Loopring is a blockchain protocol for Etherium Layer-2, built using zk-rollup. In other words, the company has come up with a system to reduce the commission, accelerate Etherium transactions. Advantages of the protocol: security, low fees for transfers, speed, commission for transfers inside Loopring (Ethereum Layer-2) is less than $1, almost instant transactions.

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Loopring

Congratulations to the Ethereum ecosystem on delivering another major upgrade in Shapella🎉

Next stop EIP 4844 - now it's time for #Layer2 to deliver scalability💙

Congratulations to the Ethereum ecosystem on delivering another major upgrade in Shapella.