Liquidity Network:The edge cutting payment and exchange platform.
blockchain·@whitestallion·
0.000 HBDLiquidity Network:The edge cutting payment and exchange platform.
<center></center> <div class="text-justify"> # <center>Overview</center> Its evident that bitcoin has ruled the world of digital assets since 2009,occupying the alpha position over the past decade.Bitcoin is built under the idea of creating a digital legal tender for payment where customers are custodians of their assets instead of a centralized authority.Cryptocurrencies has grown famously over the last few years,especially with its bull run during the end of 2017 and early 2018,however the the crypto world is not limited to challenges,for example:bitcoin has a very poor when it comes in scalabilty,with just 7 Tps (transactions per second)which is nothing when we talk about mass adoption,and the highly volatile asset price is unfit for the traditional service level agreements required by professional institutions and cannot accommodate micro transactions. The solutions to these problems lies under the threshold of [Liquidity Network](https://liquidity.network/) platform,the issue of scalablity and other hard pressing problems will be adjusted to the minimum or addressed entirely.While we discuss concerning [Liquidity Network](https://liquidity.network/) we are going to understand the following questions: * What is [Liquidity Network](https://liquidity.network/)? * What is [NOCUST](https://liquidity.network/NOCUST_Liquidity_Network_Paper.pdf)? * What is [REVIVE](https://eprint.iacr.org/2017/823.pdf)? * How is [Liquidity Network](https://liquidity.network/) ability to scale and support million of users make it better than current solutions? * How is [Liquidity Network](https://liquidity.network/)s ability to make efficient off-chain hubs solve the problem of high transaction costs? * What is the benefit of having control over your private key? * How will [Liquidity Network](https://liquidity.network/) bring about true decentralization and transparent transactions? <center></center> # <center>What is [Liquidity Network](https://liquidity.network/)</center> [Liquidity Network](https://liquidity.network/) is a non-custodian financial intermediary that offers payment services and exchange services.This platform is very scalable,transparent,fast supporting millions of users with a reduced transaction costs leading the the system a step further towards mass adoption.[Liquidity Network](https://liquidity.network/) is supported by these two systems Liquidity Hub NOCUST and REVIVE,these systems form the backbone under which [Liquidity Network](https://liquidity.network/) operates.[Liquidity Network](https://liquidity.network/) also has apps available both at the google play store for android and IOS for easy access. # <center>Principle of the off chain hub</center> [Liquidity Network](https://liquidity.network/) is built under the principle of a universal hub.A hub refers to a group of investors who can make payments to each other within this hub and exchange at a significantly lower price off-chain than regular on-chain transactions . <center>Off chain Hub payment channel</center> <center><center> The off chain principle is very convenient between users in the same hub,because they can all receive and send to million of users in the same hub at a lightning speed with almost zero transaction fee,while there is free movement of funds in the hub,security in the system is supper tight to avoid loss of funds of high volume investors and traders .However transactions can also be carried by traders out across different hubs,just like traditional payment system,at low trading fee,tight security and super fast trading speed. <center>Interconnected Hubs</center>  # Features [Liquidity Network](https://liquidity.network/) <center></center> [Liquidity exchange](https://liquidity.network/) is an off chain non-custodian exchange services that operates on the[Liquidity Network](https://liquidity.network/).The exchange is fully non-custodian and not responsible for an loss of funds cause of it does not hold any fund while performing a transaction on the exchange ,with exceptional scalability between exchanges and wallets. # <center>Payment And Exchange Features of [Liquidity Network](https://liquidity.network/)</center> Some of the features of payment and exchange includes the following: * # Payment Features 1.The [Liquidity Network](https://liquidity.network/) allows for users of the same to transfer funds with no transaction fee. 2.[Liquidity Network](https://liquidity.network/) offers instant off chain channel establishment without any crypto needed. 3.[Liquidity Network](https://liquidity.network/) operates with simple routing designs. * # Exchange Features 1. [Liquidity exchange](https://liquidity.network/) performs instant transactions without holding traders funds. 2.[Liquidity exchange](https://liquidity.network/) has the ability to still perform on a professional level under blockchain congestion. 3.off-chain transaction in [Liquidity exchange](https://liquidity.network/) are very fast just like traditional exchange services. # <center>Decentralization of the [Liquidity network](https://liquidity.network/)</center> The [Liquidity network](https://liquidity.network/) is decentralized having o central authority.Traders are there own custodians,taking full responsibility of there funds.The networks decentralized nature makes it security proof,with users the guardians of their funds with their unique private keys its impossible for the hub or exchange to steal or lose their funds,neither is the hub a bank that you keep your assets. [Liquidity network](https://liquidity.network/) has millions of different hubs which are interconnected into a single payment channel if users wish to transact across hubs.This creates redundancy in the system just like lightning peers. The network has made sure that users are protected from any inconveniences that they may face during payment.for instance if a hub denies payment to a user in the hub,he could easily leave the current hub and join another hub where his payment will accepted and payed. <center></center> # <center>[NOCUST](https://liquidity.network/NOCUST_Liquidity_Network_Paper.pdf)</center> [NOCUST](https://liquidity.network/NOCUST_Liquidity_Network_Paper.pdf) which stands for non custodian,this feature allows the network to operate in a trust less manner permitting users to hold their private keys while the transaction process is carried out .This feature makes the network a truly unique one and a secure network.with no one knowing your private keys its impossible to hijack users funds from their account or while the transaction is carried out. <center></center> # <center>[REVIVE](https://eprint.iacr.org/2017/823.pdf)</center> [REVIVE](https://eprint.iacr.org/2017/823.pdf) is an algorithm based program responsible for the accurate re balancing of users balance after a transaction off chain.  <center></center> # <center>Comparison between [Liquidity Network](https://liquidity.network/) and other exchanges</center> [Liquidity Network](https://liquidity.network/) has made a challenging impact in the crypto exchange world and payment systems.soon to take over the market both traditional and digital here are a few diagram that explains the comparison between [Liquidity Network](https://liquidity.network/) and other exchanges. # <center>Comparison between [Liquidity Network](https://liquidity.network/) and off chain solutions</center>  # <center>Comparison between [Liquidity Network](https://liquidity.network/) and other exchanges</center>  # <center>Comparison between [Liquidity Network](https://liquidity.network/) and payment system</center>  <center></center> # <center>Airdrop</center> </div> <center></center> # <center>The Team</center>  <center></center> # <center>Introductory Video</center> https://youtu.be/emZTtmiR-AY <center></center> https://youtu.be/pYXP-X-6yxI <center></center> # <center>More Information Below</center> <center>[Liquidity Network Website](https://liquidity.network/) [Liquidity Network Wallet](https://billfold.liquidity.network/) [Liquidity Network Whitepaper](https://liquidity.network/whitepaper_Liquidity_Network.pdf) [Liquidity Network NOCUST paper](https://liquidity.network/NOCUST_Liquidity_Network_Paper.pdf) [Liquidity Network REVIVE paper](https://eprint.iacr.org/2017/823.pdf) [Liquidity Network Apple App Store (IOS)](https://itunes.apple.com/ch/app/liquidity-network-wallet/id1395924630) [Liquidity Network Google Play Store App(Android)](https://play.google.com/store/apps/details?id=com.liquiditynetwork.wallet&pcampaignid=MKT-Other-global-all-co-prtnr-py-PartBadge-Mar2515-1) [Liquidity Network Telegram Group](https://t.me/liquiditynetwork) [Liquidity Network Telegram Announcement](https://t.me/liquiditynetworkmegaphone) [Liquidity Network Twitter](https://twitter.com/liquiditynet) [Liquidity Network GIthub](https://github.com/liquidity-network) [Liquidity Network Blog](https://blog.liquidity.network/)</center> <center></center> # This contest was hosted by @originalworks,here is a link to the [contest](https://steemit.com/crypto/@originalworks/2500-steem-sponsored-writing-contest-liquidity-network) # <center>LQD2019</center>