Loopring is a decentralized trading and payment protocol built on Ethereum that aims to speed up the time it takes to make a transaction. On Loopring, trades are settled in seconds (or less) because they do not need to be confirmed by the Ethereum network. Instead, it provides a faster, low-fee alternative by utilizing layer 2 rollups. This process makes the protocol perform quickly and at scale without sacrificing Ethereum’s security. Loopring’s governance token, LRC, is earned by taking actions beneficial to Loopring’s ecosystem.
What is Loopring (LRC)?
Discover the key facts about Loopring (LRC).
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What is Blockchain: Why You Should Care A blockchain is a growing list of records, called blocks, that are linked together using cryptography. Each block contains a cryptographic hash of the previous block, a timestamp, and transaction data. Read more
