LRC -4.53%
24h Change
$612 299 009.47
Market Cap
$83 365 862.09
24h Volume
$0.4659
Current Price
Tech Specs
Last historical data: 2021-01-22T08:14:08.000Z
Decimal places: 18
Algorithm: N/A
Prooftype: N/A
Country origin: CN
Genesis date: 2017-08-01
Liquidity score: 59.218
Publi interest score: 0.01
Community score: 38.27
Developer score: 80.444
Coingecko score: 55.185
Market cap rank: 62
Coingecko rank: 27
Alexa rank: 195654
Bing matches: 0
Loopring (LRC)
Loopring is an Ethereum zkRollup protocol - a type of layer 2 scaling solution.
Layer 2s are an environment that sits above Ethereum, where transaction throughput can be increased, and transaction cost can be decreased.
From a user's POV, that means faster, cheaper, gas-free transactions.
Importantly, zkRollups maintain the complete self-custodial security guarantees of Ethereum.
Loopring is also a collection of products built on top of its open source protocol.
These products include a non-custodial exchange (AMM and orderbook), payments, and wallets, powered by Loopring zkRollup.
The Loopring platform aims to optimize trading with cryptocurrency by reducing the risks of online trading.
Loopring is an ERC20 currency token on the Ethereum blockchain with the aim to establish a fair, decentralized and secure trading platform, that trades across the crypto exchanges.
