#loopring (lrc)

Will Loopring (LRC) make money from Scalability?

The creators of Loopring (LRC) hope to cash in on the cryptocurrency trading boom by offering scalability. In addition, Loopring claims to offer a solution to the blockchain scalability problem. To explain, most blockchains are not scalable because of small capacity. Blockchains’ capacity to process transactions are limited by all the security and encryption. For example, Coinbase…

Layer 2 DEX Loopring Adoption Surges as TVL Jumps 570% in Six Weeks

The decentralized Loopring exchange is one of several layer two (L2) networks that have seen a surge in adoption as Ethereum transaction fees march ever higher. Loopring is a layer two DEX that uses zero-knowledge rollups to scale Ethereum transactions. With gas prices at painful levels, it has seen a surge in usage over the past few months. Loopring claims to be able to settle up to 2,025 trades…