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

byron.loopring.eth (B.👾)

RT @macro_diary: #Ethereum was built to scale through #Layer2 + its working!

I just sent some $USDC on #Loopring L2 - it cost me $0.05 in…

#Ethereum was built to scale through #Layer2 + its working!

I just sent some $USDC on #Loopring L2 - it cost me $0.05 in fees

All while preserving #Ethereum security💙 https://t.co/FxiE9SLNON

Having to pay $7 in gas to send USDC on ETH Mainnet is atrocious

Exclusively using L2s to payout winners for future tourneys

You would think things would be better by now..

RT @macro_diary: #Ethereum was built to scale through #Layer2 + its working.