Liquidity Network: Satisfactory innovation for the user

in #crypto6 years ago

Liquidity Network_ Satisfactory innovation for the user.jpg

Keep in mind that liquidity is a very important factor for the user of the network, every business, large or small company takes into account if in times that require it has the necessary liquidity, that is why liquidity is of great importance and With the support a network where they guarantee you: security, out of chain without custodian, you can access it in mobile applications for Android and iOS. Its entire platform is designed to support millions of users, satisfying the needs of large and small entrepreneurs in the network. Liquidity Networ.

Liquidity Network, is built to support millions of users, is a simple, private, scalable network and has the security of the Ethereum block chain.

It is based on two key components:
The NO-CUST liquidity center
The Revive

Liquidity Network Nocust Hub:
Perform transactions without custodian, out of the chain avoiding costs, only the number of transactions depend on the latency of the internet and the width of the band.
Revive:
It is an integral part of the liquidity network, it is an algorithm that allows the different hubs to rebalance their payment channels out of the chain.



Network: WhitePaper, Page 12

The rebalancing is done through transactions outside the chain, not increasing the congestion of the given chain and, therefore, it is scalable and low cost.

Off-Chain Transaction Settlements

Off-chain transactions can be separated into two main categories. The 2-party transactions are between 2 users, while N-party transactions are between more than 2 users:

  1. 2 party channel
  2. N-party payment hubs

The following are different types of 2-party channels:



• Unidirectional: A unidirectional channel is between two parties; one of which collateral deposits of some sort (e.g. ether). The deposit is a security that encapsulates the maximum amount that will travel through the off-chain channel. Funds can only travel in one direction in a unilateral channel.
• Bi-directional: A bidirectional channel is one between two parties that both deposit collateral. This channel allows funds to be sent in both directions. The risk with bidirectional off-chain transactions is that an illicit node on that channel (one of the two parties) can invalidate the previous transaction and steal fund from other party.
• Linked payments: Linked payment channels are used in the case where two peers are not directly connected. Every member deposits some collateral in this network. With linked payments topography, the following considerations are taken into account: route finding, channel maintenance, transaction security, and congestion balancing.
• 2-party payment Hubs: A 2-party payment hub is an extension of the above types, which includes more than just two people participating in a direct transfer of funds.

With the previous design described, Liquidy Network, offers the user the rebalancing of transactions out of the chain, not increasing congestion which results in avoiding high costs, and allowing it to be scalable.

N-Party Payment Hubs:

The payment centers of part N eliminate much of the computational work required by the two-party centers with respect to the rebalancing of guarantees. This makes transfers cheaper, faster and allows more users to participate in the centers. Liquidity Network Hub offers free registration of offchain channels. Compared to two-part payment channels that require a complicated routing topology, Liquidity Network Hub offers simple routing.

Decentralization of the Nocust Hub liquidity network



Decentralization offers security to the user, managing their funds through their private key, freedom to choose according to their needs, the Liquidity Network provides through this management: low configuration costs, low maintenance costs and work, in case out little taking into account the blockchain congestion, liquidity can handle millions of users per Hub.

Liquidity's surprisingly simple solution is to have an out-of-chain server that works together with an intelligent contract. Anyone can run their own central server, and all funds from the accounts on these servers are under the control of users with private keys for those accounts.

You can learn more about the Liquidity architecture in depth from your Stanford BPASE talk:

Liquidity and interface network applications:



The Liquidity Network is being developed for mobile and desktop devices. The portfolio of the liquidity network is shown below.

Desk.



Mobile.



The Liquidity network portfolio is available for the two most common operating systems on mobile devices: IOS and Androi

Liquidity Network Wallet Mobile

Liquidity network Wallet - IOS

Liquidity network Wallet - Android

Liquidity network Exchange VS Competition



Liquidity Network.
Being able to be broad, resolving, combining the best parts in both centralized and decentralized exchanges is what characterizes this management, placing it as attractive and effective, covering the needs of both worlds.



Case of use:



Interesting and attractive management that Liquidity Network presents us, decreasing the innumerable protocol steps at the moment in which it is required to obtain liquidity of the assets, for the users that frequently use the network as means of work this proposal is extremely important, we all know that it is common to have and maintain a timely liquidity. Without liquidity, it is impossible to move forward in our businesses, which is why it is important to have good management, which brings success and progress by obtaining and fulfilling our objectives.

Liquidity Network, is a non-custodian financial intermediary, offers payment services and exchanges, you can download your applications in Android and iOS mobile, allows the support of millions of users safely reducing costs per transaction, two innovations Academics: the Liquidity Hub NOCUST and REVIVE. Many elements that predict successful management, which will guarantee the user of the network, progress at the business and personal level

I offer to watch this video to give idea of the management:




This script was made by @sifontes for the @originalworks contest sponsored by Liquidity Network

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