What do you think of #LRC ????
By the time i'm posting this is the best time to get hold of #LRC !!! because it's about to pump hard.
Why should I share this?
I have been following Loopring for some time and their application is promising.
What is Loopring?
Loopring is an open protocol for scalable, non-custodial exchanges. Loopring 3.0 is our newest, fastest, and most forward-looking protocol. Loopring 3.0 can settle up to 1,400 trades per second while guaranteeing the same level of security as the underlying Ethereum blockchain. This is made possible by using a construction called zkRollup, and a feature called On-Chain Data Availability, or OCDA. If OCDA is disabled, Loopring throughput becomes as high as 10,500 trades per second, but security reduces to that of the consortium which maintains said data.The average settlement cost for each trade with Loopring 3.0 is as low as $0.002 USD, which covers the gas for Ethereum transactions and the cost of proof generation on cloud computing platforms. DEXes can further lower the settlement cost by using cheaper servers in the cloud and GPU-based algorithms. To put things in perspective, most brokers' stock trading fees in the US are in the range of $2 to $7 USD per trade.
This is not a financial advice. Invest at your own risk becuase its CRYPTO!!
#Write2Earn
