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

Here's to another 5 years of helping to scale #Ethereum so we can onboard the masses into crypto🥂

Thanks to our amazing community for helping to grow the Loopring L2 ecosystem into what it is today💙

#L222🌀 https://t.co/HVZB6JSUmt

Here's to another 5 years of helping to scale #Ethereum so we can onboard the masses into crypto.