Author Topic: How Liquid Transactions In ZooBC Works  (Read 49 times)

Offline Neve

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How Liquid Transactions In ZooBC Works
« 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.

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