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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.
18 Apr 2020 2 minute read 1 comment kriptomann
Dear all, Here I will post shortly about Loopring and you can read more on my previous post. Then I will explain why there is a word "Warning" in the title. My whole post will be a mix of multiple posts and current LRC price on market. Click here to...
![Loopring Staking [A Warning]](https://cdn.publish0x.com/prod/fs/cachedimages/1830583310-1711c55fd1777cf131185d9288ef9960eb5ac64da3792855933d23e4aaf5fea4.jpeg)
17 Apr 2020 1 minute read 0 comments PrisonedBus9641
Loopring is a protocol that allows a decentralized exchange of Erc-20 tokens on the Ethereum blockchain. Loopring allows multi-token transactions; these offer advantages to both users and exchanges by incorporating the risk into appropriate decentral...
17 Apr 2020 8 minute read 41 comments Yaz Sheikh
This tutorial will guide you on how to set up an account and place your first trade with Loopring.io - a fully Decentralized Exchange (DEX) that doesn't require users to complete KYC. During this tutorial, we will need to set up a MetaMask account, f...
17 Apr 2020 2 minute read 2 comments Loopring
Today we are super excited to release the Loopring API documentation: https://docs.loopring.io Now programmatic traders and market makers have a DEX to deploy their algorithmic or high-frequency trading strategies. High speeds, low (or no) fees, fr...
17 Apr 2020 1 minute read 1 comment Riga Crypto
Added recently as a tipping option on Publish0x, Loopring (LRC) has gained a lot of attention. A lot of articles about it, a lot of searches I presume, it's practically the newest toy of the platform. I admit that I haven't heard of the LRC until now...
16 Apr 2020 1 minute read 1 comment Marekskwarek
Loopring is not only a protocol, but also a decentralized system of automatic transaction execution, allowing for seamless altcoin trading in blockchain Ethereum.The platform is to be used, among others, to build decentralized applications (DAPP).All...
16 Apr 2020 4 minute read 4 comments kriptomann
Recently, Publish0x added Loopring coin on tipping. Loopring is "An Open Protocol for Scalable, Non-Custodial Exchanges". Now, readers and writers can receive tips in cryptocurrencies such as basic attention token (BAT), DAI, and Loopring(LRC). Here...
16 Apr 2020 2 minute read 0 comments Lucian Nagy Composer Multi ethnic instrumentalist
In all this cryptonian sharade that happened recently between #tron and #steemit I would preffer to stay neutral :-) It's funny, how, as a humble artist, i've tried to create on both platforms my own #tokens somehow having the feeling that at some...
16 Apr 2020 5 minute read 39 comments Brawnd0
It's been a tough few months for everybody, and I've been putting my head down and focusing on the market, looking for news that gives some insight into what the next big development in the market might be. Turns out that a pretty big development was...
16 Apr 2020 2 minute read 3 comments LRC Moderator
Today we are super excited to release the Loopring API documentation: https://docs.loopring.io Now programmatic traders and market makers have a DEX to deploy their algorithmic or high-frequency trading strategies. High speeds, low (or no) fees, fr...
