(ATOMIC WALLET), multi-asset wallet free insurance with atomic exch...

Atom Wallet:

Hello, If you are interested in joining the Atom project, it's good to read the following reviews that can help you get information that might help you in seeing their vision and mission and also to know about the Atom Wallet.
Eternal. Can not be trusted. Distributed.
Custody-free multi-asset wallet with decentralized atomic exchanges and orderbooks.
Manage your crypto assets in a way
Satoshi will be used.

Atom Swap

Cross-chain is a cryptocurrency exchange between users. Basically, A sends Coin A to B Coin B's party address via blockchain, while B does the same thing with Coin B. This action occurs independently on a parallel blockchain, in a one-way manner. Such arrangements increase the likelihood that one party will never respect the end of the agreement. One way to solve this problem is the involvement of trusted third parties. Cross-chain atomic exchanges, on the other hand, solve this problem without requiring a third party.

Atomic Swap requires each party to make a transaction contract. The contract contains output that can be used by the opponent, but the rules needed to collect are different for each party involved.

Atom Swap Technology

The first party (called the initiator) wants to trade B Coins for Coins A with other parties (called participants). The proponent allocates the amount of B Coins intended to contract and produce "secrets". The secret will then allow participants to collect the results of the contract. Until he knows the secret, the participants cannot issue money from the Coin B. initiator contract.

Participants contract on Coin A blockchain in a manner similar to initiator mode. To make a contract, participants need a secret cryptographic hash from the initiator. The initiator cannot access this contract without disclosing the secret to the participants.

After the two parties made their contract, none of them could reassemble their coins until the appointed time expired. The initiator redeems the participant's contract, thus revealing the secret to the participants. The last redeemed the contract maker using secrets taken from him.

When a certain period of time (usually 1 hour) ends and the participant does not redeem the result of the contract, it is returned back to the initiator's wallet. The participant's contract can also be returned back to the participant, but only after half the time period required by the initiator to wait before their contract can be returned (usually 2 hours).

The initiator can also trade Coin A for Coin B and the procedure will be the same, but with each step taken in the opposite direction on another blockchain. This procedure is considered atomic (ie by timeout) because it gives each party at least 24 hours to exchange coins from the opposite blockchain before a refund can be made.

The picture below provides a visual view of the steps taken by each party and data transfer between each party:

Atomic token

The Atom Wallet will issue its own token, called AWC (Atomic Wallet Coin). AWC's 100M tight limit will be created, never upgraded.
AWC will run natively on the Ethereum blockchain with ERC20.
Type: ERC20 Token
Ticker: AWC
Full name: Coin Wallet Atom
Decimal: 8
Total supply: 100,000,000 AWC
Open Source Source Code
Tokens and economic places to keep up with price growth are explained in a special charter.

Initial Coin Offering (ICO)
Publishing Tokens

An intelligent contract based on the Ethereum network was written for effective implementation of the Atom ICO project. On the day of the ICO launch, the Atom team will publish a smart contract, which will initialize the issuance of AWC-tokens based on ethereum in accordance with the ERC20 standard.

The contract will support the following functions:
Crowdsale Management
AWC token problem (ERC20 standard)
Transfer of AWC tokens
The main function of the crowdsale part of the contract is to set the price of the token.
In addition, this smart contract will keep records of providing AWC-tokens to the community of investors and founders.
The source code from the smart contract to the AWC-token launch can be found here: https://github.com/Atomicwallet.

Budget allocation

Each atom swaps using a locked lock-time contract, which is part of the scripting language used for most cryptocurrency today. Both parties submit their respective transactions to the appropriate blockchain. User A sends bitcoin to the Bitcoin blockchain, and user B sends ETC on the Ethereum Classic chain. Recipients can only claim this transaction by revealing a secret number.

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THE TEAM (ATOMIC WALLET)

See videos of the Atom Wallet team to feel inspiration, review the Atom Wallet UI and get an education from the conference. To stay up to date, subscribe to the YouTube channel (ATOMIC WALLET).