In response to this need and as a very useful tool for transfer and exchange between different cryptocurrencies, "Liquidity Network" was born.
WHAT IS LIQUIDITY NETWORK?
Centralization allows speed and the decentralization characteristic of the chain of blocks offers security, once combined both properties arise a scalable and secure exchange network that supports instant transactions for thousands of users at once, this is what represents and is Liquidity Network.
NETWORK COMPONENTS
Liquidity Network Nocust Hub: Despite being a financial exchange network without custody is highly secure thanks to the implementation of the "NON-Custodial" or NOCUST that allows the exchange outside the blockchain and gives the network most of its advantages over other transfer platforms. Its security lies in the fact that funds are not available while the off-chain exchange takes place, this keeps each user's funds out of the reach of third parties and gives the security needed without sacrificing the scalability of the network, which depends on the bandwidth and latency of the internet at any given time.
Revive Protocol: It is the network algorithm that is applied to the hubs for the rebalancing of the payment channels in a secure way outside the chain. These hubs are neither banks nor custodians and represent the centralized part of the network that works to decongest the chain.
WHAT MAKES LIQUIDITY NETWORK A GOOD EXCHANGE OPTION?
Both you and I find quite attractive a network that meets the speed of a bank transaction but adapted to cryptocurrencies, because that would expand the possibility of mass adoption that I believe is held back by the lack of confidence in transfer systems. With various solutions to this difficulty the liquidity network is noted for its architecture, simplicity and transparency.
Unlike other solutions put on the market in this network the control of funds is decentralized, has free registration outside the blockchain, has its own mobile app, easy routing and the most interesting allows transfer and exchange for any token. Another attraction is its easy trading, high volume of transactions per minute, resistance to blockchain congestion and granting control to users.
WHERE THE FUNDS ARE LOCATED AND HOW DO YOU ACCESS THEM?
If you have paid attention to all the information I have provided you have come to the conclusion that Liquidity Network combines the best of centralization and decentralization in one ecosystem and there is more! Thanks to this merger your funds are much safer and more secure. The centralized part of the network keeps the information, that is to say, your funds, inside an efficient server outside the blockchain working with an intelligent contract but whose access key is controlled by the user by means of the encryption it possesses, that is to say, by means of the private key, which would be the decentralization of the network.
Millions of users can be interconnected to a hub but each of them has the private key of their accounts, power is given to the user, production costs are reduced and the system becomes efficient and secure at the same time as the scalability of the network prospers.
CONCLUSION
Liquidity Network is a network based on Ethereum that even when its mechanism is based on the blockchain, transactions are made outside of it and with the help of servers under contract to create a transparent and secure network with the best of both poles (centralization and decentralization). Under the guidelines of various types of channels people can perform their operations and have complete confidence that the transaction will be successful because that is where intelligent contracts come into play to enforce the rules and otherwise disputes are open to solve any inconvenience that arises.
The advantages of Liquidity Network are varied, the rates almost null and the performance of the high exchanges, that these waiting!
THE TEAM
FOR MORE INFORMATION...
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
This post has been submitted for the @OriginalWorks Sponsored Writing Contest!
You can also follow @contestbot to be notified of future contests!
Congratulations @mundarainale! You received a personal award!
Click here to view your Board
Hello @mundarainale! This is a friendly reminder that you have 3000 Partiko Points unclaimed in your Partiko account!
Partiko is a fast and beautiful mobile app for Steem, and it’s the most popular Steem mobile app out there! Download Partiko using the link below and login using SteemConnect to claim your 3000 Partiko points! You can easily convert them into Steem token!
https://partiko.app/referral/partiko
Congratulations @mundarainale! You received a personal award!
You can view your badges on your Steem Board and compare to others on the Steem Ranking
Vote for @Steemitboard as a witness to get one more award and increased upvotes!