Liquidity Network: The New Solution To Blockchain Scalability Problem
Every newbie in cryptocurrency ecosystem seems to realise how slow the Ethereum network is, almost as soon as they start to learn about blockchain and cryptocurrency, it is a problem that has rocked the network for years. No one would have known how slow Bitcoin and Ethereum is if EOS, Bitshares, Tron and Steem were never developed, there is a huge debate about how decentralized they are, but they get the job done as far as transaction speed and cost are concerned.
Unarguably, EVM (Ethereum Virtual Machine) and creation of smart contract is a revolutionary idea that has created increased adoption. For a long time, efforts has been focused on on-chain transaction on blockchain. It is high time we struck a balance between decentralization and centralization in order to scale this new technology. Liquidity Network is a project that has metamorphosed over years, it is long awaited solution. Every Tom and Harry would love to execute transaction almost for free at speed of light. I want to be able to airdrop token to a million people without congesting the network. Welcome to the new world!
Benefits of Having Control Over Private Keys
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All transactions are permanently recorded on the blockchain, yet not all go through it. This is a big reason why Liquidity Network keeps getting faster when there are higher transactions per second, the more the network is used, the better it becomes. Here is the deal breaker, this solution is trustless, no user have to trust the network and other products that are built on it. You keep your private keys while you enjoy seamless transaction that does not exist elsewhere. Today, decentralized exchanges are facing lots of challenges like slow latency and speed.
Liquidity Network has taken a leap forward without sacrificing privacy of users and protection of their digital assets.
Off-chain Hubs Solved Issue of Transaction Cost
The creation of these hubs has made is really easy for airdrops power by Liquidity Network to enjoy zero transaction cost, protection of private keys, fast distribution of tokens and ability to forward drops to multiple network.
How Liquidity Network Is Suited To Allow True Decentralization
Over the years, the modus operandi of asset exchange has evolved. Now that cryptocurrency exchange experience unprecedented amount of trading transactions per day. The volume may not be close to forex and other financial market, but the amount of user that trade cryptocurrency per day is an assurance that the new technology would be better when it is mainstreamed and adoption is massive. In the past, users trust their money into the hands of exchange, they act as custodians. But attacks on exchanges has made it important to consider Dex (Decentralized Exchanges). Liquidity Network secure users' funds on the blockchain amidst fast and inexpensive trading using NOCUST technology.
For More Information
Liquidity Network
Liquidity Wallet
Liquidity Telegram Channel
Liquidity Telegram Group
Link to Tweet: https://twitter.com/CoinLee_/status/1082587347915628544?s=20
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