The One Saving Grace we were waiting for - Liquidity Network!

in #cryptocurrency2 years ago (edited)

How Liquidity Network's Merge Approach will change the blockchain game:

Liquidity Network Website Front Page

What is the Liquidity Network?

Liquidity Network is a scalable and easy-to-use yet secure private network on top of the Etheruem blockchain that serves a purpose to bring a viable option when sending cryptocurrencies. The network gets an edge over the other technologies as it supports millions of users and is very affordable.

This off-chain architecture was fully launched on 14th June, 2018 entering the domain and standing above its rivals like Marketplace and NYSE.

 Off-chain transactions refer to those transactions occurring on a cryptocurrency network which move the value outside of the blockchain.

How does the system work? The Merge

In essence, the network employs a centralized approach to increase the speed of the transactions whilst employing a decentralized approach to retain the security of the blockchain.

The Network centralizes the computing power by central hubs called  The Liquidity Hub NO-CUST (which is derived from the word "Non-custodial") within which users in the network can transfer their valuables - cryptocurencies - among themselves in the intranet. Consequently, this makes the transactions instant and at a low cost.

The Network ensures that each user has access to every other user in the network within a transaction. The Network, at the same time, makes sure that the asset is secure thus reducing risk. It combines the purpose of a blockchain but where the assets are transfered out of the blockchain.

The network also has another key component called REVIVE. This is an algorithm that ensures a balance in all the hubs and since it is off-chain, it makes it easily scalable.

 Liquidity Network: WhitePaper, Page 12 

The Transaction Cycle:

Transactions could be between 2-party channels or N number-party payment channels.

2-party payment channels:


  • One directional - The asset travels in one direction where one party sends a collateral to the receiver.
  • Two-directional - The asset moves between two parties in both directions. Its limitation comes about when one party invalidates the transaction and steals the funds.
  • 2-party payment Hubs - Involves two parties directly sending funds to each other.
  • Linked payments - Where the two parties are not directly connected in the network.


N-party payment channels:


Occurs between multiple parties. This reduces the amount of computational power needed as compared to 2-party channels making transfers faster, more affordable and allows for more users to the hub.

The private keys brings control in each hub where the owners(or those in possession) of the private keys are in control. Anyone can start a payment hub and host millions of users!

The Liquidity Network Wallet:

The wallet application runs on a variety of devices; both desktops and mobile phones. The app is available on Google Play Store for Android smartphones and Apple App Store for iOS users. There is also an experimental web app in its Beta stages that runs on all browsers. They call it the Billfold Wallet.



Liquidity Network's Edge and Application:

One security concern of present airdrops are the 'custodian mechanism.' The custodian holds your wallet's funds and private keys. The moment a transaction is to be made, the custodian sends you the private key which can be illegally accessed by unauthorized people through phishing and eavesdropping. This method is inefficient and Liquidity Network fixes this by removing the custodians and transaction fee and launches multiple drops to millions of people in turn reducing unnecessary costs.


In my opinion, I acknowledge the benefits of a scaled-up, more affordable, easy-to-use and faster comparison to today's blockchain congestion. All this hype got me at its user-friendly and attractiveness of the wallet's application. I've used the system myself and I could highly recommend this to anyone, anytime.

Kindly follow my account an consider upvoting... I put huge amounts of time posting content on cryptocurrencies and travelling. If you're into that, I'd appreciate the follow.

Liquidity Network Contacts:


Liquidity Network

Liquidity Network Youtube Channel

Liquidity Network Twitter

Liquidity Network Github

Liquidity Network Wallet

Liquidity Network Google Play Store

Liquidity Network Apple App Store

This is an @originalworks  contest write-up for the Liquidity Network.


Link to Tweet (;



This post has been submitted for the @OriginalWorks Sponsored Writing Contest!
You can also follow @contestbot to be notified of future contests!

This post was upvoted and resteemed by @resteemr!
Thank you for using @resteemr.

@resteemr is a low price resteem service.
Check what @resteemr can do for you. Introduction of resteemr.

Congratulations! This post has been upvoted from the communal account, @minnowsupport, by markgacoka from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, someguy123, neoxian, followbtcnews, and netuoso. The goal is to help Steemit grow by supporting Minnows. Please find us at the Peace, Abundance, and Liberty Network (PALnet) Discord Channel. It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.

If you would like to delegate to the Minnow Support Project you can do so by clicking on the following links: 50SP, 100SP, 250SP, 500SP, 1000SP, 5000SP.
Be sure to leave at least 50SP undelegated on your account.

You got a 2.44% upvote from @minnowvotes courtesy of @vintageprint!

Congratulations @vintageprint! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :

You received more than 500 upvotes. Your next target is to reach 1000 upvotes.

Click here to view your Board
If you no longer want to receive notifications, reply to this comment with the word STOP

Support SteemitBoard's project! Vote for its witness and get one more award!


This post is Powered by @superbot all the way from Planet Super Earth.

Follow @superbot First and then Transfer 0.100 STEEM/STEEM DOLLAR to @superbot & the URL in the
memo that you want Resteemed + get Upvoted & Followed By @superbot and 1 Partner Account.

Your post will Appear in the feed of 1300+ Followers :)

So don't waste any time ! Get More Followers and gain more Visibility With @superbot

#Note - Please don't send amount less than 0.100 Steem/Steem Dollar ,Also a post can only be resteemed once.

Thank you for using @superbot

If you would like to support this bot , Please don't forget to upvote this post :)
Stay Super !