Liquidity.Network Review

Projects that Vitalik Buterin says he’s looking forward to seeing go live are not to be taken lightly. And these are not too many anyway. In fact, in the last few months, I count exactly one: Liquidity Network (https://liquidity.network/). He tweeted this only a few days after announcing progress on Sharding, Ethereum’s own solution to one of the main roadblocks to mass adoption: scalability. This is a clear indication of the promise that Liquidity Network holds in taking the process of decentralized payments quickly, and significantly forward.

The promise, by the way, is not too far away in the future either, as a fully functional working version is already deployed on the Ethereum testnet and the mainnet is only a few months away.

Both the Liquidity Network, and Liquidity Exchange provide solutions to everyday problems that I have firsthand experience of. The most recent example is the recent surge in airdrops and the resulting high transaction fees and network congestion. Two projects that I had been following recently decided to abandon the ICO and do an ICD (Initial Coin Distribution), thereby airdropping a lot of tokens to a lot of people. One of these decided to have the supporters pay the transaction fee themselves, but getting them to interact with the contract and explain that this isn’t a scam has been a nightmare for them. The other project has had to pay so much in transaction fees that they are now literally begging for donations from the supporters to cover the fees. Airdrops powered by Liquidity are cost effective and instant. Project teams can get in touch at [email protected] to try it out.

I have been waiting for a decent decentralized exchange to come out for the longest time. Like most people I know, I’m not happy with the fee structure, the frequent congestion and slow trading speed. Liquidity Exchange, with its instantaneous atomic off-chain swaps offers the solution to all of these.

Mainstream adoption for digital settlement systems are only a matter of time, and I have a feeling Liquidity Network will have a huge part to play. The founders Dr. Arthur Gervais (https://www.linkedin.com/in/arthurgervais/), and Rami Khalil (https://www.linkedin.com/in/rkhal/) are distinguished academics, and from the looks of what they’ve created, certified geniuses.

Give the whitepaper a read, and join them on Telegram (https://t.me/liquiditynetwork).