414 Articles 61 Followers
$0.014896
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.
2 Sep 2020 1 minute read 3 comments Abhimanyu Krishnan
Decentralized exchange protocol Loopring (LRC) has published a monthly update on September 1, detailing development progress, including support for Automatic Market Makers in version 3.6. The update will bring several new features, including orderbo...
1 Sep 2020 1 minute read 13 comments MoreGainStrategies
You've probably seen the banner on top of the website And maybe you are new to Publish0x -- like me. Maybe you have invested quite a lot of time into reading or even writing articles. And possibly you have just requested your first payout. And right...
31 Aug 2020 1 minute read 2 comments mummyrio
Thousands cryptocurrencies exist today. Hundreds of exchangers are now created. However, there are many exchangers that have low volume trading. There are not enough demand from cryptotrading on low volume transaction. Big exchangers still earn profi...
30 Aug 2020 2 minute read 5 comments MadMaxx
Before we get started, please join my telegram group here for all my altcoin trades. I take both short and long term trades, and I share them all in here. Hello and welcome to another article. Payday is tomorrow on Publish0x, and that means you're...
30 Aug 2020 5 minute read 6 comments MoreGainStrategies
Hello good people of Publish0x, today I decided to "celebrate" my 30-day-"anniversary" as an author on Publish0x. And what better way to "celebrate" than to request a withdrawal of the hard-earned crypto. 😄 Don't get me wrong, I know Publish0x is ab...
29 Aug 2020 1 minute read 0 comments eliaskh
On a weekly timeframe, LRC is in a consolidation phase after breaking the solid weekly resistance at around 0.109$. The break of this weekly resistance has been accompanied by a very big bullish volume, the biggest weekly volume ever on LRC. Howeve...
29 Aug 2020 1 minute read 4 comments alberdioni8406
There are outside here Publisher platform that pays in crypto and claim that are the best in the crypto space, many of this "acclaimed" best blogging platform aren't what they suppose to be. They offer some gems to grab but none compares to Publish0x...
24 Aug 2020 7 minute read 7 comments D3F1
1. Uniswap Automated Market Maker powered only by smart contracts on Ethereum Allows users to swap between ERC-20 tokens in a decentralized manner quickly. Liquidity is provided by users who deposit funds in different pools at a 50/50 ratio When a...
24 Aug 2020 1 minute read 1 comment alberdioni8406
For a content creator is always good when writing about products that are game changer in the crypto industry also projects that have potential in many fields on the internet or on daily basics in life. Publish0x is a platform that is chan...
23 Aug 2020 1 minute read 15 comments LRC Moderator
Loopring protocol has its much anticipated v3.6 upgrade coming in Q4 2020. This version is robust and feature-full enough that we envision it can actually allow Layer 2 to make a dent in the current Ethereum congestion, and support many millions of...
