Blockchain technology is on the way to mass adoption. Innovation in sectors such as DeFi, GameFi, NFT are attracting millions of enthusiasts and users in the industry. The concept of blockchain was introduced by Satoshi Nakamoto back in 2008 and afterwards improved by genius minds like Vitalik Buterin. Vitalik introduced smart contracts which let developers build Decentralized Apps (DApps) on top of blockchain. This innovation changed the blockchain industry forever.
Liquidchain is a layer-1 blockchain powered by Proof of Authority (PoA) consensus mechanism compatible to Ethereum Virtual Machine (EVM). It is specially designed for liquidity providers and DeFi users. Unlike Ethereum, Liquidchain is secured by a group of trusted validators who utilizes PoA algorithm which is more efficient than Ethereum’s Proof of Work (PoW). Validators generate blocks and earn from the txn fees. Liquidchain is scalable, extremely cheaper and faster L1 blockchain.