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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.
16 Apr 2020 2 minute read 3 comments CryptoOwen
I remember hearing about Loopring back in 2018 during the great, infamous Alt Season that lasted from January all the way till May 7th before dumping into oblivion. I had forgotten about it for some time. When I mentioned I was bullish on $LRC, they...
16 Apr 2020 1 minute read 0 comments EarneyBitcoin
Most of you will have noticed by now that loopring is a new token that has been added to Publish0x.. so i thought i would take a quick look at what this project is! There are many long articles explaining the system.. today i just wanted to show yo...
16 Apr 2020 1 minute read 10 comments tomoyan
Loopring (LRC) token is now officially integrated on Publish0x 🎉 Publish0x Loopring Post But more important question for me is this 👇 Can you stake Loopring (LRC) token? TLDR: YES But it is not easy. I mean it is not hard either but it is not like...
15 Apr 2020 1 minute read 1 comment Daniella Blog
After posting, reading and tipping other users on the platform, I went straight to my dashboard and discovered this very token below others.LoopringWhat's the new token doing there?To me, it's not making sense at all.Publish0x now has 5 different p...
15 Apr 2020 1 minute read 1 comment Gamma
Loopring a decentralized exchange After several updates, their Protocol Loopring is currently at version 3.0 with new features.Loopring is intended to be an exchange that has all the features of a centralized exchange with the advantages of a decentr...
15 Apr 2020 2 minute read 56 comments Dan Bainbridge
We are pretty excited today to announce the addition of a new token for tipping on Publish0x - Loopring LRC. This month there will be a 60% chance of receiving a tip in LRC (and 20% chance of DAI and 20% chance of BAT) Here's our payout address, wi...
14 Apr 2020 6 minute read 14 comments CryptoMarketing
You must have noticed from your Publish0x payment dashboard the addition of a new tipping token called Loopring (LRC). The first question that might come to your mind is what is Loopring? Is it a valuable token? What is the price now? what is the pot...
14 Apr 2020 2 minute read 7 comments Roberto D.
Publish0x has introduced, or is about to introduce, Loopring (LRC) payments, but what is this cryptocurrency? Let's do some clarity. What is Loopring (LRC)? Loopring is a protocol that allows a decentralized exchange of Erc20 tokens on the Ether...
14 Apr 2020 1 minute read 3 comments TrevorBalthrop
Loopring LRC has been making it's way around the internet airwaves recently. But who would have ever thought that it would make its way to Publish0x.com? Confirmed inside of my very own account this morning. It appears I now have access to getting t...
14 Apr 2020 1 minute read 0 comments Dominus1
So I got out of my bed, ready to write my first Publish0x article but had to glance through the previous post and see what I did last before going to sleep. Then I found out the new tipping token added to Publish0x. It was Loopring! Loopring really,...
