415 Articles 61 Followers
$0.090096
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.
25 Nov 2020 1 minute read 0 comments _-_
Here is how to fix a possible bug in the new Loopring Wallet released yesterday. . . *some* users are sending their ETH to the contract, and it is being deposited (can be seen on etherscan) but doesn't show up in the UI of the Wallet. So you send yo...
24 Nov 2020 3 minute read 1 comment _-_
The Loopring.io Android wallet is live! get in early and you can earn up to 8x rewards from Nov 27- Dec26th. You get 2x rewards for creating a wallet before Nov 27thYou also get 2x Rewards for HOLDing on their L2 tierUpdating to the new version to be...
24 Nov 2020 1 minute read 5 comments Beren
Publish0x has just added the Ampleforth $AMPL as a tipping token for Publish0xer. The LRC will be replaced with AMPL by Tuesday, December 15th. There are 2 options available for your current LRC. First option : if you would like to receive the LRC to...
20 Nov 2020 5 minute read 0 comments qsyal
Hey publish0x community,For the recent few days, I've been delving into one of the most interesting crypto projects I know, which is Loopring.I believe it is a project that deserves to be a subject of an in-depth review which I'm going to make right...
![Everything you should know about Loopring project [Part1]](https://cdn.publish0x.com/prod/fs/cachedimages/3944599368-aa01fe13ded931daef567f5a3eb952b79395831d04b382867b0add34b8e9c637.png)
13 Nov 2020 4 minute read 7 comments DrBreakThru
On December 4, 2019, Loopring (LRC) – a zkRollup-powered decentralized exchange and payment protocol – deployed its Loopring 3.0 protocol on Ethereum mainnet. Shortly after, WeDEX and Loopring Exchange became the first live zkRollup DEX protocols’ on...
3 Nov 2020 3 minute read 1 comment Poorboycrypto
So I realize I am a little late to the party as there has been several posts about this. However I have not seen any in a while and I have always intended to do a video and a post about this. Soooo for those are familiar with staking Loopring feel fr...
30 Oct 2020 5 minute read 21 comments MoreGainStrategies
Hello good people of Publish0x, I write this post to remind you that the monthly payday is coming up very soon. On November, 2nd all requested payouts are processed. In this article I discuss when to request the payout(s) and I give you instructions...
20 Oct 2020 1 minute read 0 comments XTRM™
For crying out loud when one gets his knickers in a twist about stupid things... He really does wonder what goes on inside his head sometimes - chiefly myself - But has anyone noticed that Loopring at PublishOx has took a nosedive in the old 'Publish...
20 Oct 2020 5 minute read 39 comments Thomas Wolf
Last updated: 10-25-2020 @ 3:30 AM CTZ Everyone has been wondering when ETH gas prices would fall – that day has come, but will the prices remain low for the implementation of Ethereum 2.0?“Come what may, all bad fortune is to be conquered by endura...
20 Oct 2020 2 minute read 0 comments The Very Confused Martin Babalor
Good news for you lucky people that made thousand $ in Loopring here on Publish0x ;) Despite struggling lately on the market, with the price slowly decreasing, the DeFi project is healthy and developing good partnership in the crypto world. Eidoo Car...
