Liquidity Network (LQD)

Liquidity Network, or LQD, is a cryptocurrency that utilizes NOCUST commit-chains as its underlying technology. These commit-chains are a layer 2 solution designed to scale blockchains, particularly Ethereum. Unlike side-chains, commit-chains do not require an additional consensus mechanism and instead rely on the security of the parent chain. Liquidity Network’s commit-chain is operated by a non-custodial hub, and clients can communicate with the hub to perform various actions.

One of the key features of Liquidity Network is its JavaScript client library for NOCUST, which allows developers to interact with the commit-chain. This client library lets users deposit Ether or ERC-20 tokens into the commit-chain, withdraw them back to Ethereum, make payments from one address to another, and even perform atomic swaps. Transactions on the NOCUST commit-chain are cost-efficient and instantaneous, opening up a wide range of new use-cases.

To start with Liquidity Network, users can install the NOCUST JavaScript API and the necessary dependencies. The network has several deployed instances on the Ethereum Mainnet and the Rinkeby Testnet. The Liquidity Network team provides detailed documentation and examples to help developers integrate their applications with NOCUST commit-chains, making it easier to utilize the scalability and cost benefits offered by Liquidity Network.