Atomic Wallet uses blockchain
Cryptocurrency has existed about ten years ago and has now become quite popular, widespread, and surrounded by many controversies from innovative developments.
Quoting from the Coinmarketcap.com website, there are currently 904 types of crypto currencies and the most famous is Bitcoin.
Such growth is not without obstacles, but with some major technological problems that challenge the foundation of the cryptocurrency market left unresolved and swept away, the future of the market seems most uncertain, and at worst. , cannot be maintained.
There are many organizations that are currently trying to create and implement different measures that will contribute to and support the development of safer markets, preventing hacking of exchanges such as Mount Gox from happening again.
However, only one organization tries to challenge the route of the cause of the disaster in a meaningful and significant way, and their solution, if done correctly, can completely change the way users engage with the crypto currency market.
Blockchain technology is inherent in excellence that distinguishes it from anything we know before, excellence such as complete and unchanging accountability along with a truly unreliable system allows decentralization and individual empowerment, but over time as the market increases cryptocurrency, we have seen a centralized exchange service appear.
It was triggered by the desire of the crypto community to be able to hold various types of cryptocurrency at one time, in one place and to be able to trade this cryptocurrency with will, centralized exchanges have become the cornerstone of the cryptocurrency ecosystem.
However, this centralized exchange certainly takes a certain amount of risk by holding the user's assets, and, as we have seen in the past, if this risk is realized, it can have a direct and long-lasting impact on the entire cryptocurrency market. , which in turn affects the maturation, sustainability, and environment of cryptocurrency market regulation.
By addressing the problem of risk custodians at its root, the Atom Wallet hopes to solve all the other systemic problems that come from entrusting centralized exchange services with your assets.
The Atom wallet allows users to hold various types of potentially unlimited cryptocurrency in one wallet, but, more than that, it allows users to exchange these cryptocurrency with each other in an unreliable environment and without using a centralized exchange service. Instead the user takes advantage of atomic exchange technology, because of its name, to trade with each other.
The Atom Wallet is especially worried about offering the right solution regarding the management of your assets. In fact, this is a multi-asset management platform that helps you exchange, buy and sell lots of currencies smoothly. This platform will use a specially constructed Byzantine consensus algorithm which is tasked with safeguarding historical DOB data safely without the help of 'mine' blocks. This will happen even when your node is not functioning and becomes vulnerable to the actions of evil actors.
Through this feature, every user who uses an Atom Wallet will not pass through a bad actor's nightmare adding the wrong data and changing the history in the Blockchain Atom Wallet Chain. If there are compromised nodes, the Atomchain Blockchain still maintains its fundamental security properties and protects all data. Keep in mind that the Atomic Wallet Blockchain will be updated soon with the addition of each new block.
Purchasing procedure
First of all, you need to download the dextop version of the Atom Wallet on your PC. Wallet supports Windows, MacOS, Ubuntu, Debian and Fedora.
You can download it by following the https://atomicwallet.io/downloads link
After you download the wallet and install it on the desktop, open the Atom Wallet shortcut, then click "Create Wallet" and then set the password for your wallet. After you set your password, you will see a list of menus on the left side of your wallet. There will be a "Exchange" tab where you can buy crypto currencies.
Through this feature, the platform will be able to collect all successful trades and not succeed in becoming a block that will be approved automatically. All trades executed on this blockchain will be carried out separately. In addition, the Atomic Wallet Blockchain will only be used to store historical data.
Following the fact that each and every block includes a hash from the previous block, no one can change any blocks without the appropriate changes for each block. This will definitely ensure the traceability of the trace. For example, after a trade is executed, trade cannot be modified retroactively and expelled from the log. In addition, it is not possible to enter trades in the middle of the log.
It should be noted that the minimum amount to buy is $ 50 one of these five cryptocurrency. Wallet supports debit and credit cards, Visa and Mastercard. As soon as the purchase is confirmed, the cryptocurrency is credited to your wallet.
It is important to note that the Atom Wallet platform uses a custom modification of Byzantine-tolerant consensus that guarantees users that there is one version of the blockchain approved at all times. In other words, this environment is decentralized so that every node is allowed to fail or be compromised. This is because consensus is passed and the validator is identified through public key cryptography assistance.
The following are three main ways to produce a new block and choose it:
Consensus algorithms are divided into several rounds, from the start, which are determined by each validator based on their local hours. There is a leader validator that has been determined in each round that will be generated based on round numbers, blockchain height and information from the blockchain status. The leader is tasked with making a block proposal and sending it to another validator.
Another validator must examine the proposal and choose it if it is true. This is done by broadcasting pre-sound messages to the validator.
After the pre-voting has been collected from the same proposal from the supermajority of the validator, the transaction is then executed in the proposal; a pre-commit message is created with the storage status of the data generated and broadcast it to the validator.
Finally, the validator is expected to receive pre-commitment from the supermajority validator for the same proposal, which then becomes a new block and is committed to the local storage validator.
In short, the Atom wallet serves the needs of users who might find the services offered by centralization attractive but allow users to maintain control over their private keys, reduce the risk of custodians, are pretty cool right?
As a visual example, below I will provide a video that shows how to buy Bitcoin (BTC)
This is the atomic exchange tab, where users can exchange crypto assets with each other without the need for third parties. You can see various prices on the open market, which can then be personalized and set by the user when placing special orders.
The Atomic wallet also has other integrated features, such as instant exchange options facilitated by Shapeshift and Changelly, making it a very versatile wallet option and with planned integration of fiat purchase options directly from cryptocurrency assets in the future, Atomic wallet can be just a wallet cryptocurrency that is needed or desired by the user.
I have been using this method of buying cryptocurrency for a long time, because I believe that this is the best and most convenient choice to generate fiat money to invest in cryptocurrency.
Overall, in my opinion that by applying atomic exchange technology, the Atom Wallet has the potential to completely replace centralized exchange services to be an important and everywhere important part of the entire cryptocurrency ecosystem.
This opinion is qualified by the fact that atomic exchange technology completely resolves the problem of difficult custodial risk, combine this with the fact that the current CEO of the Atom wallet team is Konstantin Gladych, co-founder of the famous cryptocurrency exchange service, Changelly and in the coming months there are plans to released the functioning dApps browser, implemented hardware wallet integration and released a wallet that is compatible with iOS and Android, and you have a giant that shows no signs of slowing down anytime soon.
Detai Information:
Website: https://atomicwallet.io
Facebook: https://www.facebook.com/atomicwallet
Twitter: https://twitter.com/atomicwallet
Telegram: https://t.me/atomicwalletchat
Reddit: https://www.reddit.com/r/atomicwallet
YOUTUBE: https://www.youtube.com/channel/UCLMnUt6BBtA67eic1vRGF3g
Author: Gunawan82
Bitcointalk: https://bitcointalk.org/index.php?action=profile;u=966506