The cryptocurrencies are here to stay
The scalability of the network together with the security of the assets has become one of the main requirements in recent years in the cryptographic world. The exchanges are the nerve centers of transactions in this digital age. However contradictory it may seem, blockchain technology seeks to decentralize systems and that all members of an ecosystem are part of the control of the platform and when we need to exchange our assets we resort to centralized platforms where we lose control of our cryptocurrencies during the transaction.
Liquidity Network enters with a host of innovations that solve these problems and giving the possibility to existing platforms to improve the services they provide to the blockchain community.
Liquidity Network scalability and security for the blockchain
Liquidity Network we will be able to carry out transactions at an incredible speed and almost instantaneously as in centralized platforms, but with the difference that we will have the backing of block chain technology for our comfort and security.
How does Liquidity Network work?
Liquidity Network uses the concept of atomic transactions with which transactions are carried out outside the chain. This type of exchange is the perfect solution to avoid saturation and chain congestion and avoid high transaction fees. These exchanges to be achieved out of the chain raise the scalability of any ecosystem since thousands of transactions can be processed in seconds at low costs.
Liquidity Network architecture
Liquidity Network infrastructure combines the best of the cryptographic world with the best features of centralized systems. The best of both worlds, Liquidity Network manages to combine the efficiency and rapidity of centralized power plus the security of decentralized blockchain technology. The Liquidity Network architecture is based on the concept of hubs. Hubs are designed to provide users with the real possibility of making transactions with any user connected to that hub, out of the chain and at a reduced cost.
Hubs are the cornerstone within this platform, since transactions are made outside the chain, a server is needed that will be responsible for performing the calculations and executing the protocols quickly and efficiently. Thanks to this, it is possible to lower costs. Although the concentrators have an important function within the ecosystem, a large part of the security is due to the fact that the users will only execute their funds once the calculations are finished within the system. In this way security and transparency are raised to a higher level.
Liquidity Network has as fundamental pillars of its system the technology No-CUST protocol and the Revive.
No-CUST protocol and the Revive
One of the greatest advances in security level that was achieved with Liquidity Network is that user funds are not left to the platform, no user is in need of providing the keys of their accounts for any type of transaction. What eliminates the possibility that people's assets will be affected if not
Liquidity Network creates its own LQD cryptocurrency with the intention of integrating this currency within its platform to attract the end users and merchants and to be able to cover the expenses for the services of the platform. Undoubtedly, this token seeks to break into an increasingly competitive and open market and position as a secure payment method for processing payments within the network. The token allows the holder to participate in the Liquidity Network: it is an access token to pay for auxiliary services (for example, channel monitoring) and will be the currency used by those users who wish to open a hub, LQD will be the means of payment in the concentrators.
New payment features:
- The Liquidity Network allows any member of a payment center to pay any other member of a payment center at zero transaction fees.
- The Liquidity Network offers instant and establishment of channels outside the chain: no prior cryptography is required.
- The Liquidity Network operates with simple routing designs, avoiding complex routing topologies.
New exchange characteristics
- The Liquidity Exchange performs instantaneous exchanges outside the chain without having funds from users, and is resistant to excessive chain transaction fees.
- The exchange of liquidity can still operate under blockchain congestion, it provides a more stable and professional level of service.
- Off-chain exchanges are instantaneous and can achieve commercial speeds of traditional centralized exchanges.
Case of use
Antoine decides to venture into the cryptographic world, begins protecting some of his assets in cryptocurrencies but the fluctuations of the market make him understand that he needs to invest his assets to be able to obtain profits and make his reserve of value a profitable investment in the short and medium term.
It was not until he found the Liquidity Network that he found the platform with which he was able to quickly exchange his assets from one currency to another, managing to diversify his assets and earn money which at another time he would not have been able to do it if he had not had Liquidity Network
The scalability of the blockchain systems is one of the main challenges faced by the ecosystems that need to be positioned within the next few years. The popularization of the blockchain will only be possible if it transcends as a store of value and at the same power allows micropayments to be made by users with the same ease and speed as traditional companies.
With Liquidity Network this is possible, the scalability is made thanks to the transactions atomized out of the chain this allows the existing ecosystems that decide to join this platform to eliminate the bottlenecks of its platform and reduce the costs associated with each transaction. With this also the new projects will not have to make excessive investments in hardware with which to be able to guarantee a much greater computational potential. Liquidity Network is the secure solution for the scalability of the cryptographic world.
Here I leave a video to learn a little more about the application
Get to know the mobil and desktop wallet developed
For people who want to download to your desktop or your mobile, here you will find the download sites:
Here you will find more information
- Liquidity Network Website
- Liquidity Network Wallet
- Liquidity Network WhitePaper
- Liquidity Network NOCUST Paper
- Liquidity Network REVIVE Paper
- Liquidity Network Apple App Store (IOS)
- Liquidity Network Google Play Store (Android)
- Liquidity Network Telegram Group
- Liquidity Network Telegram Announcement
- Liquidity Network Twitter
- Liquidity Network Github
Here is my Tweet about the contest
This is my entry for @originalworks