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.

Loopring news today, LRC crypto latest news of token ticker

Loopring

First item listed to layer 1 from a #loopring wallet.  

Thanks for the upgraded contract @loopringorg @brachsterXx & @macro_diary

You all and your support team have been excellent help through this.

It's exciting to know loopring smart wallet can now do it all.

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One of the big benefits of the recent Loopring Smart Wallet contract upgrade - a fully functional L1 Ethereum wallet 🔥

Much more to come from this. Loopring Smart Wallet is becoming THE best + most secure Ethereum wallet out there - with L2 + L3 baked in💙

One of the big benefits of the recent Loopring Smart Wallet contract upgrade - a fully functional L1 Ethereum wallet.