INTRODUCING LIQUIDITY NETWORK, A SOLUTION TO TRANSACTION CHALLENGES OF THE DECENTRALIZED WORLD

in #blockchain6 years ago

The problem of transaction speed has been the basic issue with most blockchains as they tend to process millions of transactions per time, with a decentralized system, decision making process is elongated, causing the speed of transactions to be delayed.

Liquidity Network, through a blend of two very innovative solutions, the LIQUIDITY HUB NO-CUST and REVIVE solutions, transactional challenges will be a thing of the past.

Background

Liquidity Network is a blockchain solution serving as an intermediary to financial exchange services (both on-chain and off-chain), it offers a Non-Custodian means of exchange signifying that all users funds will be held by the users at all times using their private keys and non of their funds is locked up by Liquidity Network. This is achieved by using a Hub System of payments where users can join and become members of a particular hub and carry out payments on the hub.
Liquidity Network ensures security of user funds as members of a particular hub can decide to pull out of the hub at any time with their funds intact and join another hub.

Simple Design:

Liquidity Network simplicity of routing and design infrastructure makes it a user-friendly ecosystem, making the applications easy to use, enabling people from different classes to effectively utilize the system either little or no issues.

Zero Transaction Fees:

One of the special features of Liquidity Network is that it has Zero transaction fees for members of a particular payment hub, ensuring that financial exchanges can be done effectively between members, and also making room for micropayments between two parties instantaneously.

Off-chain Hubs:

Liquidity Network REVIVE Technology makes it possible for off-chain transactions between Hubs and allows for effective rebalancing of channels between hubs. A combination of on and off-chain transactions between members of a particular hub and off-chain transactions between hubs makes for fast transactions between the whole architecture, hence leading to massive blockchain adoption.

Liquidity Network Wallets:

Desktop wallet

Mobile Wallet

Liquidity Network offers both web and mobile wallets for users which will serve as both store of portfolio and for payments and financial exchanges, the simple design and easy-to understand features of the products makes it efficient as a financial tool.

Use-Cases:

Obinna, a crypto merchant, wants to exchange 30 Ethereum to Amar for fiat, who is a member of his payment hub, usually to send such high amount the transaction fees incurred by such large amount of ETH would be so much that he would loose some of his profits on that trade. But using Liquidity Network hubs system, Obinna can send the ETH to Amar, at zero transaction cost in the fastest means possible, enabling his business to thrive.

Why Liquidity Network is the best Ecosystem for Blockchain Adoption:

Comparison with other exchanges

Comparison with other off-chain solutions

Comparison with other payment solutions

Token:

The Liquidity Network token is a token of value to be used for exchange on the Liquidity Network ecosystem, it gives users access to premium functionalities, like creating hubs, viewing special access functions, etc.

Team:

Roadmap:

For More Information and Resources:

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
Liquidity Network Blog

All uncensored images used on this post were retrieved from Liquidity Network Website and Liquidity Network WhitePaper

This is my entry into an @Originalworks Contest
lqd2019

Sort:  

This post has been submitted for the @OriginalWorks Sponsored Writing Contest!
You can also follow @contestbot to be notified of future contests!

Congratulations @bellapatra! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :

You made more than 1000 upvotes. Your next target is to reach 1250 upvotes.

Click here to view your Board
If you no longer want to receive notifications, reply to this comment with the word STOP

To support your work, I also upvoted your post!

Do not miss the last post from @steemitboard:

SteemWhales has officially moved to SteemitBoard Ranking
SteemitBoard - Witness Update

Support SteemitBoard's project! Vote for its witness and get one more award!

Hello @bellapatra! This is a friendly reminder that you have 3000 Partiko Points unclaimed in your Partiko account!

Partiko is a fast and beautiful mobile app for Steem, and it’s the most popular Steem mobile app out there! Download Partiko using the link below and login using SteemConnect to claim your 3000 Partiko points! You can easily convert them into Steem token!

https://partiko.app/referral/partiko

Congratulations @bellapatra! You received a personal award!

Happy Birthday! - You are on the Steem blockchain for 1 year!

Click here to view your Board

Vote for @Steemitboard as a witness and get one more award and increased upvotes!

Congratulations @bellapatra! You received a personal award!

Happy Steem Birthday! - You are on the Steem blockchain for 2 years!

You can view your badges on your Steem Board and compare to others on the Steem Ranking

Do not miss the last post from @steemitboard:

Downvote challenge - Add up to 3 funny badges to your board
Vote for @Steemitboard as a witness to get one more award and increased upvotes!