Liquidity.Network ICO and Token Sale Review
The Liquidity.Network is a platform where the users can use the micropayment system securely because it is backed by blockchain technology. The Ethereum and Bitcoin blockchain has a huge potential, but they lack in one thing and that is the number of transactions per second. The mainstream payment system can easily process thousands of transactions every second, whereas the blockchain technology only supports ten transactions each second.
If the off-chain system can be introduced then the same platform has the potential to make more than ten transactions. But, the problem with the off-chain channels is that they have certain limitations like substantial deposits are required in rigid allocation, payment balancing and complicated routing structures, and many more like these.
Liquidity.Network is one of its kind practical, scalable, and secure off-chain payment focal point for the decentralized blockchain. Now, the users of this platform can easily make transactions without worrying about rigid funds being locked up.
The design of this platform is simple and void of any kind of complex routing. Generally, the off-chain system requires rigid funds to be locked up, but Liquidity.Network operates differently. The allocated funds can be used by the users to pay different members of the same platform. The fee structure is flexible where either the recipient or the sender can pay the fees. When the platform is backed by blockchain technology, it is bound to be secure.
Liquidity.Network does have transaction costs, but that is negligible. Micro-payment, as well as Small Value Transfer (SVT), enabled platform ensures that the payment is instant without any waiting time. The users can send the payment instantly through crypto. Moreover, there is no requirement of the bank at any point in time. The platform is Ethereum built and is highly congruent with existing solutions like Raiden and Lightning.
Advantages of Liquidity.Network
Other platforms or the traditional financial services charge high fees but the transaction is still delayed significantly, thus deteriorating the usability of the platform significantly. But, on the other hand, Liquidity.Network doesn’t delay the payment and is significantly fast in completing the transactions. The number of users is making their presence felt on this platform to avail instant transactions.
The Liquidity.Network is immune to congestion of the blockchain and the high transaction fees of the blockchain. Some of the experienced people have got together to create something that will change the way transactions are carried out.
- Start Date2018-06-14
- End Date2018-07-28
- Payment MethodETH
- Total Supply100000000