Ahhh, it has a pool!
Good idea, the pool probably orphans all blocks attempted by solo miners so basically it is a coin with an issuer.
The problem with that of course is coins with issuers work mostly by people's confidence that the issuers will actually "back" them ("honour" them) since they are basically IOUs issued by the issuer.
I wonder how much "reserves" of other currencies the issuer of liquidcoin has with which to "back" liquidcoins?
Is there a limit to the number of liquidcoins that will ultimately be issued?
I ask because with DeVCoin and GRouPcoin you cannot simply add up their "reserves" and divide by 21 million to find the value represented by each coin like you can for bitcoin-like (21 million ever, or at least some fixed maximum number ever) coins...
(Of course with many chains you also cannot easily add up their "reserves" because their issuer(s) have no intention of "honouring" aka "backing" them thus don't bother even having "reserves" to do so with let alone providing information as to exactly how many of what their "reserves" consist of.)
(Look at http://galaxies.mygamesonline.org/digitalisassets.html
... Coins like GRouPcoin, DeVCoin, IXCoin, I0Coin etc that have no "reserves" or whose ratio of "reserves" to number of coins issued is not known / cannot be calculated are worth trivial amounts compared to coins whose issuers actually "honour" them...)