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

Transfer #NFTs or #crypto assets across the world, instantly, for pennies - without having to trust anyone⚡️

This is the power of #Ethereum’s second layer💙

#L222🌀 https://t.co/NGN8KVHiCZ

💙 L2 average costs past 24h 💙

L2 Deposit: $3.92
L2 Withdrawal: $2.72
📱️
Smart wallet creation: $18.10
L2-only wallet creation: $1.81
⚡️
L2 Transfer: $0.06
AMM Join/Exit $3.02
Add a guardian: $9.65

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Transfer #NFTs or #crypto assets across the world, instantly, for pennies - without having to trust anyone⚡️

This is the power of #Ethereum’s second layer💙

#L222🌀 https://t.co/NGN8KVHiCZ

💙 L2 average costs past 24h 💙

L2 Deposit: $3.92
L2 Withdrawal: $2.72
📱️
Smart wallet creation: $18.10
L2-only wallet creation: $1.81
⚡️
L2 Transfer: $0.06
AMM Join/Exit $3.02
Add a guardian: $9.65

Transfer #NFTs or #crypto assets across the world, instantly, for pennies - without having to trust anyone️.