A Feasible Solution: Liquidity Network
Introduction
The world of blockchains has taught us that this goes beyond something economic, is something sustainable and very feasible for daily use therefore, with many aidrop and different cryptocurrency transactions such as the case of bitcoin, ethereum or other crypto x It makes the blockchain very heavy and can not fulfill tasks immediately with a maximum increase of users in this technology already mentioned, that is why we have the need to find a blockchain capable of satisfying this demand quickly and easily. sustainable.
There enters this wonderful ecosystem that bifurcates your possibilities to make this a lasting business, whose name is liquidity network keep reading and you will understand more of this beautiful and pleasant system.
* What is liquidity network?
Liquidity network is based on the blockchain of ethereum, where its purpose is to receive or send payments using cryptocurrencies quickly and satisfactorily, removing that small inconvenience of receiving your assets in a late and angry way, and be happy in this wonderful world of blockchains: D
What makes it innovative?
Despite being based on the ethereum blackchain, the points that already touch respond to this question but its operation is governed by two technologies The Liquidity Hub NO-CUST and The Revive
The Liquidity Hub NO-CUST
This wonderful technology allows you to save a lot economically, taking away the cost of the blockchain and thus make your transactions out of it.
The Revive
It is like saying that which allows the aforementioned to function and be able to carry out transactions outside the blockchain. This way, we can give stability to all the payments we are going to make outside of the blockchain and have a strong and profitable system for whatever reason we want to use it.
Characteristics of the liquidity network
Liquidity Network promotes an instant payment process that allows you to make payments instantly without waiting time.
Payments are insured by the blockchain.
The funds allocated can be used to pay any other member of the liquidity network, which means that there are no funds blocked.
Simple design avoids complex routing.
All transactions and actions carried out in the network liquidity network are auditable. With this, transparency is guaranteed.
Improved transaction privacy.
All payments are insured by the chain of blocks and are owned by the member at any time, no bank is required.
The fees are paid by the sender or the recipient, which allows flexibility.
Built in Ethereum and compatible with existing solutions such as Lightning or Raiden.
The exchange
The exchange happens thanks to the so-called HUB that calibrate transactions outside the chain, helping to support this technology.
Use of token
LQD is a payment and utility token within the liquidity network that can be used as a means of payment to purchase service level agreements.
Case of use
Genesis is a small single entrepreneur with a shoe business that she inherited from her grandmother a few years ago and decides to adapt to new technology such as the case of the blockchain and thus, comes up with the wonderful idea of starting to accept cryptocurrencies as payment by watching that his country Venezuela is having a massive expansion in this area but he realizes that the service of the blockchain is a bit slow and this does not suit his purpose.
Investigate more about the issue, where you are with liquidity network read a little and be fascinated by what is offered and try the system of transfers of assets outside the chain to prove that if it fulfills what it promises liquidity network.
Demonstrative video
More information and resources
All images were taken from the following sources 1, 2 y 3 except for the first one that is my author, made with the canva tool.
lqdtwitter2019
[twitter(]https://twitter.com/eliaricardo200/status/1082732201077288960)
lqd2019
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Design made by @elvigia
Credits @abdulmath
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Tools used to prepare the GIF
Canva | https://www.canva.com/ |
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GIPHY | https://giphy.com/gifs/8mqyAZJ5tg0pMMV8Ii |
Pixabay | https://pixabay.com/es/ |
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