LIQUIDITY NETWORK - The Future is now!

in #contest6 years ago (edited)

Liquidity Network

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Liquidity Network Website

Before starting ... a small preamble:

There is no doubt that the Blockchain technology has been evolving exponentially for several years now, this cryptocurrency technology faces a great challenge with the scalability in Ethereum and Bitcoin with the number of transactions that can be handled on the platforms. This causes great difficulty for people to confirm their transactions in a short period of time. Sometimes, you can wait many hours and this is unacceptable for the current and future economy.

People and businesses want a fast and efficient payment that is processed efficiently. Currently it is very common that people have to wait a long period of time to receive their payments, however this can change, each time we are closer to greater efficiency and the future, recounts "the future is now".

Both the Bitcoin and the Ethereum are two of the most popular cryptocurrencies, they are working hard to scale and increase the capacity of transactions. Both develop their own solution for the blockchain and the speed of transactions. Bitcoin has developed Lightning Network and Ethereum Raiden. Both are solutions that are executed on the interface.

Finally, a platform can arrive that will bring a solution that will allow mobilizing payments and transactions in a more efficient way. The liquidity network is building a solution that will solve the problems of large users who manage the cryptocurrency market, while using a network that can be used from any smart device.

Liquidity Network Website

....So what is the Liquidity Network?

In simple words, the Liquidity Network is the wallet platform while it is built on the Ethereum Network, although I mentioned bitcoin above, this platform is based on the Ethereum while users can store their cyrpto assets and perform various functions on the Ethereum Network, as transactions, exchange, intelligent contract and different alternatives.

It is important to mention that there are two important points within the liquidity network, such as the following:

  • Liquidity Hub NOCUST: the complete access system together with the funds that are owned only by the users in payment / exchange.

  • REVIVE: rebalancing the payment channels safely outside the blockchain, applies to the hubs over the enabled algorithm.

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Liquidity Network Blog

Both points play an important role within the liquidity network, since they support each other. Liquidity Network is a decentralized wallet platform that is designed to give the user full control over their accounts, such as funds that are only owned by users, promoting fast, secure and efficient transactions.

The liquidity network has an integrated debate system to ensure that the central point of the installation can operate in a simple manner. In the event that a discussion is initiated and a meeting can not demonstrate reliability by giving the correct Merkle marks / tests, at that point the last false control point is removed and the central negotiated installation point is closed.

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Liquidity Network WhitePaper

Token

This network at the same time that handles Ethereum transactions has its own token in which is the LQD and will be used by the users to be able to pay ancillary services and have a high level when making a large number of transactions.

It is important to say then that the liquidity network token was built on the Ethereum network code known as the LQD token. The main function of this token must be used to access the "premium" functions within the Liquidity Network.

In what market can the Liquidity Network be used?

Currently in the cryptocurrency market is growing, as well as its users and people who know the world of cryptocurrencies as a job, so every day grows more disposition to handle these currencies at a more global and commercial level. Currently in my country cryptocurrencies are used as payment methods to acquire different properties and services, among which I can mention:

  • Digital payments
  • Purchase apartments
  • Institutional payments
  • Blockchain applications.
  • Digital goods
  • Me rental services.
  • Goods.
  • Gaming.
  • Payments of loans.
  • Among others.

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Liquidity Network Applications

  • Liquidity network like blockchain payments


Payment and transaction are important activities within the blockchain orientation, since Liquidity Network provided the payment solution through the network. Low rates, speed, scalability, etc. They were integrated into the Liquidity Network as the advanced functions offered to users.

  • Exchange Non-Custodial Off Blockchian Exchange

Liquidity Network provid a non-custodial portfolio system which means that users have full access to their account / balance, by means of which the liquidity network has no funds of its users during the exchange or the stored portfolio.

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Liquidity Network WhitePaper

USE CASE 1

Daniel is a fan of videogame sites and his membership costs only a couple of cents per month. Daniel had some bills to pay this month and could not afford to pay the annual membership. At that time check that the site has a custom token that can be exchanged. In general, sending a custom token would incur a great expense in the disposition of Ethereum. However, by using Liquidity Network, Daniel can make more efficient deliveries without spending more.

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Liquidity Network WhitePaper

USE CASE 2

Carlos is a company boss who makes payments to his employees through the cryptocurrency, so he needs his payments to arrive quickly to each employee's account, after a long time using platforms with a slow interface, for a long time Carlos looked for solutions until he found a liquidity network that allowed him to make payments instantly, just what Carlos and his employees needed.

TEAM!

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Liquidity Network WhitePaper

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