Loopring

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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 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.

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


Loopring Bi-Weekly Update — 08/18/2019

5 days ago 2 minute read Loopring $1.30 tipped

Loopring v3 beta3 has been deployed on Ethereum mainnet. We have made another 15% TPS improvements from the last update and we expect the throughput without data availability to break 10,000 TPS after Istanbul fork. The v3 smart contract & ZKP circui...

Top 5 Potential Moonshots

1 week ago 6 minute read paulOf91 $5.52 tipped

With altcoins struggling it is safe to say that Bitcoin is the only space-bound project that is on a bull run at this moment in time. However, we must never forget that the altcoin industry is still far from defeated as the development teams behind m...

Loopring's Developer Activity Reached 2019 ATH's - A Positive Sign That Most Investors Miss

1 week ago 1 minute read CryptoChartWizard91 $4.50 tipped

I’ve been exploring some new tools to help with my analysis and I stumbled across the metrics provided by Santiment which are pretty interesting! Although I’m a technical heavy-based type of trader, I do love to look for other metrics to help reinfor...

Loopring Bi-Weekly Update — 08/04/2019

2 weeks ago 2 minute read Loopring $1.38 tipped

We have completed all planned features in the Loopring v3 beta3 release, including a much-simplified fee model to reduce the constraints in the settlement circuit, and an address whitelist mechanism to support customizable whitelisting logics. As a r...

You Might Want to Get To Know These 3 Lesser-Known Crypto Projects Before they Get Loud

19 Jul 2019 3 minute read yourmitchy $2.36 tipped

With many analysts predicting AltSeason around the corner it is time to start to load up on some of these lesser-known projects! In this article, I have 3 great prospects for you to keep your eye on before it gets too busy! Lisk Lisk is an open-sou...

Loopring Has a New CTO - Who Is this Guy and Is He Able To Deliver?

9 Jul 2019 1 minute read Li_KungFu $1.62 tipped

When your project hires a guy who managed to get accepted into a top 100 ranked worldwide university at the age of 15 - there is a slight cause for excitement. Well, that is exactly what Loopring has done in hiring Steven Guo into their team to act a...

Loopring Bi-Weekly Update — 07/07/2019

8 Jul 2019 2 minute read Loopring $1.58 tipped

Last week we released the second beta of Loopring 3.0 — beta2. This version has been repeatedly tested and is very stable. In the coming week, we will release a bug bounty for this. Research & Development Loopring Protocol v3 We finalized the 2nd bet...

Why I Bought Into BAT and Loopring This Year #showmyportfolio

7 Jul 2019 1 minute read CryptoChartWizard91 $1.58 tipped

Alright, so the market looks good right? :D Besides getting deeper into BTC, I’ve also purchased a handful of altcoins here and there because I know that there are some real gains to be had there in this kind of market atmosphere. Publish0x is runnin...

4 Cryptocurrencies I Recently Bought #showmyportfolio

7 Jul 2019 2 minute read Da_Sound $0.08 tipped

The #showyourportfolio contest is going on and I thought I'd show off mine in the hopes of winning something! My investment approach is basically getting my fingers in different pies and as you'll see, my portfolio reflects that.  So with the market...

Top 5 Ethereum Tokens To Watch for Huge Gains In 2020

3 Jul 2019 5 minute read kevW!ls0n $2.40 tipped

It’s cool to HODL with Bitcoin and be assured that you will make money in the future, but if you want to make quicker shorter term and medium term gains, then altcoins are the way to go.  And there’s definitely no shortage of altcoins in the market t...

Loopring (LRC) Price Prediction for July 2019

2 Jul 2019 1 minute read CryptoChartWizard91 $1.89 tipped

Loopring has been pretty static over the past couple of months as the cryptocurrency ranges between $0.078 and $0.053 - not being able to make any movement above or below either direction. Despite the recent overall stagnation, the cryptocurrency sti...

2 Crypto Projects That Can Moon Just Like Chainlink

2 Jul 2019 2 minute read Chenhuang_defi $4.13 tipped

The Chainlink (LINK) project is doing phenomenally and so many people are talking about it. It’s at $3.34 right now and I think it has more than tripled in value from a few months ago. That’s not unheard of but this has really happened out of nowhere...

People Start Talking About Loopring $LRC!

28 Jun 2019 2 minute read Ravir3z $2.38 tipped

Not too many people know about Loopring (LRC), a small cap altcoin that is sitting at a very attractive price for the potential it has to offer. Loopring is creating a new crypto trading standard that gives users full control over their tokens. I kno...