Liquidity Network : The Ultimate Solution In Cryptoassets Based Transactions

in #crypto5 years ago (edited)

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Last week, the blockchain community celebrated an anniversary on the blockchain, the first mined coin by Satoshi Nakamoto. To say the truth, the blockchain has brought more improvements in past time, with this improvements also comes some challenges, lagging, overload and many problems. It now looks like as if as we are creating more solution on the blockchain, we are indirectly creating another problem somewhere.

Though many projects have come up with some solution but none has been that thorough in dealing and proves to be long lasting like Liquidity Network.

INTRODUCTION

The Liquidity Network. brings both Centralisation and Decentralisation together in bringing better speed and transactions. It also helps to be more acceptable to millions of people. Very scalable and offers many incentives to solutions :

  • The Liquidity Hub Nocust.
  • The revive.

This two are the ecosystem on which Liquidity Network. is built.

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Does Liquidity's ability to scale and support millions of users make it better than current solutions

Yes, affirmative. With Liquidity Network. seamless transactions and it's immense scalability makes it the best. We all know Bitcoin and ethereum has no restriction and third party. Except exchanges. But Liquidity Network. through its hub has brought some securities and token with transaction that adjust itself to move higher as more people comes onboard.

It's also better in term of private keys, the users could hold there own private key secured. This is surely giving the power back to the users. Liquidity Network. also promote blockchain mass adoption.

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How is Liquidity's ability to make efficient off-chain hubs solve the issues of high transaction costs?

It's is a very well known fact that on-chain transaction attract cost and demands energy in term of power and manpower. This has limited many users on the blockchain in using some services. The introduction of Off-chain hub by the offline kind of transaction which can later be settled into the network later makes transactions very simple. reduce the cost and makes transactions faster.

What are the benefits of maintaining control of your private keys just as you would with decentralized services while the computing is handled by an efficient centralized server?

Since the start of the blockchain users have been longing for a total control of there funds. Sadly, it's always in the hands of exchanges which makes it prone to theft. By Liquidity Network. mode of operation by placing there keys offline and in there custody proves to be the best means of securing the funds.

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All pictures sources from Liquidity Network.

More Information & Resources:

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The above is my entry into @originalworks contest which can be found here
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Twitter Link
https://twitter.com/tenibolade/status/1082918208569405440?s=20
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