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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.
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,...
14 Apr 2020 2 minute read 3 comments AverageVancouverite
What Exactly is Loopring (LRC)? Earlier today, I checked my profile earnings to make a crypto withdrawal here on Publish0X, and noticed that a new tipping token known as "Loopring (LRC)" was added. Though I've only heard mentions of this token, I dec...
14 Apr 2020 1 minute read 1 comment MadMaxx
For a while, the Publish0x Devs have been testing a few new ceyprocirrencies to add to the tipping ecosystem. We've seen Hydro and Bounty0x come and go. And now it's Loopring's turn. I have very, very high hopes for this cryptocurrency, mostly becau...
14 Apr 2020 2 minute read 0 comments Sapphire Crypto
Mati Greenspan Says BTC Halving Will Be Nothing Like BCH And BSV! Mati Greenspan recently tweeted regarding his views of the upcoming BTC halving. Greenspan sees the BTC halving as a completely unique event and that it should in no way be compared to...
14 Apr 2020 2 minute read 27 comments Cryptonator`s
Some of you have already recognized it: A new ERC20 tipping token is introduced to publish0x that is called Loopring Coin (LRC). I believe that not many of you are already familiar with Loopring. For this reason, I decided to write this post about Lo...
14 Apr 2020 1 minute read 0 comments felipejoys
What is Loopring? Loopring is a protocol that allows easy deployment of a decentralized exchange running on the ETH chain. Trading is based on smart-contracts and it can integrate coins from any blockchain. It's goal is offering a low-cost, trus...
14 Apr 2020 1 minute read 0 comments alberdioni8406
The world right now is fighting against one of the most aggressive pandemic virus of the century and who knows even one of the biggest from the all humanity, letting Nations to be quarantined or in lockdown the imminent look for online works are hug...
14 Apr 2020 1 minute read 0 comments Lucian Nagy Composer Multi ethnic instrumentalist
Yuppiee!!! Finally, some awesome changes inside this amazing platform!!! This looks fabulous! #loopring in the house. At some moment i would like to see remunerations through #keybernetwork :-) As you've might noticed, my webpage is updated. You c...
14 Apr 2020 1 minute read 2 comments ChasingAfterTheWind
Loopring is a newly added crypto that I'm certain many such as myself have never heard of, so let's take a short look at it. A simple Startpage search brings us to the looping website where it reads: An Open Protocol for Scalable, Non-Custodial Exch...
