![Liquidity Network Ethereum [ETH]](https://cryptocurrencynews.com/wp-content/uploads/sites/3/2018/05/Liquidity-Network-Edited-678x381.jpg "Liquidity Network - Edited")
Liquidity Network and Ethereum [ETH] – Scalability has been a prolonged issue surrounding Ethereum [ETH] for almost a year. Back in November at the Devcon3 conference in Cancun, it was the primary topic of discussion, but the weekend ended with no clear solution. There have been various projects to emerge that have the potential to solve the issue, but none have succeeded – yet.
Vitalik Buterin, Ethereum’s co-founder has some serious clout when it comes to the blockchain space and just recently, he endorsed a new project that offers instant off-chain microtransactions.
Looking forward to seeing this go live! https://t.co/gRRSSjyFPZ[1]
— Vitalik “Not giving away ETH” Buterin (@VitalikButerin) May 3, 2018[2]
First and second generational blockchain, such as Bitcoin (BTC) and Ethereum (ETH), only have the capacity to process ten’s of transactions per second. Other mainstream payment process systems, such as Mastercard or Visa, have the capacity to process thousands of transactions a second. Another issue plaguing the space is the transaction fees that are attached to every payment made on the system. High transaction fees, due to a massive amount of transactions flooding the system, make micropayments in cryptocurrency unworkable.
>> Ethereum [ETH] Named Top Blockchain by China[3]
In Steps in Liquidity Network
Arthur Gervais, co-founder of Liquidity Network, told CryptoCurrencyNews:
“Liquidity.Network solves three of the biggest technical deficiencies of Lightning/Raiden. The first being that Liquidity.Network is completely free for regular users, second, Liquidity.Network has easy routing at the core of its technical design, and finally users will no longer have to have rigid locked up collateral that cannot be used with other participants.”
When speaking to both the founders in an exclusive interview, they expressed the importance of
