How the Atomic Wallet is feature from the rest of the wallets

in #atomic5 years ago (edited)

How the Atomic Wallet is feature from the rest of the wallets

Walelt definition :

The wallet contains a public key and a private key. Public key is your bitcoin address (used to send and receive payments) and private key is to access your wallet. If you have physical wallet you will get both the keys, public and the private keys and you're the sole owner of your bitcoins. No one can access it

Mobile Wallets:

Bitcoin wallet on mobile devices is an essential tool. It works as an application on your smartphone, to store your keys and allow you to pay for things directly from your phone. In addition, some applications enable users to use the NFC feature on smartphones, which means they can simply take advantage of their phones versus the reader, without having to provide any information at all.

Any full Bitcoin client requires access to the entire Blockchain account book, which is constantly growing and requires several gigabytes of storage. For this reason, mobile wallets benefit from simplified payment verification technology (SPV). It only works with very small blockchain subsets, relying on trusted nodes in the Bitcoin network to make sure they have the right information.

Web Wallets:

Web wallets store your keys on a server that provides such services. The server is always connected to the Internet and is controlled by someone else. Different services offer different features, some linked to wallets on mobile devices and computers, where your addresses are duplicated across devices you own.

Like mobile wallets, e-wallets allow users to access their money on-the-go from any Internet-connected device. But unless properly implemented, the organizations that manage the site may have access to your keys and thus get full control over your money. Moreover, some electronic portfolios operate on the basis of stock exchanges, and there were cases of stock exchanges closed and smuggled with the funds of their users.

Some available wallets :

ATOMIC
https://atomicwallet.io/bitcoin-wallet

Currently, security has become one of the top priorities in the cryptocurrency market. It is easy to remember all instances where different exchanges have been breached, and as a result, users have lost large sums of money due to insecurity or weak central platforms.

Atomic Wallet is a multi-currency wallet with decentralized automatic exchange. Provides a powerful “on-demand” service that allows users to reduce costs spent on managing cryptocurrency assets and make them transparent and reliable. To make the platform more user-friendly, the Atomic Wallet team uses the best user interfaces and security methods, making it easy to use the full functionality of the Atomic Wallet platform. As a coin owner, you can transfer coins to your friends, buy some goods, store them as valuable investments and sell them on the stock market. This technology provides you with more transparent and reliable transactions, because everything can be done faster or fairly.Atomic seeks to achieve certain objectives, such as brand awareness, evaluation, participation of the progress community, and progress in reliability generally for the convenience of dealers in public transactions as well as to provide transparency . Atomic Wallet radically solves the problems of blockchain and stock exchanges, AtomicWallet is a digital wallet for cryptocurrencies that has the key advantage - safety as well as greatly accelerating transactions. These functions will raise credibility.

Atomic Wallet supports platforms:

● Microsoft Windows
● Android
● iOS
● Mac
● Ubuntu
● Debian
● Fedora
Swap Technology

Mycelium is a mobile-only Bitcoin wallet, with Android and iPhone versions available. Mycelium is known for being a bit more complicated to use than some other Bitcoin wallets. But advanced users should be just fine navigating the experience.

Electrum is a software wallet, which means your Bitcoin is stored in a set of files on your laptop or desktop computer. It is currently available for Windows, Mac OS X, Linux and Android. Electrum can work with some physical wallets and has some flexibility compared to just using a hardware wallet like the Trezor.

The big benefit is that you can quickly get up and running and store your Bitcoin on your own computer. But if that computer crashes, is lost in a house fire, or ends up hacked or corrupted, you could lose your coins. The app does support a recovery process and allows you to create a physical “cold storage” with a printed or handwritten set of keys.

BTC.com
It is a bitcoin storage wallet, created by the mining giant Bitmain in 2016. Bitcoin and Bitcoin Cash provide Bitcoin Cash in an easy-to-use environment, on both Android and Apple devices as well as by issuing its web version. Private keys are kept in the user's hands. Instead of risking money by trusting a third party with your private keys, transactions are signed on your own device with the private key in your hands. It even supports Multisig as a reward.

Blockchain.info
Blockchain is the technology that allows Bitcoin and other digital currencies to exist. Expect to hear more about Blockchain far beyond the digital currency world. Blockchain.info is similar to Coinbase in that it is an online wallet, but you can’t buy or sell directly through Blockchain, which means your Bitcoin storage is separate from your Bitcoin marketplace.

Blockchain.info also has cryptocurrency exchange supported by Shapeshift. This means that users can exchange a digital currency for another when needed. This added service allows users greater flexibility without having to use a separate exchange that is likely to have high withdrawal fees. Please note that users' funds were accessed when they entered their details on fake copies of the site. Recommendations include carefully checking the address and bookmarking the appropriate address in your browser.

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