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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Ethereum Layer 3 is officially here💙

Loopring Smart Wallet now gives you access to test L3 from the comfort of your mobile device👇

✅download the LSW app
✅set up a @taikoxyz L2 account
✅receive 0.1 ETH to test
✅activate Loopring L3

What is Layer 3 + why do we need it?
👇

Ethereum Layer 3 is officially here.