What is loopring (Lo loopring)?

Loopring is a zkRollup layer2. It allows for high-throughput, low-cost trading and payment on Ethereum. Why Loopring? Loopring is an open-sourced, audited, and non-custodial exchange and payment protocol.

What is loopring (LRC) token?

Loopring (LRC) is the token powering the Loopring protocol. This layer 2 Ethereum solution enables fast and scalable decentralized applications (DApps) on top of the most famous smart contract network. So, how does the Loopring cryptocurrency work, and what is the Loopring protocol? What is Loopring (LRC)? What is zk-Rollup? How does Loopring work?

What is the loopring Relayer and how does it work?

The Loopring relayer manages the off-chain Merkle tree, creates roll-up blocks, generates zk-SNARK proofs of the validity of the rollup block, published proof, and data to the Ethereum network and more. Moreover, the Loopring protocol allows anyone to build and run their own zk-Rollups and products.

Why do I need to trust loopring?

Nobody in the Loopring ecosystem needs to trust others. zkRollup assures assets are always under users' own control; 100% Ethereum-level security guarantees. Loopring powers highly scalable decentralized exchanges and payments by batch-processing thousands of requests off-chain, with verifiably correct execution via ZKPs.