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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Our upgrade process is undergoing a big change - we are introducing a minimum time lock on all upgrades to ensure users have time to verify code + opt-in prior💙

We also understand not all users have the technical ability to verify code themselves🧐

For this reason we are looking to nominate a new Loopring Security Council

These will be community representatives who are able to speak for the community, ask questions, and verify + approve of upgrades

Stay tuned and get into our community channels to have a voice in nominating + voting in this council in the future.

→https://t.co/B7ewkqyLtm
→https://t.co/lrhrVZvP3O