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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We are excited to share Loopring L3 is now officially live on @taikoxyz alpha-3 zkEVM testnet 💙🥁

This marks the beginning of our L3 journey towards achieving greater scalability & highly optimized experiences tailored for our smart wallet and decentralized applications

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We are excited to share Loopring L3 is now officially live on @taikoxyz alpha-3 zkEVM testnet.