Altcoin Buzz: GameSpot's Choice for NFTs: Loopring and LRC Explained

  • Wednesday, 13 July 2022 16:45
?Find the most undervalued gems, up-to-date research, and NFT buys with Altcoin Buzz Access. Join the Altcoin Buzz Access PRO Plan now starting from just $99 per month? ➡️https://bit.ly/AB-Access Loopring is a Decentralized Exchange (DEX) built on an Ethereum Layer-2 (L2) solution called zkRollup. It has both Automated Market Maker (AMM)-based and orderbook-based exchanges. zkRollup is an Ethereum L2 scaling solution that migrates computations off the blockchain. Loopring protocol only uses the underlying Ethereum blockchain as a data layer and a verification layer. As a result, Loopring's throughput is as high as 2,025 trades per second compared to Ethereum’s current throughput of 15 transactions per second. The result is that the cost per trade settlement is as small as $0.00015. Loopring's performance is sufficient for professional traders and market makers to deploy algorithmic strategies and other automated trading bots. This was not previously possible on any DEX as it was prohibitively slow and expensive. By building on top of Loopring 3.0, orderbook-based DEXs can be commercially viable for the first time. Loopring expects non-custodial exchanges can begin to outcompete and displace many centralized counterparts. FREE TRADING SIGNALS https://t.me/AltcoinBuzzSignals ALTCOIN BUZZ CHAT https://t.me/AltcoinBuzzChat TOP CRYPTO NEWS https://www.altcoinbuzz.io FREE NEWSLETTER http://eepurl.com/dnIEz1 TWITTER https://twitter.com/altcoinbuzzio COINGECKO https://gcko.io/altcoin-buzz ? FREE CRYPTO PROJECT EVALUATION CHECKLIST Use this checklist to help you with the research and due diligence process for any crypto project. https://bit.ly/altcoinbuzz-checklist ➖ DISCLAIMER ➖ The information discussed by Altcoin Buzz is not financial advice. This is for educational and informational purposes only. Any information or strategies are thoughts and opinions relevant to accepted levels of risk tolerance of the content creators/reviewers and their risk tolerance may be different than yours. Altcoin Buzz is not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Please do your own due diligence and rating before making any investments and consult your financial advisor. The information presented we believe to be correct and accurate however there is no guarantee or warranty as to the accuracy, timeliness, completeness. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd. All rights reserved. #loopring #lrc #ethereum

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