ZooBC Forum - ADVANCING BLOCKCHAIN TECHNOLOGY - by Blockchain Zoo

ZooBC communication material => ZooBC related videos => Liquid Transactions => Topic started by: Neve on July 16, 2020, 02:01:28 PM

Title: How Liquid Transactions In ZooBC Works
Post by: Neve on July 16, 2020, 02:01:28 PM

Blockchains are still too expensive to use for 'micro-transactions'; however there is a lot that can be done to handle frequent repeating payments efficiently. ZooBC introduces Liquid Transactions, which initiate a gradual transfer of funds from buyer to seller, where either party can terminate the ongoing payment at any time, and where the blockchain enforces the correct settlement.

For more information, please visit http://ow.ly/VmkO50AxtZF