Brief explanation on what Liquidity network is:

in #steemit5 years ago (edited)

Brief explanation about what Liquidity network:

Sin título.png

First of all I must inform you that this post I do as participation in the contest of @originalworks which is sponsored this time by Liquidity network. Well, the information on this subject is somewhat complex and long but I will try as much as possible to make them understand a little before entering their official page to finish learning that the topic is going.

Well, in a few words we have before us a new network that implements characteristics of a centralized network as well as a decentralized network. It is no secret to anyone that there are currently many networks of exchange in which we can work and interact without any problem but for some reason we do not achieve complete comfort or a system that makes us feel comfortable with what we do. Well, liquidity network It will make that change once and for all for all of us.


How does it work?

It is a simple network that has been created on the Ethereum network in which we can perform transactions at an incredible speed and almost instantaneous as in centralized platforms, but with the difference that we will have the transparency, security and privacy of decentralized platforms such as those that are commonly known.

This is an extraordinary combination as they complement each other perfectly, in addition to this it may be possible to perform transactions outside the chain which means making transactions with a speed that depends entirely on the user's internet.


Equipment, token and features:

Behind this magnificent idea is an expert team in different fields such as new technologies, blockchain, currency exchange, information technology, among others. A team that has dedicated much effort to this new network and that is also answering all the questions and doubts that new users have through their Telegram account which will be shown at the end of this article.

On the other hand, the team has been in charge of giving a certain priority or benefit to Premium users who will obtain their own token from the network called LQD, this was specifically created to surpass liquidity's Premium features network and is capable of supporting millions of movements per second without any problem.


Finally let me tell you about some of the characteristics that make this exchange network very effective and beneficial to use:

  • First we have security which is a factor that the team was very concerned about specializing in the network.

  • Second, the transactions being virtually instantaneous give us an air of unique comfort.

  • In third we have that privacy and transparency are prime factors of the network, so we can use it without any concern.

  • Fourth, I can talk about non-custodial transactions, that is, outside the chain, which greatly reduces the costs that would normally be generated.

  • In the fifth place but not least we have the revive, an integral part of liquidity network that allows the different hubs to rebalance their payment channels outside the chain.

This last feature tells us about the rebalancing outside the chain that thanks to it will not affect the given chain because its use will be much less. It is scalable and low cost in addition.


Types of bipartite channels:

Unidirectional: This refers to a common transaction between two parties, where one of these parties deposited collateral of some kind . Unidirectional channels can only be used to send assets in one direction only.

Bidirectional: A bidirectional channel is one where both parties deposit guarantees for the receiver, the problem with this is that if one of the two cancels and the exchange is taking place outside the channel then this would be a loss for one since it would become a victim Of robbery. In this channel funds can be sent in both directions.

Linked payments: This channel works for when neither party is connected to the network directly so a part is kept as a guarantee within the network.

Two-part payment center: This is an extension of the previous types but includes more than two people in a direct fund transaction.

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Liquidity network, conclusion:

This is only a minimal information to make them see the great qualities of this network, the wallet can be downloaded to mobile devices through google play store, it is also possible to use it on computers or enter your website even if it is still in beta. I hope you have liked the content and wish to participate as I assure you from my own experience that you will not regret it.



Liquidity Network Website
Liquidity Network Wallet
Liquidity Network WhitePaper
Liquidity Network NOCUST Paper
Liquidity Network REVIVE Paper
Liquidity Network Apple App Store (IOS)
Liquidity Network Google Play Store (Android)
Liquidity Network Telegram Group
Liquidity Network Telegram Announcement
Liquidity Network Twitter
Liquidity Network Github
Liquidity Network Blog



Link of the contest: https://steemit.com/crypto/@originalworks/2500-steem-sponsored-writing-contest-liquidity-network.

lqdtwitter2019: https://twitter.com/AndresP93784496/status/1081651957977284609.

lqd2019.

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