Read Loopring (LRC) News, Price Prediction, Opinion and Analyses Created By Users

Loopring (LRC)

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Loopring (LRC), which conducted its ICO in August 2017,  is a token whose purpose is to support the Loopring decentralized exchange protocol. With the tagline “the new crypto trading standard”, Loopring is attempting to do what all decentralized exchanges are focused on: giving users total control of their assets, with an additional focus on improving liquidity and tremendously lowering fees. 

Decentralized exchanges (DEX) are a major trend in the market currently, with multiple exchanges either researching or launching decentralized versions of their respective exchanges. With the number of hacks that have occurred since the bull run of 2017, several projects have expedited their research into decentralized exchanges.

The true distinction of Loopring’s protocol, however, is that anyone can build a DEX using its open source protocol. Such a development, where DEXs are built on the Loopring protocol, would mean a shared network that greatly increases liquidity. The protocol is also blockchain agnostic, which means it can be deployed on any blockchain so long as it possesses smart contract capability.

The Loopring team has stated that their two major focuses of 2019 will be innovation and focus, with the former implying advancements in the blockchain tech, such as new research that may optimize the Loopring protocol. Focus refers to the development and improvement of current goals, features and strategic projects.

Currently, the team is working on version 3 of Loopring, which would bring about such changes as orders being matched off-chain but settled on-chain. Additionally, they are exploring new trading models and deploying Loopring 2.0 to the Loopring Chain, an application specific sidechain used exclusively for Loopring protocol orders.

Loopring also has two tokens on other chains; the first one being LRC (Ethereum), but also LRN (NEO), and LRQ (Qtum). You can enable trades on each of them without the need to lock down your cryptocurrency balances.

In this tag, read Loopring (LRC) news, price predictions, opinions and analyses created by users.

ETH 2.0 may kill LRC.

26 Sep 2020 1 minute read 1 comment MadMaxx

Hello and welcome to another article! I was thinking earlier today about what ETH 2.0 will fix for the network. Having found out a few issues that ETH 2.0 has planned on fixing, it occured to me that most of those features are already on LRC. But con...

Market Analysis (9/25/20)

25 Sep 2020 7 minute read 13 comments mduchow

How’s it going my friends, it’s been awhile. I figured I’d stop by and provide my thoughts on the market - message to my followers below. After all, I do provide the most honest and realistic analysis available on the market. For anyone who has follo...

The distribution of crypto on publisher 0x

21 Sep 2020 1 minute read 7 comments Diabeeton

Hey guys hope we are all well. Today I wont be telling you anything about crypto more asking a question for the distribution of crypto on publisher. I have been using this website not too long. But enough to see a difference in earnings when it comes...

Coinbase Add Loopring - Great News for Publish0x Users

20 Sep 2020 1 minute read 7 comments rah

Over the last few weeks Coinbase have added to their portfolio of carried currencies. Added currencies have included: Then at some point in the last few days, the following appeared: This has completed the Coinbase loop with all three tipping curre...

Loopring is tradeable on Coinbase!

19 Sep 2020 1 minute read 0 comments Iuliu

So I just checked my Coinbase account and guess what! Loopring LRC is now available for trading on there! That's good news for me at least, as Coinbase is my most used exchange and I have lots of LRC in my wallet waiting to be transferred to the exch...

DeFi Craziness - is this a balloon ready to pop?

18 Sep 2020 2 minute read 0 comments Kamend1

I was slow to move when the whole DeFi craziness started and I sadly would like to report that I almost 100% missed on this. I already see a huge balloon and I am wondering when it will be ready to pop. I was preoccupied with the Bitcoin's mining has...

Coinbase Lists (YFI) and Loopring (LRC)

18 Sep 2020 1 minute read 3 comments Abhi K

Coinbase has listed DeFi governance token YFI and Loopring (LRC), according to an announcement made on September 17. The YFI and LRC tokens will be available on Coinbase’s retail platform, including the Android and iOS apps Tokens will be available...

Publish0x: the best crypto blogging platform

18 Sep 2020 2 minute read 3 comments RFereru

In my interest to write about what I like or about what I am learning about the world of Blockchain and Cryptocurrencies, I began to use Medium as a basis for my publications. But a few days ago I discovered Publish0x. Publish0x is a platform where...

Loopring on Coinbase

17 Sep 2020 1 minute read 0 comments Lucasgaio

It's official, the famous Exchange Coinbase has listed Loopring (LRC) and YFI. Starting today, traders and Publish0x users like us can buy or sell LRC. How many like me have accumulated and hodl Loopring, coming to have a modest amount? We have seen...

5 Most Important DeFi Breakthroughs of Q3 2020

17 Sep 2020 8 minute read 9 comments yourmitchy

DeFi continues to grow at an unprecedented pace, and its very difficult to keep up with the crucial breakthroughs occurring. As a result, I wanted to weed out the most important breakthroughs that we have witnessed in Q3 that are bound to take the en...