Where does Imtoken come from?

日期: 频道:BlockChain News 阅读:14

ImToken, Tokenlon and WalletConnect

imToken is one of the most mainstream wallets in the crypto world. It’s a smart digital wallet enabling multi-chain asset management, DApp browsing and exchange of value.

It has a comprehensive risk control system and supports hardware wallets to protect users’ assets from cyber attacks. It also has a built-in DApp browser supporting ETH, EOS and TRON DApps.

What is imToken?

Founded in 2016, imToken provides a smart digital wallet to securely manage crypto assets, including TRON and other Layer 2s. With a user-friendly interface, it allows users to transfer and earn through DApps on various chains. The built-in exchange also offers low swap fees. The wallet is designed to protect digital assets from hacking attacks. It supports cold storage through hardware wallet integration and enables users to make transactions offline.

The app is available for iOS and Android devices. It offers a range of features that include the ability to set an Identity name and password, as well as a passphrase. It also has support for fingerprint and Face ID, making it secure from hackers. In addition, it supports a number of cryptocurrencies, including Ethereum and ERC-20 tokens. The wallet is also capable of staking, giving users a passive income from their holdings.

The company is based in Singapore and has raised over $40M in funding from investors such as IDG Capital, Pathfinder Partners, Dan Matuszewski, HashKey Capital, and SNZ Holding. imToken is included in 3 Expert Collections, bringing together analyst expertise and company data in one place. Users can search and compare the companies in each collection to find those that best fit their investment strategy. These collections are curated by industry experts and cover areas such as blockchain infrastructure and development, crypto & DeFi,BTC Bitcoin wallet , Web3, NFTs, and supply chain.

What is Tokenlon?

Tokenlon is a decentralized exchange (DEX) and payment settlement protocol powered by the Ethereum network. The platform aims to be the next generation of crypto trading services and is designed to provide high-precision, fast and secure transactions. Tokenlon is built with security in mind and has been subject to professional security audits. It also has a number of features that make it unique among other DEXs.

Unlike other DEXs, Tokenlon does not keep your funds and does not allow deposits of fiat currencies. Instead, the platform allows you to trade directly from your wallet. To do this, you will need to add your ETH in the Coinbase Wallet and select the token you want to swap for. You will then need to input the amount of ETH you want to swap for the token and confirm your purchase. Once the swap is complete, you will receive the new token in your wallet.

In order to facilitate instant exchanges, the Tokenlon network has a real-time swap exchange that is connected to the Ethereum blockchain via the ox protocol smart contract. This ensures transaction atomicity and resolves counterparty risks automatically. The Tokenlon platform also has a market liquidity layer that specifies the strategies for liquidity sources to settle transactions.

The Tokenlon network also offers a variety of APIs and supports a wide range of programming languages. In addition, it provides users with a variety of charting tools and a mobile app that can be used to manage their accounts and trades.

What is WalletConnect?

WalletConnect is an open-source protocol that allows blockchain wallets to connect to DApps without needing to import or export keys. This is a major improvement over current methods of interaction, such as using an extension like MetaMask or installing a dedicated wallet app, where users would need to copy their private key or export their recovery phrase.

It forms a secure and encrypted connection between a DApp and a wallet, making it exceptionally user-friendly. This is accomplished by generating two unique keys, one for the DApp and the other for the wallet, which are then sent to each other via deep link or QR code. Once the connection is established, all transactions between the two parties are validated by the DApp using the wallet’s private key, and then recorded on the blockchain by WalletConnect.

In addition to WalletConnect, imToken offers a variety of other wallet and decentralized application services. These include the non-custodial imToken wallet app, a multi-chain cryptocurrency wallet that supports ETH and Bitcoin (BTC), and the Tokenlon DEX, a decentralized exchange that is integrated into the wallet.

The company has also completed a series A funding round, receiving $10 million from IDG Capital. It intends to use this new funding to further develop its wallet and other crypto-related services, including a risk control system, hardware wallet support, and biometric verification.

What is WalletConnect v2.0?

WalletConnect is the first open protocol for connecting wallets to decentralized applications. It makes it easy to use a wide variety of DApps directly from a mobile wallet without needing a browser extension or risking handling private keys.

It solves issues not only between devices and browsers but also between addresses, chains and applications. This is a huge step towards making Web 3.0 more usable and accessible for the masses.

The original version of WalletConnect shut down this week but v2.0 is already up and running. It offers more features and a much faster experience. Among others it allows for simultaneous chain connections. This was a major drawback in the old 1.0 version.

In addition, the new version is more stable and secure. Previously, the connection between the wallet and DApps could be interrupted in case the user closed the app or browser tab. v2.0 will remember the session and eliminate this inconvenience.

Moreover, the new version offers a built-in exchange and Staking feature. This is another significant upgrade to the e-wallet and gives it an edge over its competitors. The users can also verify their identities using Face ID and fingerprints. In addition, the wallet can support up to 168 different cryptocurrencies and tokens. This is another great feature for Crypto investors to consider. You can find out more about the WalletConnect features by reading this article.