Enhancing Blockchain Scalability Using Liquidity Network

in crypto •  6 years ago 

Blockchain Scalability has been a major challenge and goal for achievement for several blockchain projects recently, indeed it has been an issue of concern for the decentralized ecosystem to have a system whereby any particular innovation or sets of innovation can be applied across-chains with ease and the same effects as seen on the mother chain.

liquidity network offers off-chain transactions between members of a hub and on-chain security of transactions, using blockchain technology. this is the outcome of two novel innovations by Liquidity network:

  • Liquidity Hun NO-CUST
  • Liquidity REVIVE

These two innovations make up the Liquidity Architecture, which is poised at delivering a solution to finiancial exchange and payment intermediary ecosystem, following the trend of third generational blockchains, liquidity network has surpassed the applicability of other blockchain networks, including Lightning and Raiden.

Up until now, financial exchanges decision by firms and institutions has been a dilenma as they are faced with choosing either centralized systems with high volume and instant speed transactions or decentralized systems with effective security. Liquidity Network has succeeded in creating a level ground for financial institutions from a peer reviewed research finding to choose a system that incorporates the benefits of both systems and none of their pitfall-so far.

Liquidity Network is bringing professionalism to financial exchanges by offering off-chain transaction settlements uisng an N-party payment Hub architecture, where users can register into hubs for free, enjoy cheaper and faster transactions, and has a simple routing design and interface.

Advantages of Liquidity Network

As seen in the image above, as sourced from Liquidity Network Whitepaper, Liquidity Network is trying to decentralize a centralized ecosystem and do it in a very professional way in order to create a space where professional traders, businesses and firms can comfortable participate in trades on channels or Hubs.

The same is seen in comparison to other off-chain solutions, liquidity Network is indeed creating asystem to ensure blockchain payment to everyone.


Architecture

Liquidity Network Architecture involves a seamless combination of liquidity Network's NO-CUST HUB and REVIVE, allowing Liquidity Network to serve as a Non-custodial financial intermediary, executing honest verifier Smart Contract on financial transactions, allowing users to have total control of their funds while acting as the security operator server using blockchain technology.

Moreover, this system also allows secure rebalancing of hub channels by users based on rules set by the hub owners.

Liquidity Airdrops and Other Applications

Liquidity Network can be used in running airdrops and bounty campaigns, whereby token creators can send the tokens to as many members of their community as possible using payment hubs, and ensuring secure and fast transactions.

Other applications of Liquidity Network interface includes:

  • transfer of money
  • merchandizing services
  • purchases of goods and services
  • Services and Products marketing

RoadMap


Team

   For More Information, Please follow any of the links below:

 •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  

 # All images were sourced from Liquidity Network Website and Liquidity Network WhitePaper, unless otherwise stated.   


This is my entry into an @Originalworks Contest

 lqd2019 



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