Liquitidy Networks Exchange Platform Scalable, Instant, Secure y Easy

mariela53 (67)in #crypto • 6 years ago (edited)

introduction

Since the beginning of centralized banking in Mesopotamia, financial intermediaries evolved as intermediaries, such financial intermediaries traditionally act as custodians, custodians are temporarily the owners of the funds transferred, in which they are entrusted with monetary policies, there has been a series of obstacles that do not allow a guaranteed transaction performance and high availability of the financial intermediary, while small value transfers (microtransactions) are inexpensive., in which they seek scaling solutions, reduce the load on the blockchain ledger by performing operations out of the chain safely. I present you with a platform called the Liquidity Network, which is resilient to congestion in the block chain. Transactions without extra charge outside chain, scalable, safe, easy, in which you can build your business in a reliable platform. Where you can make instant transactions, billions of users.

¿What is the Liquidity Network?

Firstly, the liquidity network was designed to support millions of users, its bases are built on the Ethereum block chain and it is characterized as a transparent, simple, scalable and private network. The liquidity network is a network that offers payment and exchange services. The exchange of liquidity is designed not to retain funds (non-custodians). The exchange of liquidity is an exchange outside the chain without custody to build on the liquidity network. while atomic exchanges take place outside the chain. as such. The exchange is resistant to blockchain. congestion and excessive transaction registration. Scalable exchange to centralized performance and beyond.

It is based on its 2 key components through its synergy, which are: The NO-CUST liquidity center and the Revive.

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The application of the liquidity network - Exchange of liquidity

The liquidity network takes advantage of the benefits of centralized computational power and the decentralized nature of blockchain to create an exchange that has the speed of a centralized exchange and the security of a decentralized exchange. The liquidity of the exchange network does not have any funds while making atomic swaps out of the chain, so it is scalable and secure. The liquidity ecosystem comes from a symbiosis between our two academic innovations: the Liquidity Hub NOCUST and REVIVE. The exchange of liquidity is an exchange outside the chain without custody to build on the liquidity network. The exchange of liquidity is designed not to retain funds (non-custodians), while atomic exchanges take place outside the chain. As such The exchange is resistant to blockchain. congestion and excessive transaction registration. Scalable exchange to centralized performance and beyond.

Liquidity network Nocust Hub

NOCUST It is a specification for secure third-party payment centers. With a better transaction utility, lower operating costs and more agile user registration, which allows the operation of a non-custodian financial intermediary, which by design can achieve the. The same transaction performance as traditional custodians. A user can open a payment channel directly with a NOCUST hub outside the chain, in the face of the need for a costly chain channel initialization transaction. NOCUST allows a set of participants to transact safely through a single payment center - their allocated funds can therefore be freely used among the members of the hub.

Nocust it is derived from "Without custody", which allows non-custodial transactions outside the chain that renounce the costs associated with chain transactions. By design, the number of transactions per second will only depend on internet latency and bandwidth.

Revive

REVIVE it is an integral part of the Liquidity Network. It is an algorithm that allows different hubs to rebalance their payment channels out of the chain.

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Build your business on a reliable platform

It includes SLA's..

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Settlement of transactions outside the chain

Out-of-chain transactions can be grouped or separated into two main categories: between 2 users that are bipartite transactions and N-party transactions, which are between more than 2 users: 2 party payment channels, and payment centersN-party.

The following are different types of bipartite channels:

Unidirectional

A unidirectional channel is between two parts; one of which deposits collateral of some kind (for example, ether). The deposit is a security that encapsulates the maximum amount that will travel through the channel outside the chain. Funds can only travel in one direction in a unilateral channel.
Bidirectional
A bidirectional channel is one between two parties that both deposit guarantees. This channel allows you to send funds in both directions. The risk of bidirectional off-chain transactions is that an illicit node in that channel (one of the two parties) can invalidate the previous transaction and steal the other party's fund.
Linked payments
The linked payment channels are used in the case that two pairs are not directly connected. Each member deposits some guarantee in this network. With the topography of linked payments, the following considerations are taken into account: route search, channel maintenance, transaction security and congestion balancing.
Payment centers of 2 parts
A two-part payment center is an extension of the previous types, which includes more than two people who participate in a direct transfer of funds.

Payment centers N-Party

The N-Party Payment Centers make transfers cheaper and faster because they eliminate much of the computational work. offering free registration of offchain channels. Liquidity Network Hub offers simple routing, compared to two-part payment channels that require a complicated routing topology. These centers reduce the barrier of entry necessary for a nurse to a center, and therefore more liquidity is acquired

"Payment centers ensure that funds are only transferred between users and are never held on a server. However, a server is used to calculate transactions to make them faster and cheaper for the hub as a whole. Again, while the server calculates the transactions, the user retains the funds, so that the funds of the users in the payment center are not compromised".

Decentralization of the liquidity network Nocust Hub

The decentralization of the liquidity network is surprising since it can run its own central server, and an out-of-chain server which will work together with an intelligent contract, so all the funds of the accounts will be under the control of the users with keys private for these accounts.

Users will have their own private keys and the hubs are interconnected in a similar way to those of Lightning Network and Raiden. The user has the option to join another hub and thus the different user hubs can send funds from one side to another using the Advanced Revive protocol.

"The liquidity network deals with the efficient management of these payment centers: low configuration costs, low maintenance and labor costs, independently of blockchain congestion. Liquidity can handle millions of users per Hub!".

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Liquidity and interface network applications

"Applications based on liquidity network technology are being developed for mobile and desktop devices. The portfolio of the liquidity network is shown below ".

Desk

Portfolio desk liquidity network

Mobile

"The Liquidity network portfolio is available for the two most common operating systems on mobile devices: IOS and Android! ".

Portfolio liquidity network móvil

Here is a video that gives a quick overview:

Meet the team

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Conclusion

It is concluded that the platform offers many benefits for its users. Where offers to exchange cryptocurrencies without any rate. The platform is safe and easy to use where any user wants to do business without any risk. It's an interesting and great design, it's just a matter of reviewing the website and you'll see that you'll be surprised by the modern and updated platform. This system allows users to perform transactions outside the chain because through blockchain you can transfer assets to any person and wherever you want. Also transactions are instantaneous and transparent because the exchange rate is very low. You do not need custodian transactions to be made, that is, they are made directly through the network and therefore the exchange of assets becomes faster, easier and less risk,making it more interesting.