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Loopring is an open protocol for scalable, non-custodial exchanges. Loopring 3.0 is our newest, fastest, and most forward-looking protocol.
Loopring 3.0 can settle up to 1,400 trades per second while guaranteeing the same level of security as the underlying Ethereum blockchain. This is made possible by using a construction called zkRollup, and a feature called On-Chain Data Availability, or OCDA. If OCDA is disabled, Loopring throughput becomes as high as 10,500 trades per second, but security reduces to that of the consortium which maintains said data. The average settlement cost for each trade with Loopring 3.0 is as low as $0.002 USD, which covers the gas for Ethereum transactions and the cost of proof generation on cloud computing platforms.
DEXes can further lower the settlement cost by using cheaper servers in the cloud and GPU-based algorithms. To put things in perspective, most brokers' stock trading fees in the US are in the range of $2 to $7 USD per trade..
SmashingBloke reviews Loopring Cryptocurrency, the protocol for Decentralised Token Exchange. This is not Financial Advice Loopring Website: ...
Organization: Coinport Inc
Creation date: 2017-06-22
Expiration date: 2025-06-22
Loopring is not only a protocol but also a decentralized automated execution system that trades across the crypto-token exchanges, shielding users from counterparty risk and reducing the cost of trading. By pooling the liquidity of cryptocurrencies, we are building the financial system of the future.
The whitepaper of Loopring is 15 Pages long.
The most influencial keywords are: Orders, Token, Order book, Users, Exchange, Fees, Protocol, Loopring, Rings, and Trade.file_downloadOpen Whitepaper
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Loopring was founded back in August 2016.
Its source code was released publicly on github on August 2017
under the Apache License 2.0 license.
Organization wise, Looprings Development is Centralized and is being developed under the lead of Matthew Finestone.
The consensus on which the Loopring network is run is called Not mineable, while
the underlying algorithm is called None.
In the current state of Loopring currently is On-going development
Loopring is an Ethereum zkRollup protocol. A layer-2 solution for securely scaling Ethereum, and building high-performance, non-custodial exchanges and payment applications. Loopring operates products atop the protocol, including the Loopring Wallet, and Loopring Exchange.
|view_list r/loopringorg Subreddit|
|person 9,589 Subscribers|
|directions_run 52 Active Users|
|create 1 Daily Posts|
|speaker_notes 15 Daily Comments|
Main chat: https://discord.gg/KkYccYp
Download the Loopring Mobile Wallet: https://loopring.io
Use the Loopring Exchange: https://exchange.loopring.io
|view_list Loopring English Community Channel|
|person 8,761 Members|
|directions_run 768 Online|
Official Twitter account for Loopring
|view_list @loopringorg Channel|
|person 65,427 Followers|
There are no events for Loopring in the next 3 Months
The Google Trends chart displays the search interest on google in Loopring relative to its peak over the last year. A rising chart shows growing interest int he project.
Every change to the codebase of Loopring is registered as a commit. More active projects have many commits, dead projects nearly none.
Extending a project results in many new lines of code. Changing existing code results in nearly the same amount of additions and deletions. Projects that are growing show a large number of code additions with relatively few deletions.
|star 221 Stars|
|remove_red_eye 61 Watchers|
|usb 58 Forks|
|sync_problem 3 Open Issues|
|border_color 7.43 % Comment Coverage|
|lock_open Apache Licen License|
Convert between LRC and USD with the live Loopring prices, aggregated from all big exchanges that trade Loopring.
Volume from exchanges is considered untrusted if the exchange has little reputation and no License but reports suspiciously high trading volume in particular coins.
Daniel Wang -
Daniel Wang is the creator of Loopring Protocol, founder and chairman of Loopring Foundation. He used to work as a senior software engineer and tech-lead at Google Mountain View, a senior director of engineering at JD.com, and a senior director at Zhongan Insurance. He is also a cofounder of Hygene Inc. and a cofounder of Yunrang (Beijing) Information Technology Limited.
|# 1||Binance||LRC/USDT||$ 0.557685||$ 8,618,882||check|
|# 2||Coinbase Pro||LRC/USD||$ 0.558000||$ 6,543,648||check|
|# 3||Binance||LRC/BTC||$ 0.555661||$ 5,216,773||check|
|# 4||Binance||LRC/ETH||$ 0.556941||$ 1,064,319||check|
|# 5||Coinbase Pro||LRC/BTC||$ 0.556233||$ 438,617||check|
|# 6||Binance||LRC/BUSD||$ 0.556011||$ 200,752||check|
|# 7||Bittrex||LRC/BTC||$ 0.552796||$ 22,301||check|
|# 8||Bitfinex||LRC/USD||$ 0.560220||$ 12,249||check|
|# 9||Poloniex||LRC/USDT||$ 0.547415||$ 6,983||check|
|# 10||Bitfinex||LRC/BTC||$ 0.557379||$ 2,659||check|
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