Liqnet - The Unique Liquidity Pooling Technology
Hi dears, another interesting project is being started. First of all, for who missed previous entry, what's a cryptocurrency? To be fast and concise, it is a digital medium of exchange. And the next question would be... What's your use? It is also easy to guarantee the security, integrity and balance of your financial statements by means of a network of agents (segmented file transfer or multisource file transfer) that verify (untrust) each other called miners, which are, for the most part, general public and actively protect the network (the web) by maintaining a high rate of algorithm processing, in order to have the opportunity to receive a small tip, which is distributed randomly.
All this racket of cryptomoney has been increasing exponentially, however, most people know nothing about how blockchain technology works, what a smart contract is and how it could be used. For this very reason, I will first of all carefully introduce this type of block chain technology.
Blockchain is a decentralized general ledger. It is a computer network that has an identical copy of the database and changes its status (records) to a common agreement based on pure mathematics. All this means that there is no need for any central server or any entity we trust (e.g. central bank, notaries, banks, paypal, etc.). The blockchain is the technological basis for all cryptomontages, whether Bitcoin, Ethereum, Hyperledger, etc.
An important part of the blockchain is the smart contracts, a piece of code that is stored in the blockchain network (in each participant's database). It basically defines the conditions to which all parties using the contract agree. Therefore, if the required conditions are met, certain actions are executed. Because the smart contract is stored on all computers on the network, everyone must run it and get the same result. This way users can be sure that the result is correct.
After this brief introduction to the broad topic of Blockchain and Smart Contracts, we can already see that this technology opens many doors to new decentralized businesses and eliminates the need for expensive third parties. Many new companies are now working on this technology, and large companies are testing it in closed networks to collaborate directly with each other without the need for intermediaries. For that reason, there is a lot of projects that are starting to use this new technology. However, not all of them are worth it. We have to read well what each project is dedicated to, what is its whitepaper, its qualified advisors, etc. As I said, blockchain technology has gained popularity due to the hype about cryptocurrencies which has shaken many startups to launch their own cryptocurrencies even without convincing fundamentals. This trend has emerged because new entrants have been more agile in adopting emerging technologies compared to incumbents who are hampered by legacy systems. However, this competitiveness and this advantage enjoyed by the new players may be short-lived, as no economies of scale are taken into account.
For this reason, the project I am going to present you is Liqnet, a crypto exchange that adds liquidity from different platforms resolving the problem of the division of users and their trading orders through the formation of a unified order book with the best depth of market and prices.
As I said before, Liqnet (LEN) (https://liqnet.io/) is a cryptocurrency exchange with the unique liquidity pooling technology based on LEN, which is a mechanism that allows you to collect and add through the API data on requests to buy / sell a variety of crypto exchanges located anywhere in the world and form a single order book. Thanks to this, LEN creates an improved model that provides additional liquidity at the meeting point between supply and demand, where users work with a single order book, in which both the orders of the customers of this stock exchange are presented. Goals By connecting a platform API to automated trading systems, called trading robots, Liqnet aims to help large platforms increase their liquidity and trading volumes in the market. The main objective is for these platforms to see LEN as an automated trading system, which means that numerous trading operations increase liquidity and paysafee for each transaction that generates benefits for them.
- Allows to join liquidity from different platforms
- Solves the problem of the dispersion of users, their requests for operations and orders
- Forms a unified order book with greater depth of market and better prices for individuals and legal entities from different jurisdictions
- With LEN tech, Liqnet allows you to collect and combine the orders of the customers of your stock exchange and the orders of third party platforms in a single package of orders and make them available to all LIQNET clients for negotiation
- Offers fully functional mobile operations applications for Android and iOS
- It offers an online wallet project that offers the possibility of exchanging cryptocurrencies and fiduciary money at the touch of a button.
- It provides the easy investment service in cryptocurrency with integrated free and paid strategies.
- Provides sellers with many capabilities and protects against many risks
The project gives the opportunity to earn Liqnet (LEN) tokens performing some social media tasks and doing simple steps from the bounty program explained into Bountyhunters platform. Here (https://bountyhunters.io) you can access to the link in order to see what are the conditions to become an early LEN contributor and start acquiring tokens.
Doesn't that sound interesting? If you are interested in this airdrop or basically in the ICO, you can read their Whitepaper here (https://liqnet.io/static/docs/Liqnet_WhitePaper_en.pdf). You can also stay tuned in their official Telegram group (https://t.me/liqnet_official). I hope you liked the post and soon I'll send you new ones.
Token: LEN Platform: ETH Type: ERC-20 ICO price: 1 LEN= 1 USD Tokens for sale: 59,640,787
Email: [email protected]
Telegram username: @clauming
Bitcointalk username: adriaparcerisas
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1870482
Ethereum address: 0xC6AB45541006D53D31E25b41c7d245c5Ad99BF71