Liquidity Network. More than a network of exchanges
Hello friends, how are you? I am happy to return, since I missed the previous contest because I was traveling. This article is about Liquidity Network, and is sponsored by @OriginalWorks I hope you like it.
What is Liquidity Network?
Liquidity Network is a simple network that allows heavy operations of the chain, working and operating with a network blockchain ethereum.
Liquidity Network is not an ordinary exchange network, and although it was founded just two years ago, it has grown exponentially thanks to its different qualities and unique characteristics, which not only have given it renown, but the possibility of reaching millions. of users interested in the exchange of crypto.
To explain what Liquidity Network is and how it works, we must divide it by points, since it has so many unique characteristics worthy of study.
Security and transparency:
The security provided by a network that handles money and funds from people is of the utmost importance, who does not like to feel safe when saving or making fund movements. The security in Liquidity Network is even better than that of a bank since it gives 100% control to its users. Users perform transactions outside the chain with their private keys, complying with smart contracts.
Without payment of fees:
We know that many blockchains and Exchange charge fees or percentages for performing certain transactions. In Liquidity Network this does not exist, since through different systems such as Nocust, users do not pay additional expenses. This is something unique to Liquidity, positioning it above the other exchange networks.
Private keys:
Private keys not only offer the necessary security to the user, but allow and open the doors to these users so that they can create servers outside the chain, where the possibility of sending and receiving funds is unlimited and of the total control of the users. . These servers are operated by these users (worth the redundancy) can access and control them thanks to these private keys.
Easy and simple to use:
Liquidity Network has an easy and simple platform for those new people who join the world of crypto, thus helping the massive adoption of this technology. The platafora has its desktop version and its mobile wallet version. Here some images of these.
Decentralization:
First we must know the definition of this word: "Decentralization is the process of distributing or dispersing functions, powers, persons or things outside of a central location or authority. "
We already know that Liquidity Network grants the maximum power to its users over its funds, which are globally. This means that the Liquidity Network can not make decisions about these funds. Users have a power over their crypts. In conclusion within Liquidity Network there is no one or have the power to decide on the assets of the users, apart from the users themselves.
* Text extracted from https://es.wikipedia.org/wiki/Descentralizaci%C3%B3n*
Nocust:
- Without custody * Insurance have been asked who or who is responsible that within Liquidity Network transactions are free and out of the chain.
Nocust is an intelligent contract, which was implemented to perform transactions between users, servers, etc. All these transactions outside the chain, the fact that they were made outside the chain allows users to not pay commissions or percentages when making the movements.
REVIVE
It is an algorithm within the Liquidity Network. "It allows the different hubs to rebalance their payment channels out of the chain."
* Text in quotes extracted from https://steemit.com/crypto/@originalworks/2500-steem-sponsored-writing-contest-liquidity-network*
The Team
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