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

EIP-4844 will help reduce fees on L2 #zkRollups like ours by as much as 10-100x

Happy to see amazing progress being made on this💙 https://t.co/ehRq0GQa3B

Thread summarizing amazing progress on EIP-4844 (proto-danksharding).

This is a crucial first step to massively lower fees on L2, helping to make it affordable for much larger numbers of users to directly use on-chain applications instead of relying on cefi intermediaries. https://t.co/cMeIAV5aN5

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EIP-4844 will help reduce fees on L2 #zkRollups like ours by as much as 10-100x

Happy to see amazing progress being made on this💙 https://t.co/ehRq0GQa3B

Thread summarizing amazing progress on EIP-4844 (proto-danksharding).

This is a crucial first step to massively lower fees on L2, helping to make it affordable for much larger numbers of users to directly use on-chain applications instead of relying on cefi intermediaries. https://t.co/cMeIAV5aN5

EIP-4844 will help reduce fees on L2 #zkRollups like ours by as much as 10-100x.

byron.loopring.eth (B.👾)

RT @macro_diary: EIP-4844 is coming + is going to help unlock the L2 future we’ve all been waiting for

#BeYourOwnBank is becoming more of…

EIP-4844 is coming + is going to help unlock the L2 future we’ve all been waiting for

#BeYourOwnBank is becoming more of a reality with every new improvement we make on #Ethereum L1 as well as on L2💙 https://t.co/bR3Ha47F28

RT @macro_diary: EIP-4844 is coming + is going to help unlock the L2 future we've all been waiting for.

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