SAVE YOURSELF THE HASSLES OF MULTIPLE WALLETS WITH ALLTOKEN

karldark (40)in #cryptocurrency • 5 years ago

INTRODUCTION

As the cryptocurrency space continues to experience growth and adoption, more innovative blockchain technologies and projects will continue to be developed. As positive as this is, however, it has a significant downside for investors and cryptocurrency holders- the inability to effectively store and track one’s portfolio.

One alternative to this would be to keep them on exchanges, however, due to the prevalent security threats, and the mismanagement of funds by some exchanges, it is only prudent to store one’s assets in a wallet which one has full access and control over, in other words, its private key.

Numerous platforms have sought to solve this problem, developing multi-coin wallets for users to use for keeping their cryptocurrencies. These, however, have been plagued with the major challenge of security, limited support for the various blockchain infrastructures, and a defunct/non-existent reward model for users.

HOW ALLTOKEN(ATOKEN) SOLVES THESE LIMITATIONS

Developed with a focus on user-friendliness and security, the AllToken wallet as the name implies seeks to provide the entire cryptocurrency space with a solution which has been greatly hoped for- a wallet capable of storing all cryptocurrencies across the various blockchain infrastructures.

The AToken wallet currently supports popular mainchain cryptocurrencies like Bitcoin, Ether, Litecoin, Tron, EOS, Tether, QTUM, Bitcoin Cash, Bitcoin Gold, Bitcoin Diamond, Ethereum Classic, Ontology and more. It also supports token issued on the architecture of any of these blockchains with support for more cryptocurrencies under development.

The security of assets is a major focus of the AToken wallet, hence, its employment of numerous security features which include:

PBKDF2 Encryption
5-hierarchy HD
SHA-512 Encryption
Horizontal Isolation
Vertical Defense

The AToken wallet is a light wallet, currently available for download on Google Playstore and iOs AppStore, facilitating easy usability while providing users with the ability to monitor their assets regardless of their location.

AToken has its native cryptocurrency ATC which has numerous both within the AToken ecosystem and on other platforms. It will be used as incentives for users, as equities in building the AToken ecosystem (Ecology equities), and as mining rewards.

MINING

The native cryptocurrency of the AToken ecosystem ATC is mined using a unique Proof of Deposit (PoD) algorithm which generates ‘hash-power’ from deposit transactions within the AToken ecosystem. This provides an eco-friendly means of mining which does not require complex computing or specially configured processors like the Proof of Work (PoW).

A REWARDING ECONOMY FOR ACTIVE USERS USING DAPPS

AToken has a vibrant ecosystem of Dapps which covers a variety of fields from entertainment to finance, games, mining, and news, ensuring that users are engaged and kept up-to-date with the recent happenings in the blockchain space and globally.

Users can also mine ATC using the mining Dapp which rewards users for their engagement.

PARTNERSHIPS

One of the hallmarks of a dedicated project is its willingness to partner with other projects in order to establish its own userbase in the market. As a project with the goal of providing the ultimate cryptocurrency storage wallet, AToken has secured numerous partnerships with reputable names within the blockchain space.

CONCLUSION

As the blockchain space continues to grow, the population of cryptocurrency users will look towards a storage solution which is compatible with numerous blockchains, secure, and offers numerous value propositions to its users. This will easily place AToken in the position of the most preferred solution for storage.

Unlike numerous project entering the cryptocurrency space, AToken already has working applications, making its adoption and use easier, providing users with value from its very inception.