Liquidity.Network, a new solution to respond to the problem of scalability present in the Ethereum network, was officially announced yesterday informing that it is in the development phase.
This new protocol joins the Raiden Network as another initiative that seeks to generate alternative channels to the Ethereum network for the realization of asset transfers through the use of payment channels, decongesting the Blockchain of the digital currency due to the large number of operations that are processed at this time.
Liquidity.Network would operate in a very similar way to the Lightning Network in the Bitcoin network, since Ethereum users will be able to carry out transactions with total freedom without having to pay commissions to mobilize funds in the Blockchain, so that only an investment is made to open or close a payment channel.
This is very good news for users of the digital currency, because although Raiden is a protocol that has more working time, and in theory has a much more developed concept, it has not yet been tested by users and their launch does not seem to be very close. The fact that another team is working to solve the problems of scalability in the midst of the difficulties that has been facing the Ethereum network for months is something that many people in the ecosystem see with very good eyes although this may lead to a competition among developers.
