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

There are big advantages to being a highly optimizable application-specific zkRollup💙

#L222🌀 https://t.co/VhbjV6DPHf

Loopring💙🏴‍☠️

HackEveryThing

It is generally cheaper and faster to use zk-rollups to transact. 

Between the zk-rollups, @loopringorg is the cheapest for sending $ETH, while @0xPolygonHermez costs 10x as much. https://t.co/2tZCJrSLSG

Twitter

There are big advantages to being a highly optimizable application-specific zkRollup💙

#L222🌀 https://t.co/VhbjV6DPHf

It is generally cheaper and faster to use zk-rollups to transact. 

Between the zk-rollups, @loopringorg is the cheapest for sending $ETH, while @0xPolygonHermez costs 10x as much. https://t.co/2tZCJrSLSG

There are big advantages to being a highly optimizable application-specific zkRollup. #L222.