centralized exchange. The below demo shows you the process to exchange BTC to LTC

Secure —

Strong encryption and custody-free solution guarantees our clients the highest level of security. Your private keys are encrypted and never leave your device. Only you have control over your funds. The most imoirtant aspect of any wallter is the security of cryptocurrency assets. in order to store cryptocurrency wallets come with two types of storage. They are known as Hot storage and Cpld storage. The right choice of a hot and cold wallet is an important and responsible step. The most reliable method of storage is traditionally considered cold. Atomic wallet is cold type wallet which means all data and password are stored on user device and not on the server. avoiding custody risk. The only risk involved here is, if user looses backup phrase or shares it with some one.

Multi-currency —

Atomic Wallet currently supports 300+ coins and tokens. It’s the most convenient way to handle all your crypto assets. The list is updated on a daily basis and we keep hunting for more! AWC (Atomic Wallet Coin) is a tradeable assest, only 100 000 000 AWC will be created. AWC will run on the Ethereum blockchain with ERC20. It will be a universal method of payment for cryptocurrency listing in Atomic Wallet. It will be also used for Listing new assets in Atomic swap exchange and etc.

The difference between Atomic Swap and others:

  • A sell order is an advertisement, not a commitment: On other platforms, trade initiators are obligated to pay for an order that they put there when a participant clicks the order. This means that after a participant clicks a preexisting order on the order book, the trade is automatically processed and cannot be cancelled. But on the atomic wallet, each order is seen as an advertisement which can be accepted or rejected by the initiator even at the time of trade (when the order is accepted by the participants). This is done to cut losses on the side of the initiator when price changes.
  • Funds are in control of all platform users at all times: Other crypto exchanges cannot process trades from the wallets of the users, which is why they operate a central account where all funds go at the time of exchange. But on Atomic Wallet, funds stay in the wallet of the users and in control of the users at all times. At the time of trades users via smart contracts exchanges tokens directly to the wallets of other users, they are trading with. Since funds are in control of all users there is no way this kind of exchanges or swap can be hacked to amass such huge amount of money else if the users are careless with their private keys.
  • There are no Offline trades: Each users’ advertisements are only clickable or valid when they are online since their attention are needed at the point of trade.

The details of the token

Name of the token: AWC (Atomic Wallet Coin)
Standard: ERS-20
Total number of released tokens: 100 000 000 AWC
Price of the token: 1 AWC = 0.3 USD
Accepted currency: ETH
End of ICO: September 1, 2018
Soft cap: 5 000 000 USD
Hard cap: 23 000 000 USD

Learn more:

Website: https://atomicwallet.io/

Twitter: https://twitter.com/atomicwallet

Reddit: https://www.reddit.com/r/atomicwallet/

Telegram: https://t.me/atomicwalletchat

ANN Bounty: https://bitcointalk.org/index.php?topic=4437634.0

MyProfile Ann: https://bitcointalk.org/index.php?action=profile;u=1931085

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